Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Cameroon - 2022
Contents:
- Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Cameroon (CIF) - 2022
- Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Cameroon
Price for Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Cameroon (CIF) - 2022
The average import price for steel, alloy stood at $743 per ton in 2022, declining by -7% against the previous year. Overall, the import price showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2013 when the average import price increased by 57% against the previous year. As a result, import price reached the peak level of $1,496 per ton. From 2014 to 2022, the average import prices remained at a 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 France ($2,258 per ton), while the price for China stood at $610 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+6.1%).
Imports of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Cameroon
For the fourth consecutive year, Cameroon recorded growth in overseas purchases of steel, alloy, which increased by 13% to 393 tons in 2022. The total import volume increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of steel, alloy rose to $282K in 2022. The total import value increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 159 | 162 | 154 | 224 | 12.1% |
| France | 111 | 113 | 123 | 57.8 | -19.5% |
| Others | 2.8 | N/A | N/A | N/A | 0% |
| Total | 273 | 275 | 277 | 282 | 1.1% |
Top Suppliers of Steel, Alloy; Flat-Rolled, Width 600mm or More, Hot-Rolled, in Coils to Cameroon in 2022:
- China (367.6 tons)
- France (25.6 tons)
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