Cameroon: Electrical Signalling Apparatus Market 2024

Electrical Signalling Apparatus Market Size in Cameroon

The Cameroonian electrical signalling apparatus market fell slightly to $X in 2023, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, posted a pronounced increase. As a result, consumption attained the peak level of $X. From 2018 to 2023, the growth of the market failed to regain momentum.

Electrical Signalling Apparatus Exports

Exports from Cameroon

In 2023, shipments abroad of electrical apparatus for sound or visual signalling was finally on the rise to reach X units for the first time since 2020, thus ending a two-year declining trend. Over the period under review, exports, however, saw a significant decrease. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, electrical signalling apparatus exports surged to $X in 2023. Overall, exports, however, recorded a deep downturn. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

Exports by Country

Sweden (X units) was the main destination for electrical signalling apparatus exports from Cameroon, accounting for a X% share of total exports. Moreover, electrical signalling apparatus exports to Sweden exceeded the volume sent to the second major destination, the Netherlands (X units), sixfold.

From 2012 to 2023, the average annual rate of growth in terms of volume to Sweden was relatively modest.

In value terms, Sweden ($X) emerged as the key foreign market for electrical apparatus for sound or visual signalling exports from Cameroon, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to Sweden was relatively modest.

Export Prices by Country

In 2023, the average electrical signalling apparatus export price amounted to $X per unit, reducing by X% against the previous year. In general, the export price, however, saw a strong increase. The pace of growth was the most pronounced in 2016 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2023, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to the Netherlands stood at $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (X%), while the prices for the other major destinations experienced more modest paces of growth.

Electrical Signalling Apparatus Imports

Imports into Cameroon

Electrical signalling apparatus imports into Cameroon contracted to X units in 2023, reducing by X% against 2022. Overall, imports, however, recorded measured growth. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at X units in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

In value terms, electrical signalling apparatus imports reached $X in 2023. In general, imports, however, showed a tangible expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2023, imports failed to regain momentum.

Imports by Country

China (X units), Italy (X units) and Morocco (X units) were the main suppliers of electrical signalling apparatus imports to Cameroon, together comprising X% of total imports. Spain, France, the United Arab Emirates, the United States and the Netherlands lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of electrical apparatus for sound or visual signalling to Cameroon, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Italy totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and France (X% per year).

Import Prices by Country

The average electrical signalling apparatus import price stood at $X per unit in 2023, rising by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Morocco ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform