Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Cameroon - 2022

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Cameroon (CIF) - 2022
  2. Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Cameroon

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

The average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $5,583 per ton in 2022, waning by -3% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% 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 man-made fibres, knitted or crocheteds decreased by -9.3% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by 67%. As a result, import price attained the peak level of $6,173 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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 China ($5,605 per ton), while the price for Italy amounted to $3,364 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.1%).

Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Cameroon

In 2022, supplies from abroad of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds decreased by -10.3% to 1.1 tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 207% against the previous year. As a result, imports attained the peak of 1.3 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds declined to $5.9K in 2022. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 194%. As a result, imports reached the peak of $7.8K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.13.86.75.975.0%
ItalyN/AN/A0.1N/A0%
Others1.53.9N/AN/A160.0%
Total2.67.86.85.931.4%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Cameroon in 2022:

  1. China (1045.0 kg)
  2. Italy (11.0 kg)

Source: IndexBox Market Intelligence Platform

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