New market study, "Cameroon Agribusiness Report Q4 2014", has been published

The news that a large-scale investment project in Cameroon's sugar industry has foundered in obscure circumstances is a reminder of the challenging business climate in the country. We now take a less o ptimistic view of the sugar segment as this situation is likely to make future foreign direct investors think twice before committing to similar projects. Once again we have revised down our forecasts for cocoa as latest reports suggest exports may have fallen by as much as around 20% year-on-year. Nevertheless, we maintain our positive outlook for the future of the industry providing the government maintains its efforts to improve infrastructure and inputs. The prospects for the 2014/15 corn harvest are good , although we expect that consumption will soon begin to outpace increases in output.

Key Forecasts

* Corn consumption growth to 2018: 42.4% to 2.2mn tonnes. Rising incomes and a growing population will see increased demand for the staple grain.
* Cocoa production growth to 2017/18: 28.1% to 281,000 tonnes. Higher prices and increased government and private investment will drive the sector forwards, although growth will be set back slightly by this year's poor harvest.
* BMI universe agribusiness market value growth: -1.9% to USD1.21bn in 2014 (down from USD1.23bn in 2013; forecast to grow by an annual average rate of 7.6% to 2018).
* 2014 real GDP growth: 5.1% (up from an estimated 4.9% in 2013; forecast to grow by an annual average rate of 5.1% between 2014 and 2018).
* 2014 consumer price inflation: 2.6% year-on-year (2.5% in 2013; forecast to average 2.5% between 2014 and 2018).

Full Report Details at
- http://www.fastmr.com/prod/888024_cameroon_agribusiness_report_q4_2014.aspx?afid=301

Industry Developments

A joint Indian-Cameroonian venture to create a new sugar operation in Cameroon looks to have foundered as government officials announced in August that the tender had been withdrawn. Citing irregularities within the memorandum of understanding and the development of the...

The Cameroon Agribusiness Report features Business Monitor International (BMI)'s market assessment and independent forecasts for production, consumption and trade across core agricultural commodities.

BMI's Cameroon Agribusiness Report includes independent commodity price forecasting and analysis for key agricultural outputs, an overview of the agribusiness competitive landscape and a discussion of the downstream context of agricultural production in relation to country food consumption forecasts and composite food and beverage trade forecasts.

Key Benefits

* Use BMI's independent industry forecasts to test other views - a key input for successful planning in dynamic agribusiness markets.
* Apply BMI's medium-term commodity price analysis to assist with budgetary planning and the identification of investment opportunities and potential risks.
* Assess the activities and market position of your competitors, partners and clients.

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