Price for Clothing; Parts, Knitted or Crocheted in Cameroon - 2022

Contents:

1. Price for Clothing; Parts, Knitted or Crocheted in Cameroon (CIF) - 2022
2. Price for Clothing; Parts, Knitted or Crocheted in Cameroon (FOB) - 2022
3. Imports of Clothing; Parts, Knitted or Crocheted in Cameroon
4. Exports of Clothing; Parts, Knitted or Crocheted in Cameroon

Price for Clothing; Parts, Knitted or Crocheted in Cameroon (CIF) - 2022

In 2022, the average import price for clothing; parts, knitted or crocheted amounted to $9,908 per ton, shrinking by -14.3% against the previous year. Over the period under review, the import price saw a pronounced curtailment. The pace of growth was the most pronounced in 2015 an increase of 133% against the previous year. Over the period under review, average import prices reached the maximum at $54,312 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 ($513,500 per ton), while the price for Italy ($2,844 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+241.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Clothing; Parts, Knitted or Crocheted in Cameroon (FOB) - 2022

In 2022, the average export price for clothing; parts, knitted or crocheted amounted to $8,000 per ton, jumping by 45% against the previous year. Overall, the export price, however, showed a deep reduction. Over the period under review, the average export prices reached the peak figure at $43,800 per ton in 2015; however, from 2016 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 France.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to -13.6% per year.

Imports of Clothing; Parts, Knitted or Crocheted in Cameroon

In 2022, the amount of clothing; parts, knitted or crocheted imported into Cameroon soared to 590 kg, with an increase of 52% compared with the previous year's figure. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 947% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, clothing; parts, knitted or crocheted imports soared to $5.8K in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 1,971%. Imports peaked in 2022 and are likely to continue growth in the near future.

Top Suppliers of Clothing; Parts, Knitted or Crocheted to Cameroon in 2022:

1. Italy (520.0 kg)
2. China (32.0 kg)
3. United Kingdom (14.0 kg)
4. United Arab Emirates (10.0 kg)

Exports of Clothing; Parts, Knitted or Crocheted in Cameroon

In 2022, overseas shipments of clothing; parts, knitted or crocheted decreased by -50% to 1 kg, falling for the second consecutive year after two years of growth. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 200% against the previous year. As a result, the exports reached the peak of 3 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, clothing; parts, knitted or crocheted exports declined markedly to $8 in 2022. In general, exports recorded a abrupt curtailment. The smallest decline of -6.7% was in 2020.

Top Export Markets for Clothing; Parts, Knitted or Crocheted from Cameroon in 2022:

1. France (1.0 kg)

Source: IndexBox Market Intelligence Platform