Not roasted and not cooked groundnuts market in Cameroon

Earlier Report Observations

The market volume for not roasted and not cooked groundnuts in Cameroon grew from 664 thousand tonnes in 2018 to 801 thousand tonnes in 2020. This expansion coincided with significant peanut price increases, linked to higher demand during Ramadan and elevated transport costs from the main production region in the North, while informal trade continued to dominate the sector.

A sharp contraction followed in 2021, with the market volume dropping to 518 thousand tonnes. A gradual recovery then brought it to 540 thousand tonnes by 2023. In the latter year, climatic factors and the persistence of archaic production methods among farmers limited more robust growth, despite sustained consumer demand and high prices for popular varieties like 'Garoua'.

Production not roasted and not cooked groundnuts in Cameroon

In kind, 2017-2020, K t

Between 2017 and 2020, Cameroon ranked as the world's 12th largest producer of not roasted and not cooked groundnuts.

Top producers of not roasted and not cooked groundnuts, 2017-2020

World map of production of not roasted and not cooked groundnuts, 2017-2020

Cameroon's production of not roasted and not cooked groundnuts grew for the third consecutive year. In 2020, the country produced 801.6 K t, representing a solid year-on-year increase of 10.4%. From 2017 to 2020, production rose by 34.5%, which translates to an annualized growth rate of 10.4%.

Annual dynamics of production in Cameroon in kind, 2017-2020, K t

Exports not roasted and not cooked groundnuts from Cameroon

Exports in kind, t

Market performance showed noticeable fluctuations during this period. Import levels varied significantly, with a 6.6-fold difference between the peak in 2017 and the low in 2018. In 2020, exports of not roasted and not cooked groundnuts from Cameroon totaled 618 t, marking a sharp decline of 41.5% compared to the previous year. The lowest volume was recorded in 2018 at 334 t. The largest decline occurred in 2018, at 84.9%, while the largest increase was in 2019, at 216.1%.

Annual dynamics of product's exports from Cameroon in kind, 2017-2020, t

From 2017 to 2020, two key markets—Vietnam and Nigeria—together accounted for 84.5% of total exports in kind, with the remainder distributed among a wide range of other countries.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Cameroon in kind, 2017-2020

Exports in value, K $ US

Market performance exhibited noticeable fluctuations during this period. The span from 2017 to 2018 saw a peak-to-trough amplitude of 5.6 times. In 2020, Cameroon's exports of not roasted and not cooked groundnuts amounted to 253 K $ US, representing a sharp decline of 61.5% compared to 2019. The minimum value was recorded in 2018 at 247 K $ US. The largest decline occurred in 2018, at 82.1%, while the largest increase was in 2019, at 165.6%.

Annual dynamics of product's exports from Cameroon in value, 2017-2020, K $ US

Between 2017 and 2020, Nigeria and Vietnam were the dominant buyers of not roasted and not cooked groundnuts from Cameroon, together accounting for 88.8% of total exports in value terms, with other destinations each holding relatively small shares.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Cameroon in value, 2017-2020

Imports not roasted and not cooked groundnuts to Cameroon

Imports in kind, t

In 2020, imports of not roasted and not cooked groundnuts into Cameroon stood at 104 t, showing little change from 2019. From 2018 to 2020, imports surged by 42 875.2%, with a compound annual growth rate (CAGR) of 654.6%.

Annual dynamics of product's imports to Cameroon in kind, 2017-2020, t

Between 2017 and 2020, imports in kind of not roasted and not cooked groundnuts to Cameroon were highly concentrated, with Chad accounting for 95.9% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Cameroon in kind, 2017-2020

Imports in value, K $ US

In 2020, imports of not roasted and not cooked groundnuts into Cameroon totaled 5 K $ US, remaining relatively stable compared to 2019. From 2018 to 2020, imports increased by 1 903.1%, equating to an annualized rate of 171.6%.

Annual dynamics of product's imports to Cameroon in value, 2017-2020, K $ US

From 2017 to 2020, Chad held the dominant position in imports in value terms, accounting for 82.5% of total flows, while the remaining share was distributed among various smaller destinations.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Cameroon in value, 2017-2020