Price for Chain and Parts Thereof, of Iron or Steel in Cameroon - 2022
Contents:
- Price for Chain and Parts Thereof, of Iron or Steel in Cameroon (CIF) - 2022
- Price for Chain and Parts Thereof, of Iron or Steel in Cameroon (FOB) - 2022
- Imports of Chain and Parts Thereof, of Iron or Steel in Cameroon
- Exports of Chain and Parts Thereof, of Iron or Steel in Cameroon
Price for Chain and Parts Thereof, of Iron or Steel in Cameroon (CIF) - 2022
The average import price for chain and parts thereof, of iron or steel stood at $3,369 per ton in 2022, increasing by 12% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 44% against the previous year. Over the period under review, average import prices reached the maximum at $3,527 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($10,454 per ton), while the price for China totaled $2,797 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.9%).
Price for Chain and Parts Thereof, of Iron or Steel in Cameroon (FOB) - 2022
The average export price for chain and parts thereof, of iron or steel stood at $6,640 per ton in 2022, with a decrease of -1.7% against the previous year. Overall, the export price recorded a mild reduction. The pace of growth was the most pronounced in 2015 when the average export price increased by 181% against the previous year. As a result, the export price attained the peak level of $18,363 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Congo ($21,756 per ton), while the average price for exports to Tanzania ($779 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 Switzerland (+49.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Chain and Parts Thereof, of Iron or Steel in Cameroon
In 2022, overseas purchases of chain and parts thereof, of iron or steel were finally on the rise to reach 2K tons after two years of decline. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of chain and parts thereof, of iron or steel skyrocketed to $6.6M in 2022. In general, imports saw a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Chain and Parts Thereof, of Iron or Steel in Cameroon (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.6 | 1.9 | 1.5 | 5.0 | 24.4% |
France | 0.6 | 0.6 | 0.5 | 0.8 | 10.1% |
Others | 1.3 | 1.0 | 1.2 | 0.9 | -11.5% |
Total | 4.5 | 3.5 | 3.2 | 6.6 | 13.6% |
Top Suppliers of Chain and Parts Thereof, of Iron or Steel to Cameroon in 2022:
- China (1790.3 tons)
- France (71.9 tons)
Exports of Chain and Parts Thereof, of Iron or Steel in Cameroon
After three years of growth, overseas shipments of chain and parts thereof, of iron or steel decreased by -69.2% to 5 tons in 2022. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 340%.
In value terms, exports of chain and parts thereof, of iron or steel reduced sharply to $32K in 2022. In general, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 332% against the previous year.
Export of Chain and Parts Thereof, of Iron or Steel in Cameroon (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Congo | 4.7 | 25.1 | 42.0 | 17.3 | 54.4% |
Switzerland | N/A | N/A | N/A | 7.6 | 0% |
Central African Republic | 0.3 | 1.6 | 2.8 | 2.4 | 100.0% |
France | 0.9 | 3.3 | 4.5 | 1.9 | 28.3% |
Chad | 1.3 | 3.5 | 3.6 | 1.2 | -2.6% |
Belgium | 0.4 | 0.9 | 0.7 | 0.5 | 7.7% |
Gabon | N/A | 0.8 | 1.0 | 0.4 | -29.3% |
Tanzania | 0.4 | 0.9 | 0.8 | 0.2 | -20.6% |
United Kingdom | N/A | N/A | 46.0 | N/A | 0% |
Others | 1.8 | 5.9 | 9.7 | 0.4 | -39.4% |
Total | 9.7 | 41.9 | 111 | 31.8 | 48.6% |
Top Export Markets for Chain and Parts Thereof, of Iron or Steel from Cameroon in 2022:
- Central African Republic (2409.0 kg)
- Congo (795.0 kg)
- Switzerland (603.0 kg)
- Gabon (234.0 kg)
- France (213.0 kg)
- Tanzania (208.0 kg)
- Chad (206.0 kg)
- Belgium (202.0 kg)
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