Cameroon - Cranks And Crankshafts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCranks and Crankshafts Price in Cameroon - 2022
Contents:
- Cranks and Crankshafts Price in Cameroon (CIF) - 2022
- Cranks and Crankshafts Price in Cameroon (FOB) - 2022
- Cranks and Crankshafts Imports in Cameroon
- Cranks and Crankshafts Exports in Cameroon
Cranks and Crankshafts Price in Cameroon (CIF) - 2022
The average cranks and crankshafts import price stood at $3,416 per ton in 2022, dropping by -6.5% against the previous year. Over the period under review, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2015 an increase of 51% against the previous year. The import price peaked at $17,774 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($46,300 per ton), while the price for China ($2,482 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Cranks and Crankshafts Price in Cameroon (FOB) - 2022
In 2022, the average cranks and crankshafts export price amounted to $27,477 per ton, reducing by -11.9% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 83% against the previous year. As a result, the export price reached the peak level of $32,227 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Gabon ($86,376 per ton), while the average price for exports to Indonesia ($2,450 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 the United States (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Cranks and Crankshafts Imports in Cameroon
Cranks and crankshafts imports into Cameroon rose notably to 987 tons in 2022, with an increase of 9.2% compared with the previous year. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 161%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, cranks and crankshafts imports rose to $3.4M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.0% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 54% against the previous year. As a result, imports attained the peak of $3.4M; afterwards, it flattened through to 2022.
Import of Cranks and Crankshafts in Cameroon (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 988 | 2,242 | 2,077 | 2,255 | 31.7% |
Turkey | 54.6 | 38.9 | 56.5 | 79.8 | 13.5% |
United Arab Emirates | 50.2 | 59.1 | 34.3 | 75.0 | 14.3% |
Others | 1,144 | 1,100 | 1,134 | 961 | -5.6% |
Total | 2,236 | 3,440 | 3,302 | 3,371 | 14.7% |
Top Suppliers of Cranks and Crankshafts to Cameroon in 2022:
- China (908.8 tons)
- Turkey (16.9 tons)
- United Arab Emirates (16.1 tons)
Cranks and Crankshafts Exports in Cameroon
In 2022, after three years of growth, there was significant decline in shipments abroad of cranks and crankshafts, when their volume decreased by -17.5% to 2 tons. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 157% against the previous year.
In value terms, cranks and crankshafts exports declined sharply to $55K in 2022. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 169% against the previous year.
Export of Cranks and Crankshafts in Cameroon (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Gabon | 7.4 | 20.0 | 42.6 | 27.8 | 55.5% |
Central African Republic | N/A | N/A | 12.9 | 9.7 | -24.8% |
France | 1.7 | 6.5 | 8.1 | 6.7 | 58.0% |
United States | 1.1 | 3.2 | 7.4 | 5.5 | 71.0% |
United Kingdom | N/A | N/A | N/A | 1.5 | 0% |
Germany | 0.3 | 1.0 | 2.1 | 1.4 | 67.1% |
Indonesia | 0.4 | 0.9 | 1.5 | 0.8 | 26.0% |
Taiwan (Chinese) | N/A | 0.9 | N/A | N/A | 0% |
Others | 1.8 | 1.8 | 1.1 | 1.7 | -1.9% |
Total | 12.8 | 34.3 | 75.8 | 55.1 | 62.7% |
Top Export Markets for Cranks and Crankshafts from Cameroon in 2022:
- Indonesia (331.0 kg)
- Gabon (322.0 kg)
- United States (271.0 kg)
- United Kingdom (264.0 kg)
- France (254.0 kg)
- Central African Republic (250.0 kg)
- Germany (197.0 kg)
This report provides an in-depth analysis of the cranks and crankshafts market in Cameroon. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28152230 - Cranks and crankshafts
- Prodcom 28152250 - Cardan shafts
- Prodcom 28152270 - Other shafts
Country coverage:
- Cameroon
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Cameroon
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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