Cameroon: Potato Market 2024

Potato Market Size in Cameroon

The Cameroonian potato market stood at $X in 2023, therefore, remained relatively stable against the previous year. In general, the total consumption indicated strong growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Over the period under review, the market reached the peak level at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Potato Production in Cameroon

In value terms, potato production totaled $X in 2023 estimated in export price. In general, production, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Potato production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

In 2023, the average potato yield in Cameroon reduced slightly to X tons per ha, which is down by X% compared with the previous year. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the yield increased by X%. The potato yield peaked at X tons per ha in 2015; however, from 2016 to 2023, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the harvested area of potatoes in Cameroon contracted to X ha, waning by X% against 2022. Overall, the harvested area, however, saw a perceptible expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The potato harvested area peaked at X ha in 2017; however, from 2018 to 2023, the harvested area remained at a lower figure.

Potato Exports

Exports from Cameroon

In 2023, exports of potatoes from Cameroon rose modestly to X tons, growing by X% against 2022 figures. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2014 when exports increased by X%. The exports peaked at X tons in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

In value terms, potato exports expanded significantly to $X in 2023. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports failed to regain momentum.

Exports by Country

Equatorial Guinea (X tons) and Gabon (X tons) were the main destinations of potato exports from Cameroon.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Gabon (with a CAGR of X%).

In value terms, Equatorial Guinea ($X) and Gabon ($X) were the largest markets for potato exported from Cameroon worldwide.

Gabon, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2023, the average potato export price amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price, however, enjoyed prominent growth. The growth pace was the most rapid in 2022 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then contracted significantly in the following year.

Average prices varied noticeably for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Gabon ($X per ton), while the average price for exports to Equatorial Guinea totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Gabon (X%).

Potato Imports

Imports into Cameroon

In 2023, approx. X tons of potatoes were imported into Cameroon; reducing by X% on the previous year's figure. Overall, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2022, and then declined notably in the following year.

In value terms, potato imports declined sharply to $X in 2023. In general, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at $X in 2015; however, from 2016 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, the Netherlands (X tons) was the main supplier of potato to Cameroon, with a X% share of total imports. Moreover, potato imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Belgium (X tons), more than tenfold.

From 2012 to 2023, the average annual rate of growth in terms of volume from the Netherlands amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Italy (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of potatoes to Cameroon, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Italy (X% per year).

Import Prices by Country

In 2023, the average potato import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform