Price for Wire of Other Alloy Steel in Cameroon - 2022
Contents:
- Price for Wire of Other Alloy Steel in Cameroon (CIF) - 2022
- Price for Wire of Other Alloy Steel in Cameroon (FOB) - 2022
- Imports of Wire of Other Alloy Steel in Cameroon
- Exports of Wire of Other Alloy Steel in Cameroon
Price for Wire of Other Alloy Steel in Cameroon (CIF) - 2022
The average import price for wire of other alloy steels stood at $1,520 per ton in 2022, with an increase of 21% against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wire of other alloy steel import price increased by +6.6% against 2018 indices. The growth pace was the most rapid in 2014 when the average import price increased by 62%. As a result, import price reached the peak level of $1,777 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($13,830 per ton), while the price for Taiwan (Chinese) ($1,008 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wire of Other Alloy Steel in Cameroon (FOB) - 2022
The average export price for wire of other alloy steels stood at $310 per ton in 2022, shrinking by -2% against the previous year. Over the period under review, the export price saw a sharp descent. The most prominent rate of growth was recorded in 2015 an increase of 110% against the previous year. Over the period under review, the average export prices hit record highs at $3,850 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Congo ($1,203 per ton), while the average price for exports to Gabon ($182 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 Congo (+4.5%), while the prices for the other major destinations experienced a decline.
Imports of Wire of Other Alloy Steel in Cameroon
In 2022, overseas purchases of wire of other alloy steels increased by 54% to 100 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt setback.
In value terms, wire of other alloy steel imports surged to $152K in 2022. Overall, imports, however, saw a pronounced downturn.
| Import of Wire of Other Alloy Steel in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.5 | 1.1 | 8.0 | 22.9 | 72.0% |
| Taiwan (Chinese) | 15.5 | 15.9 | 15.0 | 21.3 | 11.2% |
| Turkey | 9.4 | 4.6 | 4.5 | 6.8 | -10.2% |
| China | 48.4 | 78.9 | 10.5 | 4.0 | -56.4% |
| India | 2.5 | 2.7 | 2.8 | 3.3 | 9.7% |
| Hong Kong SAR | 3.3 | 2.9 | 2.4 | 3.0 | -3.1% |
| Others | 87.5 | 91.7 | 38.4 | 90.6 | 1.2% |
| Total | 171 | 198 | 81.6 | 152 | -3.9% |
Top Suppliers of Wire of Other Alloy Steel to Cameroon in 2022:
- Taiwan (Chinese) (21.1 tons)
- France (8.1 tons)
- Turkey (2.8 tons)
- China (1.7 tons)
- Hong Kong SAR (1.3 tons)
- India (1.2 tons)
Exports of Wire of Other Alloy Steel in Cameroon
In 2022, wire of other alloy steel exports from Cameroon skyrocketed to 7.9 tons, growing by 20% compared with the previous year's figure. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 59% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, wire of other alloy steel exports soared to $2.5K in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 18% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Wire of Other Alloy Steel in Cameroon (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Central African Republic | 706 | 1,015 | 1,224 | 1,455 | 27.3% |
| Gabon | 219 | 357 | 488 | 657 | 44.2% |
| Congo | 370 | 410 | 381 | 350 | -1.8% |
| Others | 219 | N/A | N/A | N/A | 0% |
| Total | 1,514 | 1,782 | 2,093 | 2,462 | 17.6% |
Top Export Markets for Wire of Other Alloy Steel from Cameroon in 2022:
- Central African Republic (4.1 tons)
- Gabon (3.6 tons)
- Congo (0.3 tons)
121
This report provides an in-depth analysis of the market for iron and steel wire in Cameroon.
1995
This report provides an in-depth analysis of the global market for iron and steel wire.
608
This report provides an in-depth analysis of the global market for iron and steel wire.
872
In value terms, wire of other alloy steel imports stood at $X in 2016. Overall, it indicated a temperate increase from 2007 to 2016: the total imports value increased at an average annual rate of +...
1538
In value terms, barbed wire of iron and steel imports amounted to $X in 2016. In general, barbed wire of iron and steel imports continue to indicate a mild slump. Over the period under review, glob...
1073
In value terms, wires, rods, tubes, plates, electrodes of base metal imports totaled $X in 2016. In general, wires, rods, tubes, plates, electrodes of base metal imports continue to indicate a mild...
1268
In value terms, wire of other alloy steel exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some...
700
In value terms, barbed wire of iron and steel exports totaled $X in 2016. In general, barbed wire of iron and steel exports continue to indicate a relatively flat trend pattern. Over the period und...
964
In value terms, wires, rods, tubes, plates, electrodes of base metal exports amounted to $X in 2016. Overall, wires, rods, tubes, plates, electrodes of base metal exports continue to indicate a sli...
3577
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
786
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
308
Discover the top import markets for iron and steel wire and key statistics on their import values. Learn about the global demand for this essential material.
269
Explore the top countries importing iron and steel wire in 2023 and the factors driving their demand. Get insights into the global market for these essential materials.
