Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Cameroon - 2022

Contents:

  1. Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Cameroon (CIF) - 2022
  2. Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Cameroon (FOB) - 2022
  3. Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Cameroon
  4. Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Cameroon

Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Cameroon (CIF) - 2022

In 2022, the average import price for fibres; synthetic filament tow, acrylic or modacrylics amounted to $5,902 per ton, picking up by 8.3% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 17%. The import price peaked at $7,056 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 Japan ($7,254 per ton), while the price for South Africa ($494 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Cameroon (FOB) - 2022

The average export price for fibres; synthetic filament tow, acrylic or modacrylics stood at $1,151 per ton in 2022, declining by -53.2% against the previous year. Overall, the export price saw a deep setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 105% against the previous year. Over the period under review, the average export prices hit record highs at $8,450 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2022, the rate of growth in terms of prices for Angola amounted to +21.6% per year.

Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Cameroon

In 2022, supplies from abroad of fibres; synthetic filament tow, acrylic or modacrylics decreased by -23.4% to 1.9K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of 2.5K tons, and then fell markedly in the following year.

In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics dropped rapidly to $11M in 2022. The total import value increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 25%. As a result, imports reached the peak of $14M, and then reduced markedly in the following year.

Import of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Cameroon (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan4.86.27.88.721.9%
China1.81.42.31.6-3.9%
Malaysia3.42.63.10.9-35.8%
South Africa0.10.10.10.10.0%
South Korea0.10.40.20.10.0%
Others0.30.40.30.1-30.7%
Total10.611.013.811.52.8%

Top Suppliers of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic to Cameroon in 2022:

  1. Japan (1197.4 tons)
  2. China (355.3 tons)
  3. South Africa (176.4 tons)
  4. Malaysia (141.6 tons)
  5. South Korea (31.3 tons)

Exports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Cameroon

Exports of fibres; synthetic filament tow, acrylic or modacrylics from Cameroon skyrocketed to 245 tons in 2022, picking up by 115% against 2021 figures. Overall, exports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 387% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of fibres; synthetic filament tow, acrylic or modacrylics totaled $282K in 2022. In general, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 218%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the Congo82.888.317728250.5%
AngolaN/AN/A85.0N/A0%
OthersN/AN/A18.2N/A0%
Total82.888.328028250.5%

Top Export Markets for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic from Cameroon in 2022:

  1. Democratic Republic of the Congo (244.8 tons)

Source: IndexBox Market Intelligence Platform

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