Price for Tobacco, (Not Stemmed or Stripped) in Cameroon - 2022
Contents:
- Price for Tobacco, (Not Stemmed or Stripped) in Cameroon (FOB) - 2022
- Price for Tobacco, (Not Stemmed or Stripped) in Cameroon (CIF) - 2022
- Exports of Tobacco, (Not Stemmed or Stripped) in Cameroon
- Imports of Tobacco, (Not Stemmed or Stripped) in Cameroon
Price for Tobacco, (Not Stemmed or Stripped) in Cameroon (FOB) - 2022
The average export price for tobacco, (not stemmed or stripped)s stood at $6,251 per ton in 2022, picking up by 33% against the previous year. Over the period under review, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tobacco, (not stemmed or stripped) export price decreased by -1.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 70% against the previous year. As a result, the export price attained the peak level of $6,339 per ton; afterwards, it flattened through to 2022.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Dominican Republic ($26,049 per ton), while the average price for exports to Belgium ($931 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 Dominican Republic (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tobacco, (Not Stemmed or Stripped) in Cameroon (CIF) - 2022
In 2020, the average import price for tobacco, (not stemmed or stripped)s amounted to $8,449 per ton, increasing by 75% against the previous year. In general, the import price continues to indicate a significant expansion. The growth pace was the most rapid in 2019 when the average import price increased by 301%. The import price peaked in 2020 and is likely to continue growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Switzerland.
From 2012 to 2020, the rate of growth in terms of prices for Honduras amounted to 0.0% per year.
Exports of Tobacco, (Not Stemmed or Stripped) in Cameroon
In 2022, tobacco, (not stemmed or stripped) exports from Cameroon skyrocketed to 158 tons, jumping by 333% against the year before. Overall, exports, however, recorded a abrupt descent.
In value terms, tobacco, (not stemmed or stripped) exports surged to $987K in 2022. Over the period under review, exports, however, recorded a perceptible contraction.
| Export of Tobacco, (Not Stemmed or Stripped) in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Dominican Republic | 20.1 | 1,076 | 1.3 | 661 | 220.4% |
| Netherlands | 205 | 272 | 78.7 | 165 | -7.0% |
| Nicaragua | 591 | 272 | 58.4 | 89.5 | -46.7% |
| Belgium | 185 | 85.0 | 14.5 | 49.0 | -35.8% |
| United States | 34.7 | 57.9 | 10.8 | 13.5 | -27.0% |
| Germany | 13.1 | 15.3 | 4.3 | 8.0 | -15.2% |
| Turkey | N/A | 23.8 | 2.8 | N/A | -88.2% |
| Others | 0.5 | 0.5 | 0.3 | 1.1 | 30.1% |
| Total | 1,050 | 1,803 | 171 | 987 | -2.0% |
Top Export Markets for Tobacco, (Not Stemmed or Stripped) from Cameroon in 2022:
- Netherlands (62.0 tons)
- Belgium (52.6 tons)
- Dominican Republic (25.4 tons)
- United States (7.7 tons)
- Germany (5.1 tons)
- Nicaragua (4.9 tons)
Imports of Tobacco, (Not Stemmed or Stripped) in Cameroon
In 2020, tobacco, (not stemmed or stripped) imports into Cameroon contracted significantly to 107 kg, which is down by -45.7% against the year before. In general, imports showed a precipitous descent.
In value terms, tobacco, (not stemmed or stripped) imports dropped slightly to $904 in 2020. Overall, imports saw a pronounced reduction.
| Import of Tobacco, (Not Stemmed or Stripped) in Cameroon (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Switzerland | N/A | 904 | 0% | ||
| Nigeria | 24.0 | N/A | 0% | ||
| United States | 925 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 949 | 904 | -4.7% | ||
Top Suppliers of Tobacco, (Not Stemmed or Stripped) to Cameroon in 2022:
- Switzerland (107.0 kg)
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