Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Cameroon - 2022
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Cameroon (CIF) - 2022
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Cameroon (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Cameroon
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Cameroon
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Cameroon (CIF) - 2022
The average import price for wadding; other articles thereof, of man-made fibreses stood at $5,146 per ton in 2022, shrinking by -5.6% against the previous year. Overall, the import price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2013 when the average import price increased by 4.3% against the previous year. As a result, import price attained the peak level of $8,893 per ton. From 2014 to 2022, the average 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 Bosnia and Herzegovina ($25,444 per ton), while the price for Serbia ($1,542 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Cameroon (FOB) - 2022
The average export price for wadding; other articles thereof, of man-made fibreses stood at $9,532 per ton in 2022, with a decrease of -10.2% against the previous year. Over the period under review, the export price continues to indicate a mild decline. The pace of growth appeared the most rapid in 2019 an increase of 30% against the previous year. Over the period under review, the average export prices reached the peak figure at $11,011 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Central African Republic.
From 2012 to 2022, the rate of growth in terms of prices for Central African Republic amounted to -1.4% per year.
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Cameroon
In 2022, after three years of growth, there was decline in supplies from abroad of wadding; other articles thereof, of man-made fibreses, when their volume decreased by -4.2% to 224 tons. The total import volume increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 12% against the previous year.
In value terms, imports of wadding; other articles thereof, of man-made fibreses declined to $1.2M in 2022. The total import value increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year. As a result, imports attained the peak of $1.3M, and then dropped in the following year.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 18.2 | 26.1 | 94.9 | 608 | 222.1% |
| China | 135 | 9.5 | 1.6 | 184 | 10.9% |
| Vietnam | 173 | 246 | 145 | 90.2 | -19.5% |
| Bosnia and Herzegovina | 334 | 304 | 528 | 50.8 | -46.6% |
| Serbia | 15.3 | 16.1 | 66.5 | 22.3 | 13.4% |
| Taiwan (Chinese) | 39.1 | 18.8 | 44.3 | 14.8 | -27.7% |
| Others | 398 | 525 | 391 | 181 | -23.1% |
| Total | 1,112 | 1,145 | 1,272 | 1,151 | 1.2% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Cameroon in 2022:
- United Arab Emirates (70.9 tons)
- Vietnam (31.4 tons)
- Serbia (14.4 tons)
- China (9.2 tons)
- Taiwan (Chinese) (7.9 tons)
- Bosnia and Herzegovina (2.0 tons)
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Cameroon
For the fourth year in a row, Cameroon recorded growth in shipments abroad of wadding; other articles thereof, of man-made fibreses, which increased by 132% to 43 tons in 2022. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 324% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of wadding; other articles thereof, of man-made fibreses skyrocketed to $408K in 2022. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 422% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Central African Republic | 16.4 | 37.6 | 196 | 408 | 191.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.4 | 37.6 | 196 | 408 | 191.9% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Cameroon in 2022:
- Central African Republic (42.8 tons)
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