Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Cameroon - 2022
Contents:
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Cameroon (CIF) - 2022
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Cameroon (FOB) - 2022
- Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Cameroon
- Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Cameroon
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Cameroon (CIF) - 2022
The average import price for machines and mechanical appliances; parts, of those having individual functionses stood at $10,522 per ton in 2022, falling by -15.6% against the previous year. In general, the import price recorded a abrupt decrease. The pace of growth was the most pronounced in 2017 when the average import price increased by 37%. Over the period under review, average import prices attained the peak figure at $25,432 per ton in 2012; however, from 2013 to 2022, import prices stood 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 Germany ($49,801 per ton), while the price for Italy ($4,202 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Cameroon (FOB) - 2022
The average export price for machines and mechanical appliances; parts, of those having individual functionses stood at $17,979 per ton in 2022, which is down by -11.3% against the previous year. In general, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 an increase of 21%. Over the period under review, the average export prices hit record highs at $40,218 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Senegal ($147,297 per ton), while the average price for exports to Gabon ($6,347 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 Senegal (+25.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Cameroon
For the fourth year in a row, Cameroon recorded growth in purchases abroad of machines and mechanical appliances; parts, of those having individual functionses, which increased by 11% to 960 tons in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 138%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses declined to $10M in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 94% against the previous year. As a result, imports reached the peak of $11M, and then shrank in the following year.
| Import of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 492 | 454 | 2,412 | 2,100 | 62.2% |
| Belgium | 17.9 | 14.8 | 2,210 | 1,924 | 375.5% |
| India | 21.0 | 301 | 1,674 | 1,458 | 311.0% |
| United States | 1,118 | 941 | 932 | 855 | -8.6% |
| Germany | 516 | 664 | 979 | 852 | 18.2% |
| Malaysia | 749 | 569 | 547 | 533 | -10.7% |
| Italy | 382 | 717 | 560 | 488 | 8.5% |
| France | 432 | 309 | 237 | 280 | -13.5% |
| South Africa | 3.4 | 34.6 | 232 | 202 | 290.2% |
| United Kingdom | 196 | 197 | 142 | 153 | -7.9% |
| Others | 1,807 | 1,360 | 878 | 1,257 | -11.4% |
| Total | 5,733 | 5,561 | 10,804 | 10,103 | 20.8% |
Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Cameroon in 2022:
- China (320.7 tons)
- India (156.3 tons)
- Belgium (152.0 tons)
- Italy (116.2 tons)
- Malaysia (68.2 tons)
- South Africa (22.8 tons)
- United States (22.6 tons)
- Germany (17.1 tons)
- France (16.9 tons)
- United Kingdom (10.6 tons)
Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Cameroon
In 2022, approx. 16 tons of machines and mechanical appliances; parts, of those having individual functionses were exported from Cameroon; surging by 140% on the previous year's figure. Overall, exports saw a slight increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses surged to $283K in 2022. Over the period under review, exports posted tangible growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 89.5 | 18.7 | 23.6 | 93.9 | 1.6% |
| Senegal | 3.8 | 3.5 | 20.6 | 81.9 | 178.3% |
| Gabon | 74.7 | 0.1 | 0.8 | 43.2 | -16.7% |
| Namibia | N/A | N/A | 3.4 | N/A | 0% |
| Belgium | N/A | N/A | 5.9 | N/A | 0% |
| Congo | 2.7 | N/A | 21.6 | N/A | 182.8% |
| Equatorial Guinea | N/A | 10.1 | 11.0 | N/A | 8.9% |
| Angola | 9.3 | 16.3 | N/A | N/A | 75.3% |
| Madagascar | N/A | 6.3 | N/A | N/A | 0% |
| Others | 74.6 | 54.4 | 46.2 | 63.9 | -5.0% |
| Total | 255 | 109 | 133 | 283 | 3.5% |
Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Cameroon in 2022:
- United Arab Emirates (8.2 tons)
- Gabon (6.8 tons)
- Senegal (0.6 tons)
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