Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Cameroon - 2022

Contents:

  1. Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Cameroon (CIF) - 2022
  2. Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Cameroon (FOB) - 2022
  3. Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Cameroon
  4. Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Cameroon

Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Cameroon (CIF) - 2022

In 2022, the average import price for silicates; of sodium (excluding sodium metasilicates)s amounted to $467 per ton, with an increase of 41% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average import price increased by 50% against the previous year. The import price peaked at $574 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($510 per ton), while the price for France ($294 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Cameroon (FOB) - 2022

The average export price for silicates; of sodium (excluding sodium metasilicates)s stood at $527 per ton in 2022, falling by -3.4% against the previous year. Overall, the export price showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 98% against the previous year. Over the period under review, the average export prices hit record highs at $708 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Equatorial Guinea ($553 per ton), while the average price for exports to Italy ($98 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 Gabon (-6.8%), while the prices for the other major destinations experienced a decline.

Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Cameroon

In 2022, purchases abroad of silicates; of sodium (excluding sodium metasilicates)s decreased by -17.5% to 2.8K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 37%. As a result, imports reached the peak of 3.6K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s surged to $1.3M in 2022. The total import value increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 29% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt79.1364392709107.7%
Belgium67.468.966.432.5-21.6%
India52.736.681.131.1-16.1%
China25315517.214.6-61.4%
Lebanon41.3N/AN/AN/A0%
Others5166725745270.7%
Total1,0091,2971,1321,3159.2%

Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Cameroon in 2022:

  1. Egypt (1412.0 tons)
  2. India (83.7 tons)
  3. Belgium (63.7 tons)
  4. China (36.7 tons)

Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Cameroon

For the third year in a row, Cameroon recorded decline in shipments abroad of silicates; of sodium (excluding sodium metasilicates)s, which decreased by -5% to 52 tons in 2022. In general, exports recorded a deep reduction. The smallest decline of -5% was in 2021.

In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s fell to $28K in 2022. Overall, exports saw a abrupt shrinkage. The smallest decline of -8.2% was in 2021.

Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Equatorial Guinea16.230.128.826.618.0%
Gabon1.41.11.00.8-17.0%
Italy0.30.40.30.2-12.6%
Others17.91.1N/AN/A-93.9%
Total35.832.830.127.6-8.3%

Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Cameroon in 2022:

  1. Equatorial Guinea (48.1 tons)
  2. Italy (2.3 tons)
  3. Gabon (2.1 tons)

Source: IndexBox Market Intelligence Platform

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