Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Cameroon - 2022

Contents:

  1. Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Cameroon (CIF) - 2022
  2. Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Cameroon (FOB) - 2022
  3. Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Cameroon
  4. Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Cameroon

Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Cameroon (CIF) - 2022

The average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $4,099 per ton in 2022, with a decrease of -9.9% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of 55% against the previous year. The import price peaked at $4,688 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8,878 per ton), while the price for the United Arab Emirates ($1,100 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Cameroon (FOB) - 2022

In 2022, the average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $4,685 per ton, jumping by 30% against the previous year. Overall, the export price recorded strong growth. The most prominent rate of growth was recorded in 2013 an increase of 180%. Over the period under review, the average export prices reached the maximum at $7,311 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($37,158 per ton), while the average price for exports to Central African Republic ($2,965 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Cameroon

In 2022, after three years of growth, there was decline in purchases abroad of furniture; of cane, osier, or similar materials (other than bamboo or rattan), when their volume decreased by -3% to 2.3K tons. The total import volume increased at an average annual rate of +11.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 22%. As a result, imports attained the peak of 2.3K tons, and then contracted modestly in the following year.

In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) fell to $9.2M in 2022. In general, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 71% against the previous year.

Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Cameroon (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.05.38.27.133.3%
United States0.51.61.31.440.9%
France0.40.2N/A0.3-9.1%
Italy0.20.50.50.20.0%
Turkey0.10.10.10.10.0%
United Arab EmiratesN/AN/A0.10.10.0%
United Kingdom0.20.10.2N/A0.0%
Others0.20.10.10.1-20.6%
Total4.67.910.69.226.0%

Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Cameroon in 2022:

  1. China (1863.2 tons)
  2. United States (157.1 tons)
  3. United Arab Emirates (90.1 tons)
  4. France (51.4 tons)
  5. Turkey (36.6 tons)
  6. Italy (29.0 tons)

Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Cameroon

In 2022, the amount of furniture; of cane, osier, or similar materials (other than bamboo or rattan) exported from Cameroon surged to 31 tons, increasing by 145% compared with the previous year. Over the period under review, exports recorded slight growth.

In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) surged to $147K in 2022. Overall, exports continue to indicate a temperate expansion.

Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Central African RepublicN/A229N/A68.8-45.2%
CanadaN/A2.3N/A38.8310.7%
GermanyN/AN/AN/A24.20%
KenyaN/AN/AN/A9.80%
South Korea80.6N/AN/AN/A0%
Democratic Republic of the Congo29.6N/A5.9N/A-55.4%
DenmarkN/AN/A31.1N/A0%
Others18.216.39.35.5-32.9%
Total12824846.31474.7%

Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Cameroon in 2022:

  1. Central African Republic (23.2 tons)
  2. Canada (4.6 tons)
  3. Kenya (2.9 tons)
  4. Germany (0.7 tons)

Source: IndexBox Market Intelligence Platform

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