Cameroon: Hazelnut Market 2024

Hazelnut Market Size in Cameroon

The Cameroonian hazelnut market stood at $X in 2022, stabilizing at the previous year. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Hazelnut Production in Cameroon

In value terms, hazelnut production reached $X in 2022 estimated in export price. Overall, production continues to indicate a mild descent. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

In 2022, the average yield of hazelnuts in Cameroon contracted modestly to X tons per ha, almost unchanged from 2021. In general, the yield recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the yield increased by X%. The hazelnut yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The hazelnut harvested area in Cameroon was estimated at X ha in 2022, approximately reflecting the previous year. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X%. The hazelnut harvested area peaked at X ha in 2014; however, from 2015 to 2022, the harvested area stood at a somewhat lower figure.

Hazelnut Exports

Exports from Cameroon

In 2022, shipments abroad of hazelnuts was finally on the rise to reach X kg after two years of decline. Over the period under review, exports saw a mild increase. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports attained the peak of X kg. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, hazelnut exports skyrocketed to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Gabon (X kg) was the main destination for hazelnut exports from Cameroon, accounting for a X% share of total exports. Moreover, hazelnut exports to Gabon exceeded the volume sent to the second major destination, Belgium (X kg), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Gabon stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Canada (X% per year).

In value terms, Gabon ($X) remains the key foreign market for hazelnuts exports from Cameroon, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Gabon was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Canada (X% per year).

Export Prices by Country

The average hazelnut export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Gabon ($X per ton), while the average price for exports to Canada ($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 Gabon (X%), while the prices for the other major destinations experienced a decline.

Hazelnut Imports

Imports into Cameroon

In 2022, the amount of hazelnuts imported into Cameroon skyrocketed to X kg, increasing by X% on 2021 figures. In general, imports continue to indicate pronounced growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X kg in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, hazelnut imports rose sharply to $X in 2022. Overall, imports posted a notable increase. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, France (X kg) was the main supplier of hazelnut to Cameroon, with a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from France stood at X%.

In value terms, France ($X) constituted the largest supplier of hazelnuts to Cameroon.

From 2012 to 2022, the average annual rate of growth in terms of value from France amounted to X%.

Import Prices by Country

In 2022, the average hazelnut import price amounted to $X per ton, declining by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to X% per year.

Source: IndexBox Platform

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