Cameroon: Cotton Lint Market 2024

Cotton Lint Market Size in Cameroon

In 2022, the Cameroonian cotton lint market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. Cotton lint consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Cotton Lint Production in Cameroon

In value terms, cotton lint production reduced slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

In 2022, the average yield of cotton lint in Cameroon skyrocketed to X tons per ha, growing by X% compared with the year before. In general, the yield indicated pronounced growth from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cotton lint yield decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the yield increased by X% against the previous year. Over the period under review, the average cotton lint yield reached the peak level at X tons per ha in 2019; however, from 2020 to 2022, the yield remained at a 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 cotton lint harvested area in Cameroon fell slightly to X ha, approximately reflecting the year before. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X%. The cotton lint harvested area peaked at X ha in 2019; however, from 2020 to 2022, the harvested area failed to regain momentum.

Cotton Lint Exports

Exports from Cameroon

In 2022, cotton lint exports from Cameroon reduced to X tons, waning by X% compared with the previous year. Overall, total exports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons, and then shrank in the following year.

In value terms, cotton lint exports declined to $X in 2022. In general, total exports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

Bangladesh (X tons) was the main destination for cotton lint exports from Cameroon, accounting for a X% share of total exports. Moreover, cotton lint exports to Bangladesh exceeded the volume sent to the second major destination, Malaysia (X tons), fivefold. Vietnam (X tons) ranked third in terms of total exports with an X% share.

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

In value terms, Bangladesh ($X) remains the key foreign market for cotton lint exports from Cameroon, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports. It was followed by Vietnam, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Bangladesh totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and Vietnam (X% per year).

Export Prices by Country

In 2022, the average cotton lint export price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a slight curtailment. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a 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 China ($X per ton), while the average price for exports to Turkey ($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 Vietnam (X%), while the prices for the other major destinations experienced a decline.

Cotton Lint Imports

Imports into Cameroon

In 2022, the amount of cotton lint imported into Cameroon dropped remarkably to X tons, falling by X% against the year before. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then reduced rapidly in the following year.

In value terms, cotton lint imports contracted markedly to $X in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then contracted remarkably in the following year.

Imports by Country

In 2022, France (X tons) constituted the largest cotton lint supplier to Cameroon, accounting for a X% share of total imports. Moreover, cotton lint imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold.

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

In value terms, France ($X) constituted the largest supplier of cotton lint to Cameroon, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports.

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

Import Prices by Country

The average cotton lint import price stood at $X per ton in 2022, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Germany stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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