What is the price of groundnuts (peanuts) per kilogram/pound in Cameroon today?
The retail price range for Cameroon groundnuts (peanuts) is between US$ 2.88 and US$ 4.81 per kilogram or between US$ 1.31 and US$ 2.18 per pound(lb). Click here to see today's exact prices of groundnuts (peanuts) in Cameroon
The retail price range in CFA Franc BEAC for groundnuts (peanuts) is between XAF 1,802.44 and XAF 3,004.06 per kilogram or between XAF 817.43 and XAF 1,362.39 per pound(lb) in Yaoundé and Douala.
Wholesale prices
In 2024, the approximate wholesale price range for Cameroon groundnuts (peanuts) is between US$ 2.02 and US$ 3.36 per kilogram or between US$ 0.92 and US$ 1.53 per pound(lb).
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Cameroon Groundnuts (peanuts) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Groundnuts (Peanuts) from Cameroon over the last five years has been quite varied. In 2017, the price was 0.62 US $ per kg, which was the highest in the period. This was followed by a decrease to 0.39 US $ per kg in 2020, the lowest in the period. The price then increased to 0.43 US $ per kg in 2021. Overall, the export price per kilogram of Groundnuts (Peanuts) from Cameroon has been fluctuating over the last five years. Based on the data, it is predicted that the export price per kilogram of Groundnuts (Peanuts) from Cameroon will be 0.45 US $ per kg in 2023 and 0.48 US $ per kg in 2024.The exports of groundnuts (peanuts) from Cameroon are classified as:
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
- Groundnut seed, for sowing (HS code 120230)
Cameroon Groundnuts (peanuts) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Groundnuts (Peanuts) into Cameroon over the last five years has been quite volatile. In 2016, the price was 0.86 US $ per kg, which was the highest in the period. This was followed by a sharp decline in 2017 to 0.62 US $ per kg. In 2018, the price rose to 0.74 US $ per kg, before dropping again to 0.62 US $ per kg in 2019. The price then decreased further to 0.39 US $ per kg in 2020, before rising to 0.43 US $ per kg in 2021. Based on this trend, it is likely that the import price per kilogram of Groundnuts (Peanuts) into Cameroon in 2023 will be around 0.45 US $ per kg, and in 2024 it will be around 0.48 US $ per kg.Export values for Cameroon groundnuts (peanuts)
The total values in export for groundnuts (peanuts) in Cameroon were US$ 623, US$ 1,382, US$ 476 and US$ 674 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Cameroon: Coconuts, Brazil Nuts, Cashew Nuts, Almonds, Hazelnut, Walnuts, Chestnuts, Pistachios, Macadamia Nuts & Kola Nuts.
See prices of groundnuts (peanuts) in other countries across Africa: Algeria groundnuts (peanuts), Angola groundnuts (peanuts), Botswana groundnuts (peanuts), Burundi groundnuts (peanuts), Cameroon groundnuts (peanuts), Cape Verde groundnuts (peanuts), Central African Republic groundnuts (peanuts), Comoros groundnuts (peanuts), DRC Congo groundnuts (peanuts) & Benin groundnuts (peanuts).
Cameroon groundnuts (peanuts) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Cameroon exported 896 tonnes of groundnuts (peanuts). For the year 2019 alone, the interest in Cameroon groundnuts (peanuts) (nuts category) has reduced, flactuating by -36.228 % compared to the year 2018. Between 2017 and 2019, groundnuts (peanuts)'s exports went down by -59.53 pc earning Cameroon US$0.67m for the year 2019. Cameroon's groundnuts (peanuts) exports are classified as:
- Groundnuts, in shell (excluding seed for sowing, roasted or otherwise cooked) (HS code 120241)
- Groundnuts in shell, not roasted or otherwise cooked (HS code 120210)
- Shelled groundnuts, whether or not broken (excluding roasted or otherwise cooked) (HS code 120220)
- Groundnuts, shelled, whether or not broken (excluding seed for sowing, roasted or otherwise cooked) (HS code 120242)
- Groundnut seed, for sowing (HS code 120230)
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Cameroon groundnuts (peanuts) export values
In 2019, Cameroon supplied groundnuts (peanuts) costing 0.67m USD, an increment of 40.76% from 2018's total groundnuts (peanuts) export of 0.476m USD. The annual growth in value of Cameroon groundnuts (peanuts) between 2017 to 2018 was -65.557 per cent.
The annual variation in the quantity of Cameroon's groundnuts (peanuts) exports between 2017 and 2019 was -59.53 percent in comparison to a variation of -36.228% in the period between 2018 and 2019.
Export markets for Cameroon groundnuts (peanuts) ( in '000$ )
Cameroon's leading destinations for groundnuts (peanuts) are DRC Congo, Belgium, Sao Tome and Principe, Canada and US.
Cameroon bought 0 tonnes of groundnuts (peanuts) in 2019.