Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Cameroon - 2022

Contents:

  1. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Cameroon (CIF) - 2022
  2. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Cameroon (FOB) - 2022
  3. Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Cameroon
  4. Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Cameroon

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Cameroon (CIF) - 2022

The average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $3,241 per ton in 2022, growing by 43% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,772 per ton), while the price for the United Arab Emirates ($2,035 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Cameroon (FOB) - 2022

The average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $2,699 per ton in 2022, declining by -17.9% against the previous year. Overall, the export price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when the average export price increased by 39%. The export price peaked at $3,542 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Central African Republic ($2,837 per ton), while the average price for exports to Congo ($2,470 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 Central African Republic (-0.4%), while the prices for the other major destinations experienced a decline.

Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Cameroon

In 2022, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms into Cameroon soared to 12K tons, jumping by 130% against the year before. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 294%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms surged to $39M in 2022. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 327% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Cameroon (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.56.210.436.8190.6%
India0.10.40.60.8100.0%
TurkeyN/AN/A0.30.433.3%
OthersN/A0.10.50.7164.6%
Total1.66.711.838.7189.2%

Top Suppliers of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm to Cameroon in 2022:

  1. China (11.4K tons)
  2. Turkey (0.2K tons)
  3. India (0.2K tons)

Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Cameroon

For the third year in a row, Cameroon recorded decline in shipments abroad of aluminium plates, sheets and strip of thickness exceeding 0.2 mms, which decreased by -76% to 397 tons in 2022. In general, exports showed a dramatic curtailment. The smallest decline of -19.7% was in 2021.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms shrank remarkably to $1.1M in 2022. Overall, exports faced a sharp contraction. The growth pace was the most rapid in 2021 when exports increased by 12% against the previous year.

Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Cameroon (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Gabon4.53.14.20.7-46.2%
Central African Republic0.80.71.00.2-37.0%
Congo2.00.50.20.2-53.6%
BeninN/A0.4N/AN/A0%
Japan0.30.3N/AN/A0.0%
Indonesia0.1N/AN/AN/A0%
Others0.2N/AN/AN/A0%
Total7.94.95.41.1-48.2%

Top Export Markets for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm from Cameroon in 2022:

  1. Gabon (269.8 tons)
  2. Congo (64.9 tons)
  3. Central African Republic (62.2 tons)

Source: IndexBox Market Intelligence Platform

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