Cameroon: Meat Market 2024

Meat Market Size in Cameroon

After two years of growth, the Cameroonian meat market decreased by X% to $X in 2022. In general, consumption continues to indicate a relatively flat trend pattern. Meat consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Meat Production in Cameroon

In value terms, meat production fell to $X in 2022 estimated in export price. Overall, production showed a abrupt descent. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Meat production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

The average yield of meat in Cameroon reached X kg per head in 2022, approximately equating the previous year's figure. In general, the yield, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the yield reached the peak level of X kg per head. From 2015 to 2022, the growth of the average meat yield remained at a lower figure.

In 2022, the number of animals slaughtered for meat production in Cameroon fell modestly to X heads, leveling off at 2021. Over the period under review, the number of producing animals, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the number of producing animals increased by X% against the previous year. Over the period under review, this number hit record highs at X heads in 2021, and then declined modestly in the following year.

Meat Exports

Exports from Cameroon

In 2022, approx. X tons of meat were exported from Cameroon; growing by X% against the previous year's figure. Over the period under review, exports saw a buoyant increase. The pace of growth appeared the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, meat exports expanded sharply to $X in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Central African Republic (X tons) was the main destination for meat exports from Cameroon, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Central African Republic totaled X%.

In value terms, Central African Republic ($X) also remains the key foreign market for meat exports from Cameroon.

From 2012 to 2022, the average annual growth rate of value to Central African Republic amounted to X%.

Export Prices by Country

In 2022, the average meat export price amounted to $X per ton, increasing by X% against the previous year. In general, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat export price decreased by X% against 2020 indices. The growth pace was the most rapid in 2014 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Central African Republic.

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

Meat Imports

Imports into Cameroon

In 2022, supplies from abroad of meat was finally on the rise to reach X tons after five years of decline. Over the period under review, imports, however, saw a significant decrease. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, meat imports shrank modestly to $X in 2022. In general, imports, however, showed a abrupt downturn. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

France (X tons), Chile (X tons) and India (X tons) were the main suppliers of meat imports to Cameroon, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, France ($X) constituted the largest supplier of meat to Cameroon, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by Chile, with an X% share.

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

Import Prices by Country

The average meat import price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the import price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2019 an increase of X%. The import price peaked at $X per ton in 2021, and then reduced dramatically in the following year.

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 New Zealand ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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