Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Cameroon - 2022

Contents:

1. Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Cameroon (CIF) - 2022
2. Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Cameroon (FOB) - 2022
3. Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Cameroon
4. Exports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Cameroon

Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Cameroon (CIF) - 2022

In 2022, the average import price for tube or pipe fittings of non-malleable cast iron amounted to $4,739 per ton, growing by 66% against the previous year. Over the period under review, the import price continues to indicate a temperate expansion. Over the period under review, average import prices hit record highs at $6,126 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 UK ($14,284 per ton), while the price for the United Arab Emirates ($935 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+24.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Cameroon (FOB) - 2022

The average export price for tube or pipe fittings of non-malleable cast iron stood at $8,857 per ton in 2022, which is down by -4% against the previous year. In general, the export price, however, continues to indicate tangible growth. The growth pace was the most rapid in 2015 an increase of 131%. As a result, the export price reached the peak level of $22,640 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Congo ($9,333 per ton), while the average price for exports to South Africa stood at $6,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chad (+468.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Cameroon

In 2022, purchases abroad of tube or pipe fittings of non-malleable cast iron decreased by -76.5% to 208 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a deep setback. The pace of growth was the most pronounced in 2020 when imports increased by 115%.

In value terms, imports of tube or pipe fittings of non-malleable cast iron dropped significantly to $985K in 2022. Over the period under review, imports recorded a noticeable decline. The growth pace was the most rapid in 2020 when imports increased by 68%.

Top Suppliers of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron to Cameroon in 2022:

1. China (90.0 tons)
2. Belgium (60.5 tons)
3. Germany (18.2 tons)
4. United Arab Emirates (12.7 tons)
5. Portugal (6.3 tons)
6. United States (4.8 tons)
7. United Kingdom (4.1 tons)
8. France (2.6 tons)
9. Spain (1.0 tons)

Exports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Cameroon

Exports of tube or pipe fittings of non-malleable cast iron from Cameroon reduced dramatically to 7 kg in 2022, shrinking by -84.4% against 2021 figures. Over the period under review, exports faced a sharp decrease. The smallest decline of -20.5% was in 2020.

In value terms, exports of tube or pipe fittings of non-malleable cast iron fell markedly to $62 in 2022. Overall, exports saw a dramatic downturn. The smallest decline of -28.6% was in 2020.

Top Export Markets for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron from Cameroon in 2022:

1. Congo (6.0 kg)
2. South Africa (1.0 kg)

Source: IndexBox Market Intelligence Platform