Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Cameroon - 2022

Contents:

1. Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Cameroon (FOB) - 2022
2. Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Cameroon (CIF) - 2022
3. Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Cameroon
4. Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Cameroon

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Cameroon (FOB) - 2022

In 2022, the average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $9,037 per ton, increasing by 16% against the previous year. In general, the export price, however, recorded a deep setback. The export price peaked at $14,030 per ton in 2019; however, from 2020 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 Central African Republic.

From 2019 to 2022, the rate of growth in terms of prices for Central African Republic amounted to -13.6% per year.

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Cameroon (CIF) - 2022

The average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $5,321 per ton in 2022, with an increase of 8.3% against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted increased by +47.0% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of 26% against the previous year. As a result, import price attained the peak level of $5,678 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +4.1% per year.

Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Cameroon

In 2022, overseas shipments of fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by -31.8% to 1.8 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a sharp reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 10% against the previous year. As a result, the exports attained the peak of 3.9 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted dropped notably to $16K in 2022. Overall, exports recorded a significant decrease. The smallest decline of -20.8% was in 2021.

Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from Cameroon in 2022:

1. Central African Republic (1.8 tons)

Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Cameroon

For the third year in a row, Cameroon recorded decline in supplies from abroad of fabrics; looped pile fabrics, of cotton, knitted or crocheted, which decreased by -7.6% to 109 kg in 2022. Over the period under review, imports saw a deep slump. The smallest decline of -7.1% was in 2021.

In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted totaled $580 in 2022. Overall, imports saw a relatively flat trend pattern. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Cameroon in 2022:

1. China (109.0 kg)

Source: IndexBox Market Intelligence Platform