Price for Steel, Alloy; Ingots and Other Primary Forms in Cameroon - 2022

Contents:

  1. Price for Steel, Alloy; Ingots and Other Primary Forms in Cameroon (CIF) - 2022
  2. Imports of Steel, Alloy; Ingots and Other Primary Forms in Cameroon

Price for Steel, Alloy; Ingots and Other Primary Forms in Cameroon (CIF) - 2022

The average import price for steel, alloy; ingots and other primary formses stood at $12,303 per ton in 2022, shrinking by -36.2% against the previous year. Overall, the import price, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 160% against the previous year. Over the period under review, average import prices reached the peak figure at $19,270 per ton in 2021, and then declined significantly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +10.8% per year.

Imports of Steel, Alloy; Ingots and Other Primary Forms in Cameroon

In 2022, purchases abroad of steel, alloy; ingots and other primary formses was finally on the rise to reach 109 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a dramatic setback.

In value terms, imports of steel, alloy; ingots and other primary formses dropped remarkably to $1.3K in 2022. Over the period under review, imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 3.2% against the previous year.

Import of Steel, Alloy; Ingots and Other Primary Forms in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.50.90.91.3-19.6%
Hong Kong SARN/A0.8N/AN/A0%
South AfricaN/AN/A1.1N/A0%
OthersN/A0.1N/AN/A0%
Total2.51.91.91.3-19.6%

Top Suppliers of Steel, Alloy; Ingots and Other Primary Forms to Cameroon in 2022:

  1. France (109.0 kg)

Source: IndexBox Market Intelligence Platform

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