Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Cameroon - 2022

Contents:

  1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Cameroon (CIF) - 2022
  2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Cameroon (FOB) - 2022
  3. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Cameroon
  4. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Cameroon

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Cameroon (CIF) - 2022

The average import price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $5.1 per unit in 2022, picking up by 43% against the previous year. Overall, the import price enjoyed a modest expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 107%. As a result, import price reached the peak level of $6.2 per unit. From 2016 to 2022, the average 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 Poland ($11 per unit), while the price for China ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Cameroon (FOB) - 2022

In 2022, the average export price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $5.3 per unit, shrinking by -31.1% against the previous year. Over the period under review, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2014 an increase of 191% against the previous year. Over the period under review, the average export prices attained the maximum at $11 per unit in 2020; however, from 2021 to 2022, the 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 ($17 per unit), while the average price for exports to France ($2.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Congo (+19.7%), while the prices for the other major destinations experienced a decline.

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Cameroon

In 2022, overseas purchases of millstones, grindstones, grinding wheels and the like; of natural stones decreased by -71% to 1.6K units, falling for the second consecutive year after two years of growth. Overall, imports showed a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 164% against the previous year. As a result, imports reached the peak of 18K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones declined notably to $8.4K in 2022. In general, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 137%. As a result, imports attained the peak of $35K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1.72.64.11.1-13.5%
Taiwan (Chinese)0.23.94.01.071.0%
France0.62.20.20.75.3%
Germany0.43.02.70.614.5%
United Arab Emirates0.61.21.30.3-20.6%
China2.21.91.00.2-55.0%
Belgium0.20.50.10.1-20.6%
Sweden0.42.5N/AN/A525.0%
Others8.417.37.04.5-18.8%
Total14.835.020.38.4-17.2%

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Cameroon in 2022:

  1. China (407.0 units)
  2. United Arab Emirates (296.0 units)
  3. Italy (223.0 units)
  4. Germany (216.0 units)
  5. France (213.0 units)
  6. Taiwan (Chinese) (102.0 units)
  7. Belgium (75.0 units)

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Cameroon

In 2022, approx. 1.2K units of millstones, grindstones, grinding wheels and the like; of natural stones were exported from Cameroon; increasing by 11% on 2021 figures. In general, exports, however, faced a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. Over the period under review, the exports of millstones, grindstones, grinding wheels and like; of natural stones attained the peak figure at 1.9K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones reduced markedly to $6.7K in 2022. Over the period under review, exports, however, continue to indicate a deep contraction. The smallest decline of -12.1% was in 2020. Over the period under review, the exports of millstones, grindstones, grinding wheels and like; of natural stones hit record highs at $13K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Congo6.03.84.43.6-15.7%
Central African Republic6.33.74.03.0-21.9%
France0.50.10.1N/A-55.3%
Others0.23.90.30.1-20.6%
Total13.011.48.76.7-19.8%

Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Cameroon in 2022:

  1. Central African Republic (1020.0 units)
  2. Congo (215.0 units)
  3. France (4.0 units)

Source: IndexBox Market Intelligence Platform

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