Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Cameroon - 2022
Contents:
- Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Cameroon (CIF) - 2022
- Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Cameroon (FOB) - 2022
- Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Cameroon
- Exports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Cameroon
Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Cameroon (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s amounted to $591 per ton, approximately equating the previous year. Over the period under review, the import price, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2018 an increase of 538% against the previous year. As a result, import price reached the peak level of $4,260 per ton. From 2019 to 2022, the average import prices remained 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 India ($1,306 per ton), while the price for Gabon ($589 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Gabon (+14.6%), while the prices for the other major suppliers experienced a decline.
Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Cameroon (FOB) - 2022
The average export price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s stood at $189 per ton in 2022, dropping by -6.9% against the previous year. Overall, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2016 an increase of 24% against the previous year. As a result, the export price reached the peak level of $522 per ton. From 2017 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 India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -5.8% per year.
Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Cameroon
For the third consecutive year, Cameroon recorded decline in purchases abroad of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s, which decreased by -50% to 250 tons in 2022. In general, imports continue to indicate a significant contraction. The smallest decline of -14.7% was in 2020.
In value terms, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s contracted markedly to $148K in 2022. Overall, imports continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2020 when imports increased by 21% against the previous year. As a result, imports reached the peak of $442K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Gabon | 333 | 402 | 290 | 145 | -24.2% |
| United Arab Emirates | 25.2 | 34.3 | 4.1 | 2.4 | -54.3% |
| Others | 6.3 | 5.2 | 0.4 | 0.3 | -63.8% |
| Total | 365 | 442 | 295 | 148 | -26.0% |
Top Suppliers of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) to Cameroon in 2022:
- Gabon (246.6 tons)
- United Arab Emirates (3.5 tons)
Exports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Cameroon
For the third consecutive year, Cameroon recorded decline in overseas shipments of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s, which decreased by -4.3% to 33 tons in 2022. Over the period under review, exports recorded a dramatic downturn.
In value terms, exports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s contracted to $6.3K in 2022. Overall, exports recorded a sharp contraction.
| Export of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 33.6 | 6.8 | 7.1 | 6.3 | -42.8% |
| Central African Republic | N/A | 0.6 | N/A | N/A | 0% |
| Others | N/A | 0.6 | N/A | N/A | 0% |
| Total | 33.6 | 7.9 | 7.1 | 6.3 | -42.8% |
Top Export Markets for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) from Cameroon in 2022:
- India (33.3 tons)
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