Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Cameroon - 2022

Contents:

  1. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Cameroon (CIF) - 2022
  2. Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Cameroon (FOB) - 2022
  3. Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Cameroon
  4. Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Cameroon

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Cameroon (CIF) - 2022

In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $4,276 per ton, surging by 35% against the previous year. In general, the import price, however, showed a pronounced decrease. Over the period under review, average import prices attained the maximum at $5,216 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 France ($8,357 per ton), while the price for the United Arab Emirates ($303 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+17.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Cameroon (FOB) - 2022

The average export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms stood at $2,947 per ton in 2022, dropping by -3.8% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms decreased by -17.8% against 2017 indices. The growth pace was the most rapid in 2013 an increase of 58%. The export price peaked at $3,585 per ton in 2017; however, from 2018 to 2022, 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 France.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +2.0% per year.

Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Cameroon

In 2022, after three years of growth, there was significant decline in purchases abroad of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms, when their volume decreased by -24.2% to 23 tons. Over the period under review, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 239% against the previous year.

In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms expanded slightly to $98K in 2022. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 241% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands15.07.635.537.635.8%
France2.21.614.428.7135.4%
Spain4.14.922.724.381.0%
China0.62.84.06.7123.5%
United Arab Emirates0.10.10.20.226.0%
PolandN/AN/A15.4N/A0%
TunisiaN/A57.5N/AN/A0%
OthersN/A0.62.9N/A383.3%
Total22.175.295.297.664.1%

Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Cameroon in 2022:

  1. Netherlands (10.0 tons)
  2. Spain (4.4 tons)
  3. China (4.2 tons)
  4. France (3.4 tons)
  5. United Arab Emirates (0.8 tons)

Exports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Cameroon

In 2022, approx. 14 tons of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms were exported from Cameroon; approximately equating 2021. The total export volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 1.4% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms declined modestly to $41K in 2022. In general, exports, however, recorded a noticeable decline. The smallest decline of -2.5% was in 2020.

Export of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France44.042.941.840.8-2.5%
OthersN/AN/AN/AN/A0%
Total44.042.941.840.8-2.5%

Top Export Markets for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm from Cameroon in 2022:

  1. France (13.8 tons)

Source: IndexBox Market Intelligence Platform

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