Cameroon: Market for Natural Rubber And Gums 2024

Market Size for Natural Rubber And Gums in Cameroon

The Cameroonian natural rubber and gum market rose notably to $X in 2022, increasing by X% against the previous year. Overall, consumption, however, continues to indicate a abrupt decline. Natural rubber and gum consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Natural Rubber And Gums in Cameroon

In value terms, natural rubber and gum production stood at $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X%. Natural rubber and gum production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The average yield of natural rubber and gums in Cameroon dropped modestly to X kg per ha in 2022, which is down by X% on the previous year. In general, the yield saw a pronounced contraction. The most prominent rate of growth was recorded in 2013 with a decrease of X%. Over the period under review, the average natural rubber and gum yield hit record highs at X kg per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of natural rubber and gums in Cameroon expanded markedly to X ha, picking up by X% against the previous year. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X%. The natural rubber and gum harvested area peaked in 2022 and is likely to continue growth in the immediate term.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Natural Rubber And Gums

Exports from Cameroon

Natural rubber and gum exports from Cameroon declined to X tons in 2022, falling by X% on the previous year. In general, exports, however, showed noticeable growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at X tons in 2021, and then shrank in the following year.

In value terms, natural rubber and gum exports reduced dramatically to $X in 2022. Overall, exports showed a noticeable setback. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for natural rubber and gum exports from Cameroon, accounting for a X% share of total exports. Moreover, natural rubber and gum exports to the United States exceeded the volume sent to the second major destination, Colombia (X tons), eightfold. The third position in this ranking was held by Mexico (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X.0% per year) and Mexico (X% per year).

In value terms, the United States ($X) remains the key foreign market for natural rubber and gums exports from Cameroon, comprising X% of total exports. The second position in the ranking was held by Colombia ($X), with a X% share of total exports. It was followed by Brazil, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X.8% per year) and Brazil (X% per year).

Export Prices by Country

In 2022, the average natural rubber and gum export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price continues to indicate a deep slump. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Mexico ($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 Germany (X%), while the prices for the other major destinations experienced a decline.

Imports of Natural Rubber And Gums

Imports into Cameroon

After three years of growth, supplies from abroad of natural rubber and gums decreased by X% to X tons in 2022. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, natural rubber and gum imports rose sharply to $X in 2022. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest natural rubber and gum supplier to Cameroon, accounting for a X% share of total imports. Moreover, natural rubber and gum imports from China exceeded the figures recorded by the second-largest supplier, Democratic Republic of the Congo (X tons), threefold. The United States (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Democratic Republic of the Congo (X% per year) and the United States (X% per year).

In value terms, China ($X) constituted the largest supplier of natural rubber and gums to Cameroon, comprising X% of total imports. The second position in the ranking was taken by Democratic Republic of the Congo ($X), with a X% share of total imports. 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 from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Democratic Republic of the Congo (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average natural rubber and gum import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, saw a perceptible downturn. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per ton) and China ($X per ton), while the price for Central African Republic ($X per ton) and Democratic Republic of the Congo ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :