Key Market Indicators
Cameroonian Alcoholic Drink Consumption is forecasted to reach approximately 34,000 metric tons by 2028, up from 26,000 metric tons in 2023. This marks an average annual growth rate of 4%. Since 2021, demand for alcoholic beverages in Cameroon has risen by 6.5% annually. The country ranked 49th globally in terms of consumption in 2023, with Greece slightly ahead at 26,000 metric tons. Leading the global ranking were India, Japan, and Russia, occupying the second, third, and fourth positions respectively. On the export front, Cameroonian Alcoholic Drink Exports are projected to decline to around $5.4 million by 2028, down from nearly $7 million in 2023. This represents a compound annual growth rate (CAGR) of -4.1%. Historically, since 2000, the nation's alcoholic drink exports have decreased by 4% per year on average.
