Price for Cutlery; Other than Plated with Precious Metal in Cameroon - 2022
Contents:
- Price for Cutlery; Other than Plated with Precious Metal in Cameroon (CIF) - 2022
- Price for Cutlery; Other than Plated with Precious Metal in Cameroon (FOB) - 2022
- Imports of Cutlery; Other than Plated with Precious Metal in Cameroon
- Exports of Cutlery; Other than Plated with Precious Metal in Cameroon
Price for Cutlery; Other than Plated with Precious Metal in Cameroon (CIF) - 2022
The average import price for cutlery; other than plated with precious metals stood at $7,824 per ton in 2022, rising by 45% against the previous year. In general, the import price posted a prominent increase. The most prominent rate of growth was recorded in 2014 an increase of 57%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
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 India ($8,292 per ton), while the price for the United Arab Emirates ($1,495 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cutlery; Other than Plated with Precious Metal in Cameroon (FOB) - 2022
The average export price for cutlery; other than plated with precious metals stood at $4,019 per ton in 2022, stabilizing at the previous year. Over the period under review, the export price saw a perceptible reduction. The pace of growth appeared the most rapid in 2013 an increase of 37%. Over the period under review, the average export prices reached the peak figure at $10,762 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($14,000 per ton), while the average price for exports to South Korea ($1,000 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 Thailand (+26.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cutlery; Other than Plated with Precious Metal in Cameroon
Imports of cutlery; other than plated with precious metals into Cameroon surged to 1.3K tons in 2022, with an increase of 40% on the previous year. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of cutlery; other than plated with precious metals surged to $9.9M in 2022. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cutlery; Other than Plated with Precious Metal in Cameroon (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.5 | 0.6 | 2.0 | 9.7 | 168.7% |
| India | 2.2 | 2.4 | 1.1 | N/A | -29.3% |
| United Arab Emirates | 0.3 | 0.2 | 0.3 | N/A | 0.0% |
| Taiwan (Chinese) | 0.6 | 0.2 | 0.2 | N/A | -42.3% |
| Others | 0.4 | 0.7 | 1.3 | 0.2 | -20.6% |
| Total | 4.0 | 4.1 | 4.9 | 9.9 | 35.3% |
Top Suppliers of Cutlery; Other than Plated with Precious Metal to Cameroon in 2022:
- China (1230.1 tons)
- United Arab Emirates (9.2 tons)
- Taiwan (Chinese) (8.7 tons)
- India (1.4 tons)
Exports of Cutlery; Other than Plated with Precious Metal in Cameroon
In 2022, shipments abroad of cutlery; other than plated with precious metals decreased by -32.1% to 53 kg, falling for the second year in a row after two years of growth. Overall, exports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of 152% against the previous year. As a result, the exports attained the peak of 111 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of cutlery; other than plated with precious metals declined rapidly to $213 in 2022. Over the period under review, exports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of 191%. As a result, the exports reached the peak of $471. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Cutlery; Other than Plated with Precious Metal in Cameroon (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Central African Republic | 96.0 | 357 | 253 | 160 | 18.6% |
| United States | 29.0 | 89.0 | 52.0 | 28.0 | -1.2% |
| Netherlands | N/A | N/A | N/A | 13.0 | 0% |
| Kenya | N/A | N/A | N/A | 2.0 | 0% |
| Thailand | N/A | N/A | N/A | 2.0 | 0% |
| Cote d'Ivoire | 6.0 | 4.0 | 1.0 | 2.0 | -30.7% |
| Canada | 1.0 | 3.0 | 3.0 | 1.0 | 0.0% |
| Brunei Darussalam | N/A | N/A | N/A | 1.0 | 0% |
| Ethiopia | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
| Congo | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
| South Korea | 2.0 | 4.0 | 1.0 | 1.0 | -20.6% |
| France | 6.0 | 10.0 | 2.0 | 1.0 | -45.0% |
| Others | 20.0 | 2.0 | 4.0 | N/A | -55.3% |
| Total | 162 | 471 | 318 | 213 | 9.6% |
Top Export Markets for Cutlery; Other than Plated with Precious Metal from Cameroon in 2022:
- Central African Republic (41.0 kg)
- United States (2.0 kg)
- Canada (1.0 kg)
- Netherlands (1.0 kg)
- Brunei Darussalam (1.0 kg)
- Ethiopia (1.0 kg)
- Congo (1.0 kg)
- Thailand (1.0 kg)
- Kenya (1.0 kg)
- South Korea (1.0 kg)
- France (1.0 kg)
- Cote d'Ivoire (1.0 kg)
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