Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Cameroon - 2022

Contents:

  1. Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Cameroon (CIF) - 2022
  2. Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Cameroon (FOB) - 2022
  3. Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Cameroon
  4. Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Cameroon

Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Cameroon (CIF) - 2022

In 2022, the average import price for tube or pipe butt welding fittings of stainless steels amounted to $8,886 per ton, rising by 39% against the previous year. Overall, the import price enjoyed slight growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 64%. Over the period under review, average import prices hit record highs at $14,742 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($8,096 per ton), while the price for Morocco ($1,029 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+9.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Cameroon (FOB) - 2022

The average export price for tube or pipe butt welding fittings of stainless steels stood at $4,267 per ton in 2022, waning by -62.8% against the previous year. Over the period under review, the export price, however, saw a slight expansion. The growth pace was the most rapid in 2015 when the average export price increased by 66%. Over the period under review, the average export prices reached the peak figure at $11,476 per ton in 2021, and then dropped rapidly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Chad ($12,860 per ton), while the average price for exports to Central African Republic amounted to $3,579 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chad (+7.9%).

Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Cameroon

In 2022, the amount of tube or pipe butt welding fittings of stainless steels imported into Cameroon contracted remarkably to 14 tons, declining by -29.9% compared with the year before. In general, imports showed a abrupt contraction. The smallest decline of -4.9% was in 2020.

In value terms, imports of tube or pipe butt welding fittings of stainless steels dropped to $122K in 2022. Overall, imports saw a perceptible decline. The most prominent rate of growth was recorded in 2020 when imports increased by 56%. As a result, imports attained the peak of $202K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France16.834.210.346.440.3%
United Kingdom32.391.154.941.48.6%
Italy20.611.326.716.9-6.4%
China17.526.423.68.1-22.6%
Turkey1.10.10.11.48.4%
Belgium6.29.62.41.3-40.6%
Morocco1.43.31.60.8-17.0%
Switzerland0.82.60.50.6-9.1%
Finland3.85.00.80.5-49.1%
Congo11.4N/AN/AN/A0%
Others17.518.03.64.2-37.9%
Total129202124122-1.8%

Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Cameroon in 2022:

  1. France (6.0 tons)
  2. China (2.6 tons)
  3. Italy (2.1 tons)
  4. Morocco (0.8 tons)
  5. Turkey (0.4 tons)
  6. Switzerland (0.4 tons)
  7. Finland (0.3 tons)
  8. United Kingdom (0.3 tons)
  9. Belgium (0.3 tons)

Exports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Cameroon

In 2022, approx. 2.7 tons of tube or pipe butt welding fittings of stainless steels were exported from Cameroon; with an increase of 55% against the previous year's figure. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 68% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of tube or pipe butt welding fittings of stainless steels contracted notably to $11K in 2022. Overall, exports recorded resilient growth. The pace of growth appeared the most rapid in 2020 when exports increased by 77%.

Export of Tube or Pipe Butt Welding Fittings of Stainless Steel in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Central African RepublicN/AN/AN/A8.90%
Chad7.813.819.82.4-32.5%
OthersN/AN/AN/A0.10%
Total7.813.819.811.413.5%

Top Export Markets for Tube or Pipe Butt Welding Fittings of Stainless Steel from Cameroon in 2022:

  1. Central African Republic (2477.0 kg)
  2. Chad (186.0 kg)

Source: IndexBox Market Intelligence Platform

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