Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Cameroon - 2022

Contents:

  1. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Cameroon (CIF) - 2022
  2. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Cameroon (FOB) - 2022
  3. Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Cameroon
  4. Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Cameroon

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Cameroon (CIF) - 2022

In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $34 per thousand units, dropping by -12.6% against the previous year. In general, the import price saw a perceptible contraction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 24% against the previous year. The import price peaked at $51 per thousand units in 2013; however, from 2014 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 Poland ($101 per thousand units), while the price for China ($13 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Cameroon (FOB) - 2022

In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, rising by 217% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The export price peaked at $0.1 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Central African Republic ($0.1 per unit), while the average price for exports to Gabon stood at $0.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Congo (-0.5%), while the prices for the other major destinations experienced a decline.

Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Cameroon

Imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment into Cameroon shrank significantly to 177M units in 2022, with a decrease of -37.2% compared with the previous year. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 63% against the previous year. As a result, imports attained the peak of 281M units, and then dropped markedly in the following year.

In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment shrank significantly to $5.9M in 2022. In general, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 92%. As a result, imports attained the peak of $11M, and then dropped sharply in the following year.

Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3,1052,8485,7303,3482.5%
China2995701,94687443.0%
Poland0.20.20.55531303.6%
Germany77.420947040173.0%
Italy3211,32967298.0-32.7%
Morocco11519.627655.9-21.4%
Turkey13676.564448.2-29.2%
Others6595741,053547-6.0%
Total4,7135,62610,7925,9247.9%

Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Cameroon in 2022:

  1. France (79.8M units)
  2. China (68.8M units)
  3. Poland (5.5M units)
  4. Germany (5.4M units)
  5. Morocco (3.3M units)
  6. Italy (3.0M units)
  7. Turkey (1.6M units)

Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Cameroon

Exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment from Cameroon shrank rapidly to 1.2M units in 2022, with a decrease of -37.9% on 2021 figures. Overall, exports, however, continue to indicate tangible growth. The pace of growth was the most pronounced in 2021 when exports increased by 195%. As a result, the exports reached the peak of 1.9M units, and then contracted remarkably in the following year.

In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment surged to $125K in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 143% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Central African Republic27.11.916.010557.1%
Gabon1.08.62.519.9171.0%
Cote d'Ivoire2.6N/A36.1N/A272.6%
Belgium19.6N/AN/AN/A0%
United StatesN/AN/A5.5N/A0%
Chad15.35.5N/AN/A-64.1%
PortugalN/A6.5N/AN/A0%
Others5.63.43.4N/A-22.1%
Total71.226.063.412520.6%

Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Cameroon in 2022:

  1. Central African Republic (993.6K units)
  2. Gabon (210.7K units)

Source: IndexBox Market Intelligence Platform

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