Price for Electric Motors; of an Output Not Exceeding 37.5W in Cameroon - 2022
Contents:
- Price for Electric Motors; of an Output Not Exceeding 37.5W in Cameroon (CIF) - 2022
- Price for Electric Motors; of an Output Not Exceeding 37.5W in Cameroon (FOB) - 2022
- Imports of Electric Motors; of an Output Not Exceeding 37.5W in Cameroon
- Exports of Electric Motors; of an Output Not Exceeding 37.5W in Cameroon
Price for Electric Motors; of an Output Not Exceeding 37.5W in Cameroon (CIF) - 2022
In 2022, the average import price for electric motors amounted to $24 per unit, declining by -24% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by 107% against the previous year. The import price peaked at $142 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($357 per unit), while the price for the United States ($9.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.4%), while the prices for the other major suppliers experienced a decline.
Price for Electric Motors; of an Output Not Exceeding 37.5W in Cameroon (FOB) - 2022
In 2022, the average export price for electric motors amounted to $88 per unit, picking up by 57% against the previous year. Over the period under review, the export price, however, showed a noticeable slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 64%. The export price peaked at $145 per unit 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 the UK ($484 per unit), while the average price for exports to Malaysia ($3.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+52.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electric Motors; of an Output Not Exceeding 37.5W in Cameroon
In 2022, imports of electric motors into Cameroon was estimated at 11K units, therefore, remained relatively stable against the previous year's figure. In general, imports showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 47%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, imports of electric motors fell significantly to $263K in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 68% against the previous year. As a result, imports attained the peak of $343K, and then dropped remarkably in the following year.
| Import of Electric Motors; of an Output Not Exceeding 37.5W in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 37.1 | 49.8 | 37.9 | 62.8 | 19.2% |
| United States | 35.3 | 28.4 | 54.9 | 33.6 | -1.6% |
| India | 11.1 | 5.9 | 7.8 | 5.7 | -19.9% |
| United Arab Emirates | 2.8 | 6.8 | 28.9 | 3.7 | 9.7% |
| Switzerland | 0.7 | 0.5 | 2.3 | 3.6 | 72.6% |
| Turkey | 1.6 | 0.5 | 2.1 | 2.8 | 20.5% |
| Others | 182 | 112 | 209 | 151 | -6.0% |
| Total | 271 | 204 | 343 | 263 | -1.0% |
Top Suppliers of Electric Motors; of an Output Not Exceeding 37.5W to Cameroon in 2022:
- China (5.8K units)
- United States (3.4K units)
- Turkey (0.2K units)
- India (0.2K units)
- Switzerland (0.2K units)
Exports of Electric Motors; of an Output Not Exceeding 37.5W in Cameroon
Exports of electric motors from Cameroon soared to 301 units in 2022, surging by 584% against the previous year's figure. In general, exports posted strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of electric motors soared to $26K in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Electric Motors; of an Output Not Exceeding 37.5W in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.9 | 0.5 | 0.7 | 5.9 | 26.7% |
| Italy | 0.5 | 0.1 | 0.5 | 4.7 | 111.0% |
| Nigeria | 0.5 | 0.2 | 0.5 | 4.2 | 103.3% |
| Canada | 0.1 | 0.1 | 0.3 | 3.8 | 236.2% |
| Malaysia | 0.8 | 0.1 | 0.1 | 0.8 | 0.0% |
| Germany | N/A | N/A | N/A | 0.8 | 0% |
| Others | 3.3 | 0.3 | 0.4 | 6.2 | 23.4% |
| Total | 8.2 | 1.3 | 2.5 | 26.4 | 47.7% |
Top Export Markets for Electric Motors; of an Output Not Exceeding 37.5W from Cameroon in 2022:
- Malaysia (224.0 units)
- Germany (25.0 units)
- United States (13.0 units)
- Italy (10.0 units)
- Nigeria (9.0 units)
- Canada (8.0 units)
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