Cameroon: Coconut Market 2024

Coconut Market Size in Cameroon

The Cameroonian coconut market amounted to $X in 2022, growing by X% against the previous year. Overall, consumption saw a mild increase. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Coconut Production in Cameroon

In value terms, coconut production surged to $X in 2022 estimated in export price. Over the period under review, production enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

The average yield of coconuts in Cameroon was estimated at X tons per ha in 2022, approximately mirroring the year before. Over the period under review, the yield, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2016 to 2022, the growth of the average coconut yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the coconut harvested area in Cameroon amounted to X ha, remaining stable against 2021. In general, the harvested area showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to coconut production attained the peak figure at X ha in 2018; however, from 2019 to 2022, the harvested area stood at a somewhat lower figure.

Coconut Exports

Exports from Cameroon

In 2022, shipments abroad of coconuts increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, coconut exports skyrocketed to $X in 2022. In general, exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

France (X tons) was the main destination for coconut exports from Cameroon, with a X% share of total exports. Moreover, coconut exports to France exceeded the volume sent to the second major destination, Belgium (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Switzerland (X% per year).

In value terms, France ($X) emerged as the key foreign market for coconuts exports from Cameroon, comprising X% of total exports. The second position in the ranking was held by Switzerland ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2022, the average coconut export price amounted to $X per ton, waning by X% against the previous year. Overall, the export price, however, posted a strong expansion. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (X%), while the prices for the other major destinations experienced mixed trend patterns.

Coconut Imports

Imports into Cameroon

In 2022, overseas purchases of coconuts decreased by X% to X tons, falling for the fourth year in a row after four years of growth. Overall, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, coconut imports shrank significantly to $X in 2022. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Nigeria (X tons) was the main supplier of coconut to Cameroon, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Nigeria amounted to X%.

In value terms, Nigeria ($X) constituted the largest supplier of coconuts to Cameroon.

From 2012 to 2022, the average annual rate of growth in terms of value from Nigeria stood at X%.

Import Prices by Country

The average coconut import price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Nigeria.

From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to X% per year.

Source: IndexBox Platform

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