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Cameroon - Hot-Rolled Wire Rods in Coils - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCameroon: Market for Hot-Rolled Wire Rods in Coils 2024
Market Size for Hot-Rolled Wire Rods in Coils in Cameroon
The Cameroonian market for hot-rolled wire rods in coils skyrocketed to $X in 2023, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a perceptible descent. Hot-rolled wire rod in coils consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.
Exports of Hot-Rolled Wire Rods in Coils
Exports from Cameroon
Hot-rolled wire rod in coils exports from Cameroon reached X tons in 2023, surging by X% against 2022. Over the period under review, exports, however, saw a drastic downturn. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked at X tons in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.
In value terms, hot-rolled wire rod in coils exports declined modestly to $X in 2023. In general, exports, however, saw a pronounced setback. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2023, the exports failed to regain momentum.
Exports by Country
Central African Republic (X tons), Chad (X tons) and Congo (X tons) were the main destinations of hot-rolled wire rod in coils exports from Cameroon.
From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Congo (with a CAGR of X%), while the other leaders experienced mixed trend patterns.
In value terms, Chad ($X) remains the key foreign market for hot-rolled wire rods in coils exports from Cameroon, comprising X% of total exports. The second position in the ranking was taken by Congo ($X), with a X% share of total exports.
From 2012 to 2023, the average annual growth rate of value to Chad stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (X% per year) and Central African Republic (X% per year).
Export Prices by Country
The average export price for hot-rolled wire rods in coils stood at $X per ton in 2023, which is down by X% against the previous year. Over the period under review, the export price, however, posted a slight increase. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2023, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chad ($X per ton), while the average price for exports to Central African Republic ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (X%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Hot-Rolled Wire Rods in Coils
Imports into Cameroon
In 2023, approx. X tons of hot-rolled wire rods in coils were imported into Cameroon; increasing by X% on the previous year. In general, imports, however, saw a perceptible contraction. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.
In value terms, hot-rolled wire rod in coils imports surged to $X in 2023. Overall, imports, however, recorded a noticeable curtailment. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked at $X in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.
Imports by Country
Ukraine (X tons), Belarus (X tons) and Portugal (X tons) were the main suppliers of hot-rolled wire rod in coils imports to Cameroon, together comprising X% of total imports.
From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belarus (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Ukraine ($X) constituted the largest supplier of hot-rolled wire rods in coils to Cameroon, comprising X% of total imports. The second position in the ranking was held by Belarus ($X), with a X% share of total imports. It was followed by Portugal, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value from Ukraine was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belarus (X% per year) and Portugal (X% per year).
Import Prices by Country
In 2023, the average import price for hot-rolled wire rods in coils amounted to $X per ton, shrinking by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2022, and then contracted in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Ukraine ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for hot-rolled wire rod in coils in Cameroon. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24106110 - Ribbed or other deformed wire rod (of non-alloy steel)
- Prodcom 24106120 - Wire rod of free-cutting steel
- Prodcom 24106130 - Wire rod used for concrete reinforcing (mesh/cold ribbed bars)
- Prodcom 24106140 - Wire rod for tyre cord
- Prodcom 24106190 - Other wire rod (of non-alloy steel)
- Prodcom 24106300 - Hot-rolled wire rod in coil, of stainless steel
Country coverage:
- Cameroon
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Cameroon
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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