Coin Price in Cameroon - 2022

Contents:

1. Coin Price in Cameroon (CIF) - 2022
2. Coin Price in Cameroon (FOB) - 2022
3. Coin Imports in Cameroon
4. Coin Exports in Cameroon

Coin Price in Cameroon (CIF) - 2022

In 2022, the average coin import price amounted to $355,897 per ton, waning by -38.4% against the previous year. Overall, the import price faced a abrupt decline. The growth pace was the most rapid in 2021 when the average import price decreased by -0.8%. Over the period under review, average import prices reached the maximum at $844,776 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($567,200 per ton), while the price for Central African Republic ($115,846 per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was attained by France (-9.5%).

Coin Price in Cameroon (FOB) - 2022

In 2022, the average coin export price amounted to $460,900 per ton, growing by 15% against the previous year. In general, the export price posted a prominent expansion. The growth pace was the most rapid in 2017 an increase of 157% against the previous year. The export price peaked at $859,821 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($1,023,000 per ton), while the average price for exports to Taiwan (Chinese) ($107,500 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+17.8%), while the prices for the other major destinations experienced mixed trend patterns.

Coin Imports in Cameroon

In 2022, overseas purchases of coins decreased by -97.5% to 29 kg, falling for the second year in a row after two years of growth. In general, imports continue to indicate a significant decline. The growth pace was the most rapid in 2020 when imports increased by 18% against the previous year. As a result, imports attained the peak of 2.3 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, coin imports fell remarkably to $10K in 2022. Overall, imports saw a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of less than 0.1%. As a result, imports attained the peak of $1.3M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Coin to Cameroon in 2022:

1. France (15.0 kg)
2. Central African Republic (13.0 kg)
3. China (1.0 kg)

Coin Exports in Cameroon

In 2022, shipments abroad of coins decreased by -50% to 10 kg, falling for the second year in a row after two years of growth. In general, exports faced a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of 32%. As a result, the exports attained the peak of 37 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, coin exports declined remarkably to $4.6K in 2022. Over the period under review, exports faced a sharp curtailment. The smallest decline of -3.6% was in 2020.

Top Export Markets for Coin from Cameroon in 2022:

1. Estonia (6.0 kg)
2. Taiwan (Chinese) (2.0 kg)
3. China (1.0 kg)
4. Czech Republic (1.0 kg)

Source: IndexBox Market Intelligence Platform