Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Cameroon - 2022

Contents:

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

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

The average import price for tube or pipe butt welding fittings, other than stainless steels stood at $4,780 per ton in 2022, surging by 30% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $5,790 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 the UK ($28,673 per ton), while the price for Austria ($3,097 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for tube or pipe butt welding fittings, other than stainless steels stood at $1,399 per ton in 2022, waning by -68.9% against the previous year. Over the period under review, the export price saw a deep slump. The pace of growth was the most pronounced in 2019 an increase of 169% against the previous year. The export price peaked at $10,319 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($9,549 per ton), while the average price for exports to France ($588 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Equatorial Guinea (-5.6%).

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

In 2022, supplies from abroad of tube or pipe butt welding fittings, other than stainless steels decreased by -83.6% to 11 tons, falling for the second year in a row after two years of growth. In general, imports showed a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year. As a result, imports attained the peak of 77 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of tube or pipe butt welding fittings, other than stainless steels fell markedly to $52K in 2022. Overall, imports showed a sharp curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 31%.

Import of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy49.887.280.419.3-27.1%
China35.212.130.915.1-24.6%
Netherlands2.64.27.63.38.3%
France18.320.275.82.7-47.2%
United Arab Emirates1.44.27.32.521.3%
Austria5.15.43.91.1-40.0%
Belgium18.60.61.90.8-65.0%
ChadN/A15.6N/AN/A0%
Others46.983.533.96.9-47.2%
Total17823324251.7-33.8%

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

  1. China (4.7 tons)
  2. Italy (3.5 tons)
  3. United Arab Emirates (0.6 tons)
  4. France (0.4 tons)
  5. Austria (0.4 tons)
  6. Netherlands (0.3 tons)
  7. Belgium (0.2 tons)

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

For the fourth consecutive year, Cameroon recorded growth in overseas shipments of tube or pipe butt welding fittings, other than stainless steels, which increased by 379% to 23 tons in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tube or pipe butt welding fittings, other than stainless steels soared to $33K in 2022. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 96% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Equatorial Guinea6.36.122.012.224.6%
FranceN/AN/AN/A11.10%
ZambiaN/AN/AN/A9.50%
Central African RepublicN/A5.1N/AN/A0%
OthersN/AN/AN/AN/A0%
Total6.311.222.032.973.5%

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

  1. France (18.8 tons)
  2. Equatorial Guinea (3.6 tons)
  3. Zambia (1.0 tons)

Source: IndexBox Market Intelligence Platform

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