Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Cameroon - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Cameroon (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Cameroon (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Cameroon
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Cameroon
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Cameroon (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; formic acids amounted to $725 per ton, which is down by -11.5% against the previous year. Overall, the import price showed a pronounced setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 40%. The import price peaked at $1,401 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($92,200 per ton), while the price for China ($585 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+50.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Cameroon (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; formic acids stood at $364 per ton in 2021, with an increase of 20% against the previous year. In general, the export price, however, saw a abrupt descent. The export price peaked at $1,053 per ton in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Malaysia.
From 2015 to 2021, the rate of growth in terms of prices for Malaysia amounted to +20.1% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Cameroon
Imports of acids; saturated acyclic monocarboxylic acids; formic acids into Cameroon shrank to 136 tons in 2022, declining by -9.9% on 2021 figures. In general, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 106%.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; formic acids declined sharply to $99K in 2022. Overall, imports showed a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 262 | 51.6 | 49.3 | 41.8 | -45.8% |
| Netherlands | 15.1 | 18.3 | 22.8 | 16.7 | 3.4% |
| Others | 12.9 | 33.1 | 51.8 | 40.4 | 46.3% |
| Total | 290 | 103 | 124 | 98.9 | -30.1% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid to Cameroon in 2022:
- China (71.4 tons)
- Netherlands (9.5 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Cameroon
In 2021, exports of acids; saturated acyclic monocarboxylic acids; formic acids from Cameroon reduced rapidly to 40 tons, declining by -23.4% against 2020 figures. Over the period under review, exports recorded a dramatic shrinkage.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; formic acids reduced to $15K in 2021. Overall, exports showed a deep contraction.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid in Cameroon (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 |
| Malaysia | 15.8 | 14.4 | -8.9% |
| Others | N/A | 0.1 | 0% |
| Total | 15.8 | 14.5 | -8.2% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Formic Acid from Cameroon in 2022:
- Malaysia (39.6 tons)
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