Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Cameroon - 2022

Contents:

  1. Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Cameroon (CIF) - 2022
  2. Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Cameroon (FOB) - 2022
  3. Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Cameroon
  4. Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Cameroon

Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Cameroon (CIF) - 2022

The average import price for in-hand motor grinders, sanders and planers stood at $16 per unit in 2022, approximately reflecting the previous year. Overall, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average import price increased by 8.3% against the previous year. Over the period under review, average import prices reached the peak figure at $84 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Romania ($17 per unit) and the United States ($17 per unit), while the price for Russia ($15 per unit) and Germany ($15 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-12.9%), while the prices for the other major suppliers experienced a decline.

Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Cameroon (FOB) - 2022

The average export price for in-hand motor grinders, sanders and planers stood at $175 per unit in 2022, shrinking by -9.6% against the previous year. In general, the export price, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 83%. As a result, the export price attained the peak level of $194 per unit, and then dropped in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($270 per unit), while the average price for exports to Singapore amounted to $27 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Central African Republic (+72.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Cameroon

In 2022, approx. 71K units of in-hand motor grinders, sanders and planers were imported into Cameroon; jumping by 39% against the previous year. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 314%. As a result, imports reached the peak of 91K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of in-hand motor grinders, sanders and planers soared to $1.2M in 2022. In general, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +4.9% 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 decreased by -21.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 47% against the previous year. As a result, imports reached the peak of $1.5M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China30488060282939.7%
France10315728.047.4-22.8%
Russia21256.710.547.4-39.3%
Germany13014121.347.2-28.7%
Italy20.946.029.340.424.6%
United States10.419.225.735.450.4%
United Kingdom70.127.823.632.5-22.6%
Spain1.41.016.122.2151.2%
Romania4.739.514.119.460.4%
Others15211669.140.3-35.8%
Total1,0081,4848401,1624.9%

Top Suppliers of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor to Cameroon in 2022:

  1. China (49.9K units)
  2. Russia (3.2K units)
  3. France (3.1K units)
  4. Germany (3.1K units)
  5. Italy (2.4K units)
  6. United States (2.1K units)
  7. United Kingdom (2.0K units)
  8. Spain (1.3K units)
  9. Romania (1.2K units)

Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Cameroon

In 2022, after three years of growth, there was significant decline in shipments abroad of in-hand motor grinders, sanders and planers, when their volume decreased by -36.4% to 236 units. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 264% against the previous year. As a result, the exports reached the peak of 371 units, and then shrank sharply in the following year.

In value terms, exports of in-hand motor grinders, sanders and planers shrank rapidly to $41K in 2022. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 565%. As a result, the exports reached the peak of $72K, and then dropped significantly in the following year.

Export of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A38.90%
SingaporeN/AN/A0.22.51150.0%
GermanyN/AN/A62.8N/A0%
CongoN/A0.37.8N/A2500.0%
United StatesN/A3.4N/AN/A0%
Central African RepublicN/A6.3N/AN/A0%
GhanaN/AN/A1.2N/A0%
Others3.80.80.1N/A-83.8%
Total3.810.872.041.4121.7%

Top Export Markets for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor from Cameroon in 2022:

  1. Italy (144.0 units)
  2. Singapore (92.0 units)

Source: IndexBox Market Intelligence Platform

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