Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Cameroon - 2022

Contents:

1. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Cameroon (FOB) - 2022
2. Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Cameroon (CIF) - 2022
3. Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Cameroon
4. Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Cameroon

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Cameroon (FOB) - 2022

The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $721 per ton in 2022, growing by 66% against the previous year. Overall, the export price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 159% against the previous year. As a result, the export price reached the peak level of $4,104 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($5,188 per ton), while the average price for exports to Gabon ($502 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 France (+1,458.0%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Cameroon (CIF) - 2022

The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $229 per ton in 2022, falling by -30.1% against the previous year. In general, the import price recorded a dramatic downturn. The growth pace was the most rapid in 2017 when the average import price increased by 44%. Over the period under review, average import prices hit record highs at $3,198 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($500 per ton), while the price for South Africa ($197 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-20.2%), while the prices for the other major suppliers experienced a decline.

Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Cameroon

Exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) from Cameroon skyrocketed to 1.2 tons in 2022, rising by 108% against 2021. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 702%. As a result, the exports reached the peak of 3.4 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) surged to $833 in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 430% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from Cameroon in 2022:

1. Gabon (832.0 kg)
2. United States (180.0 kg)
3. Canada (19.0 kg)
4. France (16.0 kg)

Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Cameroon

For the fourth year in a row, Cameroon recorded growth in overseas purchases of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn), which increased by 43% to 83 kg in 2022. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) amounted to $19 in 2022. In general, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Cameroon in 2022:

1. South Africa (76.0 kg)
2. China (3.0 kg)
3. United Arab Emirates (2.0 kg)
4. United States (1.0 kg)
5. France (1.0 kg)

Source: IndexBox Market Intelligence Platform