Salts; Molybdates Price in Cameroon - 2022
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Salts; Molybdates Price in Cameroon (CIF) - 2022
In 2022, the average salts; molybdates import price amounted to $45,182 per ton, surging by 17% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, salts; molybdates import price increased by +128.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 86%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($347,000 per ton), while the price for Spain ($11,528 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Salts; Molybdates Imports in Cameroon
In 2022, salts; molybdates imports into Cameroon reached 44 kg, picking up by 2.3% against 2021 figures. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 530% against the previous year. As a result, imports reached the peak of 63 kg. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, salts; molybdates imports skyrocketed to $2K in 2022. Overall, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 1,070% against the previous year. As a result, imports attained the peak of $2.3K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Salts; Molybdates in Cameroon (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 120 | 943 | 591 | 694 | 79.5% |
Belgium | 23.0 | 624 | 490 | 576 | 192.6% |
Spain | 45.0 | 396 | 320 | 415 | 109.7% |
United Kingdom | 3.0 | 353 | 258 | 303 | 365.7% |
Others | 7.0 | N/A | N/A | N/A | 0% |
Total | 198 | 2,316 | 1,659 | 1,988 | 115.7% |
Top Suppliers of Salts; Molybdates to Cameroon in 2022:
- Spain (36.0 kg)
- Belgium (4.0 kg)
- United Kingdom (2.0 kg)
- France (2.0 kg)
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