Price for Article of Natural Cork in Cameroon - 2022
Contents:
- Price for Article of Natural Cork in Cameroon (CIF) - 2022
- Price for Article of Natural Cork in Cameroon (FOB) - 2022
- Imports of Article of Natural Cork in Cameroon
- Exports of Article of Natural Cork in Cameroon
Price for Article of Natural Cork in Cameroon (CIF) - 2022
The average article of natural cork import price stood at $5,855 per ton in 2022, declining by -6.1% against the previous year. Over the period under review, the import price continues to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 108% against the previous year. As a result, import price reached the peak level of $12,114 per ton. From 2017 to 2022, the average 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 Portugal ($17,654 per ton), while the price for France ($1,025 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.5%), while the prices for the other major suppliers experienced a decline.
Price for Article of Natural Cork in Cameroon (FOB) - 2022
The average article of natural cork export price stood at $11,000 per ton in 2022, rising by 83% against the previous year. Overall, the export price, however, continues to indicate a deep setback. The export price peaked at $34,250 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2014 to 2022, the rate of growth in terms of prices for Ghana amounted to 0.0% per year.
Imports of Article of Natural Cork in Cameroon
Article of natural cork imports into Cameroon soared to 17 tons in 2022, with an increase of 30% on 2021 figures. Overall, imports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 413% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, article of natural cork imports surged to $97K in 2022. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 414%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Article of Natural Cork in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 0.8 | 1.2 | 19.3 | 34.5 | 250.7% |
| United Arab Emirates | 2.8 | 12.1 | 30.9 | 31.5 | 124.1% |
| Spain | 4.7 | 0.3 | 10.3 | 12.4 | 38.2% |
| China | 0.6 | 0.1 | 4.0 | 4.8 | 100.0% |
| France | 7.1 | 1.3 | 5.0 | 3.6 | -20.3% |
| Nigeria | N/A | N/A | 1.4 | N/A | 0% |
| Others | 3.0 | 0.5 | 8.8 | 10.6 | 52.3% |
| Total | 18.9 | 15.5 | 79.7 | 97.4 | 72.7% |
Top Suppliers of Article of Natural Cork to Cameroon in 2022:
- Spain (6.7 tons)
- France (3.6 tons)
- United Arab Emirates (3.1 tons)
- Portugal (2.0 tons)
- China (1.1 tons)
Exports of Article of Natural Cork in Cameroon
After two years of decline, shipments abroad of articles of natural cork decreased by -75% to 1 kg in 2022. In general, exports showed a sharp reduction.
In value terms, article of natural cork exports shrank remarkably to $11 in 2022. Over the period under review, exports recorded a sharp decrease.
| Export of Article of Natural Cork in Cameroon (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 11.0 | 0% |
| Gabon | N/A | N/A | 24.0 | N/A | 0% |
| Ghana | 387 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 387 | N/A | 24.0 | 11.0 | -69.5% |
Top Export Markets for Article of Natural Cork from Cameroon in 2022:
- Turkey (1.0 kg)
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In 2016, approx. X tons of natural cork were imported worldwide- lowering by -X% against the previous year level. In general, natural cork imports continue to indicate a relatively flat trend pa...
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1999
In 2016, approx. X tons of natural cork were imported worldwide- lowering by -X% against the previous year level. In general, natural cork imports continue to indicate a relatively flat trend pa...
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In 2016, the amount of natural cork exported worldwide amounted to X tons, growing by X% against the previous year figure. Overall, natural cork exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rap
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