Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Cameroon - 2022

Contents:

  1. Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Cameroon (CIF) - 2022
  2. Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Cameroon

Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Cameroon (CIF) - 2022

In 2022, the average import price for articles of precious metal or of metal clad with precious metal amounted to $76,222 per ton, waning by -48.5% against the previous year. Overall, the import price, however, saw prominent growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 320%. Over the period under review, average import prices hit record highs at $148,130 per ton in 2021, and then fell rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($823,000 per ton), while the price for Japan ($4,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Cameroon

For the third year in a row, Cameroon recorded decline in supplies from abroad of articles of precious metal or of metal clad with precious metal, which decreased by -21.7% to 18 kg in 2022. In general, imports continue to indicate a precipitous shrinkage.

In value terms, imports of articles of precious metal or of metal clad with precious metal contracted markedly to $1.4K in 2022. Overall, imports saw a precipitous slump. The most prominent rate of growth was recorded in 2020 when imports increased by 25% against the previous year. As a result, imports reached the peak of $688K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria1405502.80.8-82.1%
China20020.50.10.4-87.4%
Italy0.64.5N/A0.1-45.0%
United States30.61040.40.1-85.2%
Japan0.83.0N/AN/A275.0%
Belgium16.9N/AN/AN/A0%
India0.91.7N/AN/A88.9%
Germany1593.9N/AN/A-97.5%
OthersN/AN/AN/AN/A0%
Total5496883.41.4-86.3%

Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Cameroon in 2022:

  1. China (10.0 kg)
  2. Italy (2.0 kg)
  3. United States (2.0 kg)
  4. India (1.0 kg)
  5. Austria (1.0 kg)
  6. Japan (1.0 kg)
  7. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Articles of precious metal or of metal clad with precious metal - Cameroon