Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Cameroon - 2022

Contents:

  1. Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Cameroon (CIF) - 2022
  2. Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Cameroon

Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Cameroon (CIF) - 2022

In 2022, the average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia amounted to $7,140 per ton, rising by 9.8% against the previous year. Overall, the import price, however, showed a deep setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 73%. Over the period under review, average import prices attained the maximum at $12,745 per ton in 2012; however, from 2013 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 Italy ($8,595 per ton), while the price for Cote d'Ivoire ($292 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+33.2%), while the prices for the other major suppliers experienced a decline.

Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Cameroon

In 2022, supplies from abroad of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia decreased by -95.2% to 2.6 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2020 with an increase of 53%. As a result, imports reached the peak of 58 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia declined rapidly to $18K in 2022. In general, imports faced a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 144%. As a result, imports attained the peak of $466K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy15.287.846.74.1-35.4%
Turkey12.775.549.82.0-46.0%
South Africa4.730.822.51.4-33.2%
France2.319.217.71.4-15.3%
China1041781401.2-77.4%
Norway1.28.26.20.4-30.7%
United Arab Emirates0.32.93.00.30.0%
Cote d'IvoireN/AN/AN/AN/A0%
Brazil11.9N/AN/AN/A0%
Others38.563.459.27.5-42.0%
Total19146634518.3-54.2%

Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Cameroon in 2022:

  1. Italy (482.0 kg)
  2. South Africa (434.0 kg)
  3. China (356.0 kg)
  4. United Arab Emirates (307.0 kg)
  5. France (305.0 kg)
  6. Turkey (259.0 kg)
  7. Norway (110.0 kg)
  8. Cote d'Ivoire (72.0 kg)

Source: IndexBox Market Intelligence Platform

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