Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Cameroon - 2022

Contents:

1. Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Cameroon (FOB) - 2022
2. Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Cameroon (CIF) - 2022
3. Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Cameroon
4. Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Cameroon

Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Cameroon (FOB) - 2022

In 2022, the average export price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa amounted to $2,102 per ton, which is down by -1.5% against the previous year. Over the period under review, the export price continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2017 an increase of 14%. The export price peaked at $2,644 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Equatorial Guinea ($2,978 per ton), while the average price for exports to Chad ($1,797 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 Nigeria (+2.3%), while the prices for the other major destinations experienced a decline.

Price for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Cameroon (CIF) - 2022

The average import price for sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa stood at $1,275 per ton in 2022, picking up by 3.1% against the previous year. Overall, the import price, however, showed a perceptible setback. The pace of growth appeared the most rapid in 2019 when the average import price increased by 16% against the previous year. The import price peaked at $1,631 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 ($4,532 per ton), while the price for Togo ($242 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Cameroon

In 2022, shipments abroad of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa decreased by -3.3% to 2K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 7.1%. As a result, the exports reached the peak of 2.1K tons, and then dropped modestly in the following year.

In value terms, exports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa declined to $4.2M in 2022. The total export value increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 11% against the previous year. As a result, the exports reached the peak of $4.4M, and then fell slightly in the following year.

Top Export Markets for Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa from Cameroon in 2022:

1. Chad (1283.0 tons)
2. Congo (432.4 tons)
3. Equatorial Guinea (174.9 tons)
4. Central African Republic (61.8 tons)
5. Gabon (55.5 tons)

Imports of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa in Cameroon

After three years of growth, overseas purchases of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa decreased by -9.7% to 2.7K tons in 2022. The total import volume increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. As a result, imports reached the peak of 3K tons, and then declined in the following year.

In value terms, imports of sugar confectionery; (excluding chewing gum, including white chocolate), not containing cocoa shrank to $3.5M in 2022. In general, imports saw a slight decline. The growth pace was the most rapid in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of $3.7M, and then contracted in the following year.

Top Suppliers of Sugar Confectionery; (Excluding Chewing Gum, Including White Chocolate), Not Containing Cocoa to Cameroon in 2022:

1. India (1789.6 tons)
2. Morocco (419.5 tons)
3. Brazil (155.8 tons)
4. Togo (97.2 tons)
5. China (73.5 tons)
6. Turkey (62.3 tons)
7. France (42.4 tons)
8. Pakistan (32.5 tons)

Source: IndexBox Market Intelligence Platform