Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Cameroon - 2022

Contents:

1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Cameroon (CIF) - 2022
2. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Cameroon (FOB) - 2022
3. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Cameroon
4. Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Cameroon

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Cameroon (CIF) - 2022

In 2022, the average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $17,270 per ton, with a decrease of -36.9% against the previous year. Over the period under review, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of 231%. As a result, import price reached the peak level of $61,964 per ton. From 2018 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 the United States ($62,086 per ton), while the price for China ($1,212 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Cameroon (FOB) - 2022

The average export price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses stood at $3,908 per ton in 2022, surging by 26% against the previous year. Overall, the export price enjoyed strong growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 57%. As a result, the export price reached the peak level of $4,734 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +7.2% per year.

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Cameroon

In 2022, the amount of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses imported into Cameroon soared to 17 tons, picking up by 248% against the previous year's figure. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses soared to $300K in 2022. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 222%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Cameroon in 2022:

1. Sweden (3.2 tons)
2. Germany (2.1 tons)
3. Denmark (1.4 tons)
4. China (0.8 tons)
5. United States (0.7 tons)
6. Italy (0.4 tons)
7. Belgium (0.3 tons)

Exports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Cameroon

In 2022, overseas shipments of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses decreased by -22% to 10 tons, falling for the second consecutive year after two years of growth. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 191% against the previous year. As a result, the exports reached the peak of 16 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses shrank modestly to $40K in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -3.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 82% against the previous year. As a result, the exports reached the peak of $42K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles from Cameroon in 2022:

1. United States (10.3 tons)

Source: IndexBox Market Intelligence Platform