Price for Cotton; Garnetted Stock Waste in Cameroon - 2022
Contents:
- Price for Cotton; Garnetted Stock Waste in Cameroon (CIF) - 2022
- Imports of Cotton; Garnetted Stock Waste in Cameroon
Price for Cotton; Garnetted Stock Waste in Cameroon (CIF) - 2022
The average cotton; garnetted stock waste import price stood at $2,109 per ton in 2022, increasing by 12% against the previous year. Overall, the import price, however, showed a deep setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 12% against the previous year. Over the period under review, average import prices reached the peak figure at $3,573 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($2,501 per ton), while the price for Italy amounted to $1,985 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-2.6%), while the prices for the other major suppliers experienced a decline.
Imports of Cotton; Garnetted Stock Waste in Cameroon
For the fourth year in a row, Cameroon recorded growth in supplies from abroad of cotton; garnetted stock waste, which increased by 6.9% to 4.4 tons in 2022. The total import volume increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cotton; garnetted stock waste imports skyrocketed to $9.4K in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 20% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
Import of Cotton; Garnetted Stock Waste in Cameroon (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 3.7 | 4.5 | 5.5 | 6.7 | 21.9% |
France | 1.7 | 2.0 | 2.3 | 2.7 | 16.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 5.4 | 6.5 | 7.8 | 9.4 | 20.3% |
Top Suppliers of Cotton; Garnetted Stock Waste to Cameroon in 2022:
- Italy (3.4 tons)
- France (1.1 tons)
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