Price for Wood; Posts and Beams in Cameroon - 2022
Contents:
- Price for Wood; Posts and Beams in Cameroon (CIF) - 2022
- Price for Wood; Posts and Beams in Cameroon (FOB) - 2022
- Imports of Wood; Posts and Beams in Cameroon
- Exports of Wood; Posts and Beams in Cameroon
Price for Wood; Posts and Beams in Cameroon (CIF) - 2022
The average wood; posts and beams import price stood at $1,122 per ton in 2022, approximately mirroring the previous year. In general, the import price, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2019 an increase of 74% against the previous year. Over the period under review, average import prices hit record highs at $3,553 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Italy ($2,631 per ton), while the price for South Africa ($965 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+29.8%), while the prices for the other major suppliers experienced a decline.
Price for Wood; Posts and Beams in Cameroon (FOB) - 2022
In 2022, the average wood; posts and beams export price amounted to $888 per ton, which is down by -14.6% against the previous year. Overall, the export price saw a pronounced setback. The growth pace was the most rapid in 2019 when the average export price increased by 374% against the previous year. Over the period under review, the average export prices hit record highs at $2,822 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for Central African Republic amounted to +96.4% per year.
Imports of Wood; Posts and Beams in Cameroon
In 2022, after three years of growth, there was significant decline in purchases abroad of wood; posts and beamses, when their volume decreased by -46.8% to 207 tons. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,447% against the previous year. As a result, imports reached the peak of 388 tons, and then fell rapidly in the following year.
In value terms, wood; posts and beams imports dropped significantly to $232K in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,260%. As a result, imports reached the peak of $432K, and then contracted notably in the following year.
| Import of Wood; Posts and Beams in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 12.3 | 16.3 | 183 | 169 | 139.5% |
| Italy | 0.6 | 7.2 | 27.0 | 34.3 | 285.2% |
| France | N/A | 4.3 | 27.7 | 20.8 | 119.9% |
| China | 0.3 | 0.5 | 10.2 | 5.9 | 169.9% |
| Others | 0.6 | 3.5 | 184 | 2.4 | 58.7% |
| Total | 13.8 | 31.8 | 432 | 232 | 156.2% |
Top Suppliers of Wood; Posts and Beams to Cameroon in 2022:
- South Africa (174.7 tons)
- France (13.4 tons)
- Italy (13.0 tons)
- China (4.1 tons)
Exports of Wood; Posts and Beams in Cameroon
In 2022, the amount of wood; posts and beamses exported from Cameroon soared to 121 tons, rising by 44% compared with the previous year's figure. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 112% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, wood; posts and beams exports surged to $108K in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +22.8% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 46%. As a result, the exports attained the peak of $128K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Wood; Posts and Beams in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 34.3 | 44.2 | 40.8 | 54.3 | 16.5% |
| Others | 53.5 | 83.6 | 46.9 | 53.5 | 0.0% |
| Total | 87.8 | 128 | 87.8 | 108 | 7.1% |
Top Export Markets for Wood; Posts and Beams from Cameroon in 2022:
- France (119.7 tons)
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