Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Cameroon - 2022

Contents:

1. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Cameroon (CIF) - 2022
2. Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Cameroon

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Cameroon (CIF) - 2022

The average import price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses stood at $19,000 per ton in 2022, with an increase of 58% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.3% 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 fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses increased by +94.9% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 +6.3% per year.

Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Cameroon

In 2022, purchases abroad of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses decreased by -50% to 1 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports continue to indicate a sharp shrinkage.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses shrank dramatically to $19 in 2022. Over the period under review, imports recorded a precipitous decline. The smallest decline of -20% was in 2021.

Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres to Cameroon in 2022:

1. China (1.0 kg)

Source: IndexBox Market Intelligence Platform