Life-Jackets and Life-Belts Price in Cameroon - 2022

Contents:

  1. Life-Jackets and Life-Belts Price in Cameroon (CIF) - 2022
  2. Life-Jackets and Life-Belts Price in Cameroon (FOB) - 2022
  3. Life-Jackets and Life-Belts Imports in Cameroon
  4. Life-Jackets and Life-Belts Exports in Cameroon

Life-Jackets and Life-Belts Price in Cameroon (CIF) - 2022

The average life-jackets and life-belts import price stood at $11,983 per ton in 2022, with an increase of 34% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $15,309 per ton in 2014; however, from 2015 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 ($54,761 per ton), while the price for China ($6,526 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Life-Jackets and Life-Belts Price in Cameroon (FOB) - 2022

The average life-jackets and life-belts export price stood at $62,731 per ton in 2022, with an increase of 28% against the previous year. Over the period under review, the export price posted prominent growth. The pace of growth was the most pronounced in 2016 an increase of 141%. The export price peaked at $82,736 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

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 Thailand ($137,000 per ton), while the average price for exports to Angola ($6,400 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 Chad (+718.7%), while the prices for the other major destinations experienced mixed trend patterns.

Life-Jackets and Life-Belts Imports in Cameroon

In 2022, imports of life-jackets and life-beltses into Cameroon shrank to 14 tons, waning by -14.6% on 2021. Over the period under review, imports continue to indicate a sharp downturn.

In value terms, life-jackets and life-belts imports expanded notably to $171K in 2022. In general, imports saw a significant curtailment.

Import of Life-Jackets and Life-Belts in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1.10.80.318.6156.7%
France21629.510.616.3-57.7%
China49.515.313.214.3-33.9%
Spain0.412.711.75.9145.2%
Netherlands17.15.47.74.7-35.0%
United States20.39.83.83.4-44.9%
Italy7.23.90.12.4-30.7%
Israel228N/A16.9N/A-72.8%
Others59214984.7105-43.8%
Total1,133226149171-46.8%

Top Suppliers of Life-Jackets and Life-Belts to Cameroon in 2022:

  1. China (2.2 tons)
  2. United Arab Emirates (1.1 tons)
  3. France (0.3 tons)
  4. Netherlands (0.2 tons)
  5. Spain (0.2 tons)
  6. Italy (0.1 tons)
  7. United States (0.1 tons)

Life-Jackets and Life-Belts Exports in Cameroon

Life-jackets and life-belts exports from Cameroon plummeted to 67 kg in 2022, which is down by -18.3% against the previous year. Overall, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2021 when exports increased by 165%. As a result, the exports reached the peak of 82 kg, and then reduced remarkably in the following year.

In value terms, life-jackets and life-belts exports expanded modestly to $4.2K in 2022. In general, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 156% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Life-Jackets and Life-Belts in Cameroon (USD)
COUNTRY2019202020212022CAGR,
2019-2022
El SalvadorN/AN/AN/A2,0290%
France492144693455-2.6%
ThailandN/AN/AN/A4110%
Canada168183392152-3.3%
Gabon41.054.025510938.5%
Nigeria10181.014477.0-8.6%
Equatorial Guinea91.070.013169.0-8.8%
Congo58.042.061.040.0-11.6%
Angola6.08.031.032.074.7%
Central African Republic1,530670N/AN/A-56.2%
Others8153262,3258290.6%
Total3,3021,5784,0324,2038.4%

Top Export Markets for Life-Jackets and Life-Belts from Cameroon in 2022:

  1. El Salvador (15.0 kg)
  2. Gabon (6.0 kg)
  3. Angola (5.0 kg)
  4. Equatorial Guinea (5.0 kg)
  5. France (4.0 kg)
  6. Nigeria (4.0 kg)
  7. Thailand (3.0 kg)
  8. Canada (2.0 kg)
  9. Congo (2.0 kg)

Source: IndexBox Market Intelligence Platform

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