Cameroon’s wine and liquor imports soar to FCFA22 billion in 2023

Cameron spent FCFA22.3 billion on wine and liquor imports in 2023, marking a 14.3% increase from the previous year, as per the latest report by the National Institute of Statistics (INS). The report however highlights that the country purchased a total of 11,206 tons of wines and liquors over the period, down 853 tons compared to 2022’s 12,059 tons. INS reported that importations of liquors alone increased by FCFA3.3 billion, rising from FCFA7.3 billion in 2022 to FCFA10.6 billion in 2023, up more than 45%. Meanwhile, wine imports, which dominated in 2022, declined in both value and volume in 2023.…