Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Cameroon - 2022
Contents:
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Cameroon (CIF) - 2022
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Cameroon (FOB) - 2022
- Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Cameroon
- Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Cameroon
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Cameroon (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses amounted to $577 per ton, falling by -23.2% against the previous year. Overall, the import price recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 an increase of 76%. As a result, import price reached the peak level of $751 per ton, and then declined markedly in the following year.
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 Antigua and Barbuda ($722 per ton), while the price for Belarus ($378 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.6%), while the prices for the other major suppliers experienced a decline.
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Cameroon (FOB) - 2022
The average export price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses stood at $477 per ton in 2022, picking up by 9.7% against the previous year. Overall, the export price recorded slight growth. The growth pace was the most rapid in 2020 when the average export price increased by 127% against the previous year. As a result, the export price attained the peak level of $986 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Central African Republic ($2,615 per ton), while the average price for exports to Gabon ($288 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 Central African Republic (+36.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Cameroon
In 2022, the amount of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses imported into Cameroon totaled 49K tons, growing by 7.6% on the year before. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 23% against the previous year. As a result, imports reached the peak of 53K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses contracted significantly to $29M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. As a result, imports attained the peak of $34M, and then reduced markedly in the following year.
| Import of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Cameroon (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 2.1 | 2.2 | 3.0 | 5.3 | 36.2% |
| Portugal | 1.5 | 1.5 | 2.1 | 3.7 | 35.1% |
| Ukraine | 7.3 | 7.2 | 18.3 | 3.3 | -23.3% |
| Russia | 1.3 | 1.3 | 1.8 | 3.2 | 35.0% |
| China | 2.7 | 0.6 | 6.0 | 2.7 | 0.0% |
| Turkey | 1.5 | 1.7 | 0.4 | 2.0 | 10.1% |
| Antigua and Barbuda | 0.5 | 0.5 | 0.6 | 0.9 | 21.6% |
| Others | 3.4 | 7.6 | 2.3 | 7.4 | 29.6% |
| Total | 20.4 | 22.5 | 34.5 | 28.5 | 11.8% |
Top Suppliers of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Cameroon in 2022:
- Belarus (14.0K tons)
- Portugal (6.6K tons)
- Ukraine (5.8K tons)
- Russia (4.8K tons)
- China (4.6K tons)
- Turkey (2.9K tons)
- Antigua and Barbuda (1.3K tons)
Exports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Cameroon
Exports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses from Cameroon contracted markedly to 197 tons in 2022, declining by -45.9% against 2021 figures. In general, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 1,110%. As a result, the exports reached the peak of 363 tons, and then dropped dramatically in the following year.
In value terms, exports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses declined dramatically to $94K in 2022. Overall, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 434%. As a result, the exports reached the peak of $158K, and then dropped significantly in the following year.
| Export of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Gabon | 144 | 21.4 | 98.9 | 52.4 | -28.6% |
| Central African Republic | 2.6 | 6.5 | 40.3 | 28.7 | 122.7% |
| Chad | 10.8 | 1.6 | 8.2 | 5.9 | -18.3% |
| Others | 0.4 | 0.1 | 10.5 | 6.7 | 155.9% |
| Total | 158 | 29.6 | 158 | 93.8 | -16.0% |
Top Export Markets for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils from Cameroon in 2022:
- Gabon (182.0 tons)
- Central African Republic (11.0 tons)
- Chad (3.2 tons)
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