Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Cameroon - 2022

Contents:

  1. Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Cameroon (CIF) - 2022
  2. Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Cameroon

Price for Ferrous Waste and Scrap; of Tinned Iron or Steel in Cameroon (CIF) - 2022

The average import price for ferrous waste and scrap; of tinned iron or steels stood at $54 per ton in 2022, which is down by -58.7% against the previous year. In general, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 34% against the previous year. Over the period under review, average import prices hit record highs at $365 per ton in 2015; however, from 2016 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 China ($398 per ton), while the price for Equatorial Guinea ($15 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Gabon (-5.4%), while the prices for the other major suppliers experienced a decline.

Imports of Ferrous Waste and Scrap; of Tinned Iron or Steel in Cameroon

In 2022, the amount of ferrous waste and scrap; of tinned iron or steels imported into Cameroon skyrocketed to 310 tons, surging by 564% on 2021 figures. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of ferrous waste and scrap; of tinned iron or steels surged to $17K in 2022. Overall, imports showed a strong increase.

Import of Ferrous Waste and Scrap; of Tinned Iron or Steel in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.615.45.010.09.6%
Central African Republic0.51.20.64.3104.9%
Gabon2.82.80.21.5-18.8%
Equatorial Guinea1.20.30.20.6-20.6%
ChadN/A0.90.1N/A-88.9%
Others1.10.3N/A0.2-43.3%
Total13.221.06.116.67.9%

Top Suppliers of Ferrous Waste and Scrap; of Tinned Iron or Steel to Cameroon in 2022:

  1. Central African Republic (220.7 tons)
  2. Equatorial Guinea (38.6 tons)
  3. Gabon (25.3 tons)
  4. China (25.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Ferrous waste and scrap; of tinned iron or steel - Cameroon