Price for Wadding; Other Articles Thereof, of Cotton in Cameroon - 2022
Contents:
- Price for Wadding; Other Articles Thereof, of Cotton in Cameroon (CIF) - 2022
- Price for Wadding; Other Articles Thereof, of Cotton in Cameroon (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, of Cotton in Cameroon
- Exports of Wadding; Other Articles Thereof, of Cotton in Cameroon
Price for Wadding; Other Articles Thereof, of Cotton in Cameroon (CIF) - 2022
In 2022, the average import price for wadding; other articles thereof, of cotta amounted to $3,990 per ton, increasing by 11% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wadding; other articles thereof, of cotta increased by +20.3% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 60%. Over the period under review, average import prices hit record highs at $4,186 per ton in 2016; however, from 2017 to 2022, import prices remained at a 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 Hong Kong SAR ($9,556 per ton), while the price for Taiwan (Chinese) ($1,380 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Cotton in Cameroon (FOB) - 2022
The average export price for wadding; other articles thereof, of cotta stood at $5,843 per ton in 2022, growing by 34% against the previous year. Overall, the export price posted a notable increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 258% against the previous year. As a result, the export price reached the peak level of $12,700 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
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 France ($57,000 per ton), while the average price for exports to Congo ($2,000 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 Chad (+149.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wadding; Other Articles Thereof, of Cotton in Cameroon
For the fourth year in a row, Cameroon recorded growth in purchases abroad of wadding; other articles thereof, of cotta, which increased by 4.5% to 169 tons in 2022. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 64% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of wadding; other articles thereof, of cotta surged to $676K in 2022. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 52% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Wadding; Other Articles Thereof, of Cotton in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 69.4 | 98.8 | 214 | 323 | 67.0% |
| Thailand | 54.2 | 77.2 | 137 | 106 | 25.1% |
| Taiwan (Chinese) | 74.8 | 102 | 88.1 | 79.1 | 1.9% |
| Turkey | 1.3 | 6.9 | 1.4 | 66.9 | 272.0% |
| Hong Kong SAR | 8.1 | 15.7 | 40.3 | 36.7 | 65.5% |
| France | 23.1 | 37.3 | 48.9 | 26.8 | 5.1% |
| Belgium | 2.4 | 5.3 | 7.9 | 10.9 | 65.6% |
| Others | 20.9 | 44.7 | 45.9 | 26.4 | 8.1% |
| Total | 254 | 387 | 584 | 676 | 38.6% |
Top Suppliers of Wadding; Other Articles Thereof, of Cotton to Cameroon in 2022:
- Taiwan (Chinese) (57.3 tons)
- China (47.9 tons)
- Thailand (39.2 tons)
- Turkey (10.6 tons)
- France (5.2 tons)
- Hong Kong SAR (3.8 tons)
- Belgium (0.7 tons)
Exports of Wadding; Other Articles Thereof, of Cotton in Cameroon
In 2022, exports of wadding; other articles thereof, of cotta from Cameroon skyrocketed to 89 kg, jumping by 218% compared with the year before. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of wadding; other articles thereof, of cotta surged to $520 in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Wadding; Other Articles Thereof, of Cotton in Cameroon (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | N/A | N/A | 366 | 0% |
| Congo | 72.0 | 87.0 | 62.0 | 94.0 | 9.3% |
| France | 81.0 | 52.0 | 2.0 | 57.0 | -11.1% |
| Others | 5.0 | N/A | 58.0 | 3.0 | -15.7% |
| Total | 158 | 139 | 122 | 520 | 48.7% |
Top Export Markets for Wadding; Other Articles Thereof, of Cotton from Cameroon in 2022:
- Congo (47.0 kg)
- Myanmar (40.0 kg)
- France (1.0 kg)
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