Price for New Pneumatic Tyres, of Rubber in Cameroon - 2022

Contents:

1. Price for New Pneumatic Tyres, of Rubber in Cameroon (CIF) - 2022
2. Price for New Pneumatic Tyres, of Rubber in Cameroon (FOB) - 2022
3. Imports of New Pneumatic Tyres, of Rubber in Cameroon
4. Exports of New Pneumatic Tyres, of Rubber in Cameroon

Price for New Pneumatic Tyres, of Rubber in Cameroon (CIF) - 2022

The average import price for new pneumatic tyres, of rubbers stood at $65 per unit in 2022, with an increase of 20% against the previous year. Overall, the import price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 21% against the previous year. The import price peaked at $182 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +20.3% per year.

Price for New Pneumatic Tyres, of Rubber in Cameroon (FOB) - 2022

The average export price for new pneumatic tyres, of rubbers stood at $123 per unit in 2022, surging by 1.5% against the previous year. Overall, the export price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2017 an increase of 47% against the previous year. Over the period under review, the average export prices reached the peak figure at $436 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Chad.

From 2012 to 2022, the rate of growth in terms of prices for Myanmar amounted to +14.3% per year.

Imports of New Pneumatic Tyres, of Rubber in Cameroon

In 2022, supplies from abroad of new pneumatic tyres, of rubbers decreased by -12% to 861K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 45% against the previous year. As a result, imports attained the peak of 979K units, and then dropped in the following year.

In value terms, new pneumatic tyres, of rubber imports rose markedly to $56M in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 23% against the previous year. As a result, imports attained the peak of $59M. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of New Pneumatic Tyres, of Rubber to Cameroon in 2022:

1. United Arab Emirates (861.0K units)

Exports of New Pneumatic Tyres, of Rubber in Cameroon

In 2022, shipments abroad of new pneumatic tyres, of rubbers decreased by -20.4% to 2.2K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 75% against the previous year. The exports peaked at 2.8K units in 2021, and then contracted markedly in the following year.

In value terms, new pneumatic tyres, of rubber exports shrank notably to $273K in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 62% against the previous year. As a result, the exports reached the peak of $338K, and then dropped sharply in the following year.

Top Export Markets for New Pneumatic Tyres, of Rubber from Cameroon in 2022:

1. Chad (2.2K units)

Source: IndexBox Market Intelligence Platform