Nitrites; Nitrates Price in Cameroon - 2022
Contents:
Nitrites; Nitrates Price in Cameroon (CIF) - 2022
The average nitrites; nitrates import price stood at $770 per ton in 2022, which is down by -8.2% against the previous year. Overall, the import price saw a pronounced curtailment. The pace of growth appeared the most rapid in 2014 when the average import price increased by 30%. Over the period under review, average import prices reached the maximum at $1,046 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($1,898 per ton), while the price for the Netherlands ($652 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Nitrites; Nitrates Imports in Cameroon
In 2022, nitrites; nitrates imports into Cameroon rose modestly to 86 tons, growing by 4.7% compared with the year before. Over the period under review, imports, however, saw a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 15%.
In value terms, nitrites; nitrates imports dropped slightly to $66K in 2022. Overall, imports, however, saw a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 8.3%.
| Import of Nitrites; Nitrates in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 21.3 | 19.5 | 31.2 | 24.9 | 5.3% |
| China | 25.9 | 16.4 | 27.9 | 18.0 | -11.4% |
| France | 5.1 | 2.7 | 2.4 | 1.3 | -36.6% |
| Chile | 2.6 | 1.7 | 1.8 | 1.1 | -24.9% |
| Others | 100 | 23.1 | 5.5 | 20.8 | -40.8% |
| Total | 155 | 63.4 | 68.7 | 66.1 | -24.7% |
Top Suppliers of Nitrites; Nitrates to Cameroon in 2022:
- Netherlands (38.2 tons)
- China (23.2 tons)
- France (0.7 tons)
- Chile (0.6 tons)
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