Cameroon - Stainless Steel in Ingots or other Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Stainless Steel in Ingots or Other Primary Forms in Cameroon - 2022
Contents:
- Price for Stainless Steel in Ingots or Other Primary Forms in Cameroon (FOB) - 2022
- Price for Stainless Steel in Ingots or Other Primary Forms in Cameroon (CIF) - 2022
- Exports of Stainless Steel in Ingots or Other Primary Forms in Cameroon
- Imports of Stainless Steel in Ingots or Other Primary Forms in Cameroon
Price for Stainless Steel in Ingots or Other Primary Forms in Cameroon (FOB) - 2022
The average export price for stainless steel in ingots or other primary forms stood at $1,423 per ton in 2021, approximately equating the previous year. Overall, export price indicated a resilient expansion from 2015 to 2021: its price increased at an average annual rate of +7.6% over the last six-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for stainless steel in ingots or other primary forms decreased by -5.2% against 2017 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 47%. As a result, the export price reached the peak level of $1,501 per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Congo.
From 2015 to 2021, the rate of growth in terms of prices for Central African Republic amounted to +11.2% per year.
Price for Stainless Steel in Ingots or Other Primary Forms in Cameroon (CIF) - 2022
In 2022, the average import price for stainless steel in ingots or other primary forms amounted to $19,320 per ton, increasing by 3.4% against the previous year. Over the period under review, the import price showed a prominent increase. The most prominent rate of growth was recorded in 2019 an increase of 128%. Over the period under review, average import prices hit record highs at $21,801 per ton in 2020; however, from 2021 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 France ($15,967 per ton), while the price for Italy ($8,321 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced a decline.
Exports of Stainless Steel in Ingots or Other Primary Forms in Cameroon
After three years of growth, overseas shipments of stainless steel in ingots or other primary forms decreased by -18.9% to 17 tons in 2022. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 61%. As a result, the exports reached the peak of 21 tons, and then fell remarkably in the following year.
In value terms, exports of stainless steel in ingots or other primary forms dropped markedly to $25K in 2022. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 60% against the previous year.
| Export of Stainless Steel in Ingots or Other Primary Forms in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| Congo | N/A | 30.2 | 0% | ||
| China | 18.9 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 18.9 | 30.2 | 59.8% | ||
Top Export Markets for Stainless Steel in Ingots or Other Primary Forms from Cameroon in 2022:
- Congo (21.3 tons)
Imports of Stainless Steel in Ingots or Other Primary Forms in Cameroon
Imports of stainless steel in ingots or other primary forms into Cameroon declined remarkably to 963 kg in 2022, which is down by -37% on the year before. Overall, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 285% against the previous year. As a result, imports reached the peak of 1.5 tons, and then declined markedly in the following year.
In value terms, imports of stainless steel in ingots or other primary forms reduced dramatically to $19K in 2022. Over the period under review, imports, however, showed prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 230% against the previous year. As a result, imports reached the peak of $29K, and then dropped rapidly in the following year.
| Import of Stainless Steel in Ingots or Other Primary Forms in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.4 | 1.1 | 3.0 | 4.2 | 7.3% |
| China | 0.1 | 0.9 | 0.7 | 0.9 | 108.0% |
| France | 0.1 | 0.4 | 0.3 | 0.5 | 71.0% |
| South Africa | 0.7 | 0.8 | 0.2 | 0.1 | -47.7% |
| Oman | 0.6 | 1.3 | N/A | N/A | 116.7% |
| Tunisia | N/A | N/A | 12.0 | N/A | 0% |
| Jamaica | 1.6 | N/A | N/A | N/A | 0% |
| Others | 4.8 | 4.3 | 12.4 | 12.9 | 39.0% |
| Total | 11.3 | 8.7 | 28.6 | 18.6 | 18.1% |
Top Suppliers of Stainless Steel in Ingots or Other Primary Forms to Cameroon in 2022:
- Italy (502.0 kg)
- China (95.0 kg)
- France (30.0 kg)
- South Africa (8.0 kg)
This report provides an in-depth analysis of the market for stainless steel in ingots or other primary forms in Cameroon. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24102210 - Flat semi-finished products (slabs) (of stainless steel)
- Prodcom 24102221 - Ingots, other primary forms and long semi-finished products for seamless tubes (of stainless steel)
- Prodcom 24102222 - Other ingots, primary forms and long semi-finished products (of stainless steel)
- Prodcom 241022Z0 - Ingots, other primary forms and long semi-finished products, o f stainless steel
Country coverage:
- Cameroon
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Cameroon
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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