Cameroon - Agribusiness

7/27/2019 Cameroon - Agribusiness

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Cameroon

AgribusinessCountry-Sector Fact Sheet

1. Sector OverviewIn agriculture, agribusiness is a generic term for the various businesses involved in food production, including farming and

contract farming, seed supply, agrichemicals, farm machinery, wholesale and distribution, processing, marketing, and retail sales.

The agro processing industry is broadly categorised in the following types: village industries owned and run by rural households

with very little capital investment and a high level of manual labour (products include pickles and jams); small scale industry

characterised by medium investment and semi-automation (products include edible oil and rice mills); and large scale industry

involving large investment and a high level of automation (products include sugar, jute and cotton mills).

2. Cameroons Agribusiness SectorCameroons most important cash crops are cocoa, coffee, cotton, bananas, rubber, palm oil and kernels, and peanuts. The main

food crops are plantains, cassava, corn, millet, and sugarcane. Cameroon is the 6th largest producer of cocoa in the world. Corn

is Cameroons most significant grain crop and a major food staple in the country. Business Monitor International (BMI) forecasts

production for corn output to increase by 45.2% over the five years to 2015/16 to just under 1.7 million tonnes.

The figure below shows Cameroons agribusiness market for the period 2008 to 2017. Cameroons agribusiness sector is

projected to increase from ZAR6.3bn in 2008 to ZAR10.4bn in 2017. The growth in Cameroons agribusiness sector is

expected to decrease from 13% in 2008 to 4.2% in 2017 with the growth rate stabilising from 2013.

Source: BMI, 2012

2008 2009 2010 2011 2012e 2013f 2014f 2015f 2016f 2017f

USDm 6,324.0 5,877.0 6,965.3 9,198.3 8,313.8 8,634.7 9,132.4 9,555.1 9,977.9 10,398.9

Growth 12.77% -7.07% 18.52% 32.06% -9.62% 3.86% 5.76% 4.63% 4.42% 4.22%

-15%

-10%

-5%

0%

5%

10%

15%

20%

25%

30%

35%

0

2,000

4,000

6,000

8,000

10,000

12,000

%Growhu

UDm)

CAMEROON AGRIBUSINESS MARKET, 2008-2017


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The figure below shows Cameroons production of selected processed crops for 2010. Beer of barley represents the largest

produced product at 370,000 tons followed by cotton seed and raw sugar (centrifugal) at 124,700 tons and 116,000 tons

respectively.

Source: BMI, 2012

3. Trade3.1 Cameroons Global Trade of Agribusiness ProductsThe figure below shows Cameroons global trade of agribusiness products for the period 2002 to 2011. Cameroons exports of

agribusiness products increased from ZAR7.2bn in 2002 to ZAR12.1bn in 2011, while imports were valued at ZAR2.5bn in

2002 increasing to ZAR5.3bn in 2011.

Cameroons exported agribusiness products valued at ZAR12.1bn in 2011 compared to ZAR10.1bn in 2010, increasing by

19.8%, while imports were valued at ZAR5.3bn in 2011 compared to ZAR4.4bn in 2010 increasing by 20.5%.

Source: TradeMap, 2012

The table below shows Cameroons destination markets for agribusiness products for 2011. The Netherlands was the leading

export market for agribusiness products from Cameroon in 2011, valued at ZAR3.1bn. China and France were ranked second

and third, valued at ZAR1.9bn and ZAR1.1bn respectively. Other top export markets were Belgium (ZAR967m), Italy

(ZAR861m) and Germany (ZAR672m).

Beer ofBarley

CottonseedSugar RawCentrifugal

Palm oilPalm

kernelsCotton lint

Palm kerneloil

MolassesGroundnut

oilCottonseed

oil

Tons 370,000 124,700 116,000 111,440 90,000 62,000 37,800 33,250 17,300 12,300

0

50,000

100,000

150,000

200,000

250,000

300,000

350,000

400,000

VuT

CAMEROON PRODUCTION OF SELECTED PROCESSED CROPS, 2010

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011

Exports (ZARbn) 7.2 6.3 6.4 5.8 6.7 7.3 10.2 9.9 10.1 12.1

Imports (ZARbn) 2.5 1.9 1.9 2.2 2.7 3.3 5.7 5.5 4.4 5.3

Trade balance 4.7 4.3 4.5 3.5 3.9 3.9 4.5 4.4 5.6 6.8

0

2

4

6

8

10

12

14

VuZ

CAMEROON GLOBAL TRADE OF AGRIBUSINESS PRODUCTS, 2002-2011


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CAMEROONS EXPORTS OF AGRIBUSINESS PRODUCTS, 2011RANK DESTINATION MARKETS VALUE2011(ZARm)

%GROWTH2010-2011%SHARE

1 Netherlands 3 089 -19.18% 25.45%

2 China 1 920 9.05% 15.82%

3 France 1 106 20.92% 9.11%

4 Belgium 967 102.38% 7.97%

5 Italy 861 8.10% 7.09%

6 Germany 672 42.02% 5.54%

7 United States 586 45.51% 4.83%

8 Spain 515 -0.70% 4.24%

9 Malaysia 423 25.68% 3.49%

10 Turkey 331 14.27% 2.73%

TOTAL EXPORTS 12 141 1.85% 100%Source: TradeMap, 2012

The table below shows Cameroons source markets for agribusiness products for 2011. France was the leading source market for

agribusiness products to Cameroon valued at ZAR1.3bn, followed by Thailand and Brazil valued at ZAR748m and ZAR489m

respectively. Other top import markets were China (ZAR488m); India (ZAR214m) and Senegal (ZAR201m).

CAMEROONS IMPORTS OF AGRIBUSINESS PRODUCTS SECTOR, 2011RANK SOURCE MARKETS VALUE2011(ZARm)

%GROWTH2010-2011%SHARE

1 France 1 266 24.21% 23.75%

2 Thailand 748 -1.42% 14.03%

3 Brazil 489 90.98% 9.18%

4 China 488 54.95% 9.16%

5 India 214 290.84% 4.02%

6 Senegal 201 134.41% 3.77%

7 Pakistan 169 36.24% 3.18%

8 Malaysia 159 -10.75% 2.98%

9 Indonesia 150 30.88% 2.81%

10 South Africa 148 4.65% 2.78%

TOTAL IMPORTS 5 328 18.43% 100%Source: TradeMap, 2012

The table below shows Cameroons trade of agribusiness products for 2011. The leading export product was cocoa beans valued at

ZAR4.0bn followed by wood sawn/chipped lengthwise valued at ZAR3.2bn. Wheat and meslin was the leading import product, valued atZAR944m followed by rice valued at ZAR904m.


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CAMEROONS GLOBAL EXPORTS OF AGRIBUSINESS PRODUCTS, 2011 CAMEROONS GLOBAL IMPORTS OF AGRIBUSINESS PRODUCTS, 2011RANK HSCODE PRODUCT

VALUE2011(ZARm)%GROWTH2010-2011 RANK

HSCODE PRODUCTVALUE2011(ZARm)

%GROWTH2010-20111 1801

Cocoa beans, whole or broken,raw or roasted

3 982.1 -10.57% 1 1001 Wheat and meslin 943.5 4.52%

2 4407Wood sawn/chipped lengthwise,

sliced/peeled3 227.4 77.54% 2 1006 Rice 903.9 -36.72%

3 4403 Wood in the rough 1 550.5 47.34% 3 1701Cane or beet sugar andchemically pure sucrose, in solidform

599.7 65.34%

4 5201 Cotton, not carded or combed 958.0 61.65% 4 5208Woven cotton fabrics, 85% ormore cotton, weight less than200 g/m2

255.5 886.58%

5 0901 Coffee 851.4 74.75% 5 1511 Palm oil & its fraction 229.9 23.20%

6 1803Cocoa paste, whether or notdefatted

489.0 67.00% 6 1901Malt extract; food preparationsof flour, meal, starch or maltextract

207.7 30.13%

7 4408Veneer sheets & sheets forplywood &other wood sawnlengthwise

364.0 160.91% 7 2106 Food preparations 155.8 -10.73%

8 1804 Cocoa butter, fat and oil 305.7 1.82% 8 2207

Ethyl alcohol & other spirits (if

undenatured then higher than80%) 142.2 65.38%

9 2005Prepared or preserved vegetables(excl. frozen)

64.2 145.71% 9 2204 Wine of fresh grapes 142.0 105.03%

10 4409Wood continuously shaped alongany edges

42.7 444.44% 10 2402Cigars, cheroots, cigarillos &cigarettes

137.1 -23.95%

TOTAL EXPORTS 12 140.5 22.90% TOTAL IMPORTS 5324.0 19.80%Source: TradeMap, 2012

3.2 South African Trade of Agribusiness Products with CameroonThe figure below shows South Africas trade of agribusiness products with Cameroon for the period 2002 to 2011. South

Africa exports of agribusiness products were valued at ZAR20.1m in 2002 increasing to ZAR150m in 2011. South Africa

imported agribusiness products from Cameroon valued at ZAR150m in 2011 compared to ZAR142m in 2010, representing an

increase of 5.6%.

Source: Quantec, 2012

The table below shows South Africas trade ofagribusiness products with Cameroon in 2011. The leading export product was

cigars, cigarettes valued at ZAR133m, followed by liqueur, spirits and undenatured ethyl alcohol


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34.46%

77.82%

79.49%

-77.05%

30.11%

10.50%

-97.59%

32.97%

49.96%

16.62%

-32.00%

44.45%

1.43%

-19.34%

-150% -100% -50% 0% 50% 100%

H2402: Cigars, cigarettes etc,tobacco or tobacco substitute

H2208: Liqueur, spirits andundenatured ethyl alcohol 80%, or denatured

H2009: Fruit and vegetable juices,not fermented or spirited

H2106: Food preparations, nes

H1005: Maize (corn)

GROWTH PERFORMANCE OF SOUTH AFRICANEXPORTS OF AGRIBUSINESS PRODUCTS FROMCAMEROON, 2007-2011

2007-2011 2010-2011

-7.36%

-46.49%

40.23%

-52.87%

-52.78%

36.41%

-45.09%

-12.97%

-5.37%

55.33%

33.05%

247.33%

-39.12%

-22.25%

-15.58%

-100% -50% 0% 50% 100% 150% 200% 250% 300%

H4407: Wood sawn, chippedlengthwise, sliced or peeled

H4408: Veneers and sheets forplywood etc


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3.3 Western Cape Trade of Agribusiness Products with CameroonThe figure below shows Western Capes exports of agribusiness products with Cameroon for the period 2002 to 2011.

Western Capes exports of agribusiness products valued at ZAR2.9m in 2002 increasing to ZAR142m in 2011. Western

Capes exported agribusiness products to Cameroon valued at ZAR8.2m in 2011 compared decreasing to ZAR1.7m.

Source: Quantec, 2012

The table below shows the Western Capes exports agribusiness products to Cameroon for the period 2011. The leading

export product in 2011 was cigars, cigarettes, tobacco or tobacco valued at ZAR133m, followed by liqueur, spirits and

undenatured ethyl alcohol and grape wines valued at ZAR3.1m and ZAR2.2m respectively. Wood sawn, chipped lengthwise,

sliced or peeled was the leading import product from Cameroon to the Western Cape valued at ZAR1.6m followed by coffee,

coffee husks and skins and coffee.

WESTERN CAPE EXPORTS OF AGRIBUSINESS PRODUCTS TOCAMEROON, 2011 WESTERN CAPE IMPORTS OF AGRIBUSINESS PRODUCTS FROMCAMEROON, 2011RANK PRODUCT VALUE2011(ZAR) RANK PRODUCT

VALUE2011(ZAR)1

H2402: Cigars, cigarettes tobacco or tobaccosubstitute

133 250 281 14407: Wood sawn, chipped lengthwise, sliced orpeeled

1 554 014

22208: Liqueur, spirits and undenatured ethyl alcohol


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34.46%

77.82%

79.83%

34.95%

-82.21%

32.97%

50.12%

24.14%

103.88%

-100% -50% 0% 50% 100% 150%

H2402: Cigars, cigarettes etc, tobacco

or tobacco substitute

H2208: Liqueur, spirits andundenatured ethyl alcohol

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Cameroon - Agribusiness