Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Cameroon - 2022

Contents:

1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Cameroon (CIF) - 2022
2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Cameroon (FOB) - 2022
3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Cameroon
4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Cameroon

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Cameroon (CIF) - 2022

In 2022, the average import price for felt; whether or not impregnated, coated, covered or laminateds amounted to $1,793 per ton, which is down by -36.1% against the previous year. Overall, the import price showed a abrupt decline. The growth pace was the most rapid in 2014 an increase of 64% against the previous year. Over the period under review, average import prices reached the peak figure at $6,421 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 South Africa ($37,937 per ton), while the price for Turkey ($868 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+14.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Cameroon (FOB) - 2022

In 2022, the average export price for felt; whether or not impregnated, coated, covered or laminateds amounted to $10,000 per ton, growing by 13% against the previous year. Over the period under review, the export price saw a buoyant increase. The pace of growth appeared the most rapid in 2015 an increase of 156%. As a result, the export price reached the peak level of $23,300 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($31,000 per ton), while the average price for exports to Congo stood at $9,087 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Congo (-3.2%).

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Cameroon

In 2022, imports of felt; whether or not impregnated, coated, covered or laminateds into Cameroon soared to 54 tons, with an increase of 54% compared with the previous year. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 94% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds declined to $96K in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. As a result, imports attained the peak of $98K, and then contracted slightly in the following year.

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Cameroon in 2022:

1. China (32.2 tons)
2. Turkey (5.2 tons)
3. Brazil (2.0 tons)
4. France (0.5 tons)
5. South Africa (0.4 tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Cameroon

For the third year in a row, Cameroon recorded decline in overseas shipments of felt; whether or not impregnated, coated, covered or laminateds, which decreased by -88.6% to 24 kg in 2022. Overall, exports faced a precipitous decrease. The smallest decline of -66.2% was in 2021.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds shrank significantly to $240 in 2022. Over the period under review, exports faced a precipitous shrinkage. The smallest decline of -64.2% was in 2020.

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Cameroon in 2022:

1. Congo (23.0 kg)
2. Portugal (1.0 kg)

Source: IndexBox Market Intelligence Platform