Price for Steel, Stainless; Ingots and Other Primary Forms in Cameroon - 2022
Contents:
- Price for Steel, Stainless; Ingots and Other Primary Forms in Cameroon (CIF) - 2022
- Price for Steel, Stainless; Ingots and Other Primary Forms in Cameroon (FOB) - 2022
- Imports of Steel, Stainless; Ingots and Other Primary Forms in Cameroon
- Exports of Steel, Stainless; Ingots and Other Primary Forms in Cameroon
Price for Steel, Stainless; Ingots and Other Primary Forms in Cameroon (CIF) - 2022
In 2022, the average import price for steel, stainless; ingots and other primary formses amounted to $12,733 per ton, growing by 47% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 182%. As a result, import price reached the peak level of $14,601 per ton. From 2015 to 2022, the average 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 South Africa ($14,909 per ton), while the price for China totaled $6,750 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+70.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Steel, Stainless; Ingots and Other Primary Forms in Cameroon (FOB) - 2022
In 2021, the average export price for steel, stainless; ingots and other primary formses amounted to $61,800 per ton, surging by 2,145% against the previous year. Over the period under review, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Congo.
From 2020 to 2021, the rate of growth in terms of prices for Congo amounted to 0.0% per year.
Imports of Steel, Stainless; Ingots and Other Primary Forms in Cameroon
In 2022, overseas purchases of steel, stainless; ingots and other primary formses decreased by -84.8% to 15 kg, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a sharp decrease. The growth pace was the most rapid in 2020 when imports increased by 8.1% against the previous year. As a result, imports attained the peak of 1.6 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of steel, stainless; ingots and other primary formses dropped significantly to $191 in 2022. In general, imports faced a dramatic slump. The smallest decline of -47.5% was in 2020.
| Import of Steel, Stainless; Ingots and Other Primary Forms in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | N/A | 0.4 | 0.2 | -50.0% |
| China | 0.1 | 9.1 | N/A | N/A | 9000.0% |
| Jamaica | 5.8 | N/A | N/A | N/A | 0% |
| Others | 11.5 | N/A | 0.4 | N/A | -81.3% |
| Total | 17.4 | 9.1 | 0.9 | 0.2 | -77.4% |
Top Suppliers of Steel, Stainless; Ingots and Other Primary Forms to Cameroon in 2022:
- South Africa (11.0 kg)
- China (4.0 kg)
Exports of Steel, Stainless; Ingots and Other Primary Forms in Cameroon
Exports of steel, stainless; ingots and other primary formses from Cameroon shrank markedly to 10 kg in 2021, dropping by 99.9% compared with 2020. Overall, exports recorded a dramatic setback.
In value terms, exports of steel, stainless; ingots and other primary formses contracted remarkably to $618 in 2021. In general, exports faced a sharp downturn.
| Export of Steel, Stainless; Ingots and Other Primary Forms in Cameroon (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 |
| Congo | N/A | 0.3 | 0% |
| China | 219 | N/A | 0% |
| Others | 219 | 0.3 | -99.9% |
| Total | 438 | 0.6 | -99.9% |
Top Export Markets for Steel, Stainless; Ingots and Other Primary Forms from Cameroon in 2022:
- Congo (5.0 kg)
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