Cameroon: Market for Malt Extract And Food Preparations Of Flour, Meal, And Starch 2024

Market Size for Malt Extract And Food Preparations Of Flour, Meal, And Starch in Cameroon

In 2022, the Cameroonian market for malt extract and food preparations of flour, meal, and starches was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption continues to indicate a moderate increase. Consumption of peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Exports of Malt Extract And Food Preparations Of Flour, Meal, And Starch

Exports from Cameroon

In 2022, shipments abroad of malt extract and food preparations of flour, meal, and starches increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, showed a deep contraction. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports of attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, exports of malt extract and food preparations of flour, meal, and starches surged to $X in 2022. In general, exports, however, showed a abrupt downturn. Over the period under review, the exports of attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Belgium (X tons), Switzerland (X tons) and the United States (X tons) were the main destinations of exports of malt extract and food preparations of flour, meal, and starches from Cameroon, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Switzerland ($X) remains the key foreign market for malt extract and food preparations of flour, meal, and starches exports from Cameroon, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Switzerland amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and the United States (X% per year).

Export Prices by Country

The average export price for malt extract and food preparations of flour, meal, and starches stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the export price showed a resilient expansion. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2021 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 Switzerland ($X per ton), while the average price for exports to Belgium ($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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Malt Extract And Food Preparations Of Flour, Meal, And Starch

Imports into Cameroon

In 2022, purchases abroad of malt extract and food preparations of flour, meal, and starches increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports saw a perceptible expansion. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports of attained the peak figure at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, imports of malt extract and food preparations of flour, meal, and starches skyrocketed to $X in 2022. Overall, imports showed noticeable growth. The pace of growth was the most pronounced in 2014 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Malaysia (X tons) constituted the largest malt extract and food preparations of flour, meal, and starch supplier to Cameroon, accounting for a X% share of total imports. Moreover, imports of malt extract and food preparations of flour, meal, and starches from Malaysia exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. The third position in this ranking was taken by Belgium (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Malaysia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Belgium (X% per year).

In value terms, Malaysia ($X) constituted the largest supplier of malt extract and food preparations of flour, meal, and starches to Cameroon, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Malaysia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average import price for malt extract and food preparations of flour, meal, and starches amounted to $X per ton, approximately mirroring the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained 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 China ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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