Price for Wool, Not Carded or Combed in Cameroon - 2022
Contents:
- Price for Wool, Not Carded or Combed in Cameroon (CIF) - 2022
- Imports of Wool, Not Carded or Combed in Cameroon
Price for Wool, Not Carded or Combed in Cameroon (CIF) - 2022
The average import price for wool, not carded or combed stood at $3,698 per ton in 2022, with an increase of 33% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 74%. Over the period under review, average import prices hit record highs at $5,975 per ton in 2017; however, from 2018 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 Australia ($3,851 per ton), while the price for France stood at $271 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+262.1%), while the prices for the other major suppliers experienced a decline.
Imports of Wool, Not Carded or Combed in Cameroon
In 2022, the amount of wool, not carded or combed imported into Cameroon surged to 41 tons, jumping by 172% against the previous year. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 233% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, wool, not carded or combed imports soared to $152K in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Wool, Not Carded or Combed in Cameroon (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 11.5 | 21.9 | 41.7 | 151 | 135.9% |
France | N/A | 0.1 | 0.1 | 0.5 | 123.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 11.6 | 22.0 | 41.9 | 152 | 135.8% |
Top Suppliers of Wool, Not Carded or Combed to Cameroon in 2022:
- Australia (39.3 tons)
- France (1.8 tons)
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