Cameroon - Chocolate And Other Food Preparations Containing Cocoa - Market Analysis, Forecast, Size, Trends And Insights
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View PricingChocolate Price in Cameroon - 2022
Contents:
- Chocolate Price in Cameroon (CIF) - 2022
- Chocolate Price in Cameroon (FOB) - 2022
- Chocolate Imports in Cameroon
- Chocolate Exports in Cameroon
Chocolate Price in Cameroon (CIF) - 2022
The average chocolate import price stood at $3,487 per ton in 2022, which is down by -11.2% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 165% against the previous year. The import price peaked at $3,926 per ton in 2021, and then declined in the following year.
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 Indonesia ($6,181 per ton), while the price for China ($587 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Chocolate Price in Cameroon (FOB) - 2022
The average chocolate export price stood at $693 per ton in 2022, with an increase of 4.5% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2017 an increase of 190%. As a result, the export price attained the peak level of $3,012 per ton. From 2018 to 2022, the average 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 the United Arab Emirates ($8,455 per ton), while the average price for exports to Congo ($221 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 the United Arab Emirates (+14.4%), while the prices for the other major destinations experienced mixed trend patterns.
Chocolate Imports in Cameroon
In 2022, imports of chocolate and other food preparations containing cocoa into Cameroon declined markedly to 56 tons, waning by -28.7% on the previous year's figure. Overall, imports showed a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 134% against the previous year. As a result, imports reached the peak of 78 tons, and then reduced remarkably in the following year.
In value terms, chocolate imports fell markedly to $194K in 2022. Over the period under review, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 274%. As a result, imports attained the peak of $306K, and then shrank dramatically in the following year.
| Import of Chocolate in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 77.4 | 24.7 | 88.9 | 50.3 | -13.4% |
| United Arab Emirates | 7.9 | 0.5 | 112 | 31.4 | 58.4% |
| Poland | 18.2 | 18.1 | 20.9 | 22.9 | 8.0% |
| Indonesia | 41.2 | 11.1 | 30.4 | 20.6 | -20.6% |
| Turkey | 2.2 | 1.6 | 0.5 | 15.0 | 89.6% |
| Belgium | 26.2 | 2.9 | 6.7 | 10.6 | -26.0% |
| Tunisia | 3.9 | 10.9 | 2.7 | 9.7 | 35.5% |
| Nigeria | 23.6 | 1.2 | 8.0 | 6.0 | -36.7% |
| United Kingdom | 0.4 | 0.1 | 7.3 | 5.5 | 139.6% |
| Spain | 3.6 | 1.3 | 4.6 | 4.1 | 4.4% |
| China | 1.5 | 0.5 | 1.4 | 1.0 | -12.6% |
| Egypt | N/A | N/A | 4.0 | N/A | 0% |
| Others | 32.7 | 9.0 | 17.9 | 16.6 | -20.2% |
| Total | 239 | 81.8 | 306 | 194 | -6.7% |
Top Suppliers of Chocolate to Cameroon in 2022:
- Germany (10.3 tons)
- Nigeria (8.3 tons)
- Poland (8.1 tons)
- United Arab Emirates (5.9 tons)
- Turkey (5.1 tons)
- Tunisia (3.5 tons)
- Indonesia (3.3 tons)
- United Kingdom (2.9 tons)
- China (1.8 tons)
- Belgium (1.7 tons)
- Spain (1.5 tons)
Chocolate Exports in Cameroon
In 2022, the amount of chocolate and other food preparations containing cocoa exported from Cameroon fell dramatically to 46 tons, waning by -46% against 2021. In general, exports recorded a precipitous slump. The pace of growth was the most pronounced in 2021 when exports increased by 1,164% against the previous year.
In value terms, chocolate exports fell dramatically to $32K in 2022. Over the period under review, exports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 684%.
| Export of Chocolate in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Gabon | 159 | 6.4 | 8.0 | 21.1 | -49.0% |
| Congo | 4.2 | 0.2 | 18.5 | 7.5 | 21.3% |
| United States | 1.7 | 0.1 | 1.2 | 0.5 | -33.5% |
| Saudi Arabia | N/A | N/A | 22.8 | N/A | 0% |
| Others | 5.0 | 0.4 | 5.5 | 2.4 | -21.7% |
| Total | 170 | 7.1 | 56.0 | 31.6 | -42.9% |
Top Export Markets for Chocolate from Cameroon in 2022:
- Congo (33.9 tons)
- Gabon (6.9 tons)
- United States (0.8 tons)
This report provides an in-depth analysis of the chocolate market in Cameroon. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10822130 - Chocolate and other food preparations containing cocoa, in blocks, slabs or bars > 2 kg or in liquid, paste, powder, g ranular or other bulk form, in containers or immediate packings of a content > 2 kg, containing . .18 % by weight of
Country coverage:
- Cameroon
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Cameroon
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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