Price for Iron or Steel; Cast Articles in Cameroon - 2022
Contents:
- Price for Iron or Steel; Cast Articles in Cameroon (CIF) - 2022
- Price for Iron or Steel; Cast Articles in Cameroon (FOB) - 2022
- Imports of Iron or Steel; Cast Articles in Cameroon
- Exports of Iron or Steel; Cast Articles in Cameroon
Price for Iron or Steel; Cast Articles in Cameroon (CIF) - 2022
The average import price for iron or steel; cast articleses stood at $1,720 per ton in 2022, shrinking by -26.7% against the previous year. In general, the import price recorded a noticeable downturn. The growth pace was the most rapid in 2018 an increase of 84% against the previous year. The import price peaked at $4,205 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($7,061 per ton), while the price for South Africa ($1,092 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron or Steel; Cast Articles in Cameroon (FOB) - 2022
In 2022, the average export price for iron or steel; cast articleses amounted to $2,258 per ton, with a decrease of -35.1% against the previous year. Overall, the export price saw a pronounced descent. The pace of growth appeared the most rapid in 2014 when the average export price increased by 80%. Over the period under review, the average export prices attained the peak figure at $10,212 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Congo ($9,346 per ton), while the average price for exports to France ($1,000 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 the UK (+6.4%), while the prices for the other major destinations experienced a decline.
Imports of Iron or Steel; Cast Articles in Cameroon
In 2022, imports of iron or steel; cast articleses into Cameroon surged to 1.1K tons, increasing by 48% compared with 2021. In general, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, iron or steel; cast articles imports reached $1.9M in 2022. The total import value increased at an average annual rate of +5.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iron or Steel; Cast Articles in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 961 | 795 | 196 | 786 | -6.5% |
| India | 130 | 278 | 242 | 353 | 39.5% |
| Italy | 41.8 | 56.8 | 86.1 | 288 | 90.3% |
| South Africa | 13.7 | 29.6 | 97.1 | 124 | 108.4% |
| Thailand | 54.6 | 65.4 | 65.9 | 95.3 | 20.4% |
| France | 94.9 | 27.2 | 690 | 70.9 | -9.3% |
| Spain | 136 | 211 | 125 | 1.0 | -80.6% |
| Others | 173 | 211 | 221 | 152 | -4.2% |
| Total | 1,604 | 1,675 | 1,723 | 1,871 | 5.3% |
Top Suppliers of Iron or Steel; Cast Articles to Cameroon in 2022:
- China (499.8 tons)
- India (300.1 tons)
- South Africa (113.8 tons)
- Thailand (71.1 tons)
- Italy (40.8 tons)
- France (14.3 tons)
- Spain (0.4 tons)
Exports of Iron or Steel; Cast Articles in Cameroon
For the third year in a row, Cameroon recorded decline in shipments abroad of iron or steel; cast articleses, which decreased by -51.2% to 322 kg in 2022. In general, exports recorded a sharp setback.
In value terms, iron or steel; cast articles exports reduced dramatically to $727 in 2022. Overall, exports recorded a sharp decrease. The smallest decline of -40.6% was in 2021.
| Export of Iron or Steel; Cast Articles in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.6 | 2.1 | 0.4 | 0.3 | -68.5% |
| Congo | 2.1 | 0.4 | 0.3 | 0.2 | -54.3% |
| United Kingdom | 5.5 | 0.5 | 0.1 | 0.1 | -73.7% |
| Cote d'Ivoire | N/A | N/A | 1.4 | N/A | 0% |
| China | N/A | N/A | N/A | N/A | 0% |
| Togo | 12.8 | N/A | N/A | N/A | 0% |
| France | 0.7 | 0.1 | N/A | N/A | -85.7% |
| Central African Republic | 3.4 | 0.5 | N/A | N/A | -85.3% |
| Others | 1.4 | 0.2 | N/A | N/A | -85.7% |
| Total | 35.5 | 3.9 | 2.3 | 0.7 | -73.0% |
Top Export Markets for Iron or Steel; Cast Articles from Cameroon in 2022:
- United States (231.0 kg)
- Congo (26.0 kg)
- United Kingdom (23.0 kg)
- France (16.0 kg)
- Central African Republic (11.0 kg)
- China (9.0 kg)
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This report provides an in-depth analysis of the market for non-malleable cast iron articles in Cameroon.
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This report provides an in-depth analysis of the global market for non-malleable cast iron articles.
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Global Cast Metal Articles Market Report 2018. This report provides an in-depth analysis of the global cast metal articles market.
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