Price for Fertilizers; Mineral or Chemical, Nitrogenous in Cameroon - 2022
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Cameroon (CIF) - 2022
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Cameroon (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Cameroon
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Cameroon
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Cameroon (CIF) - 2022
The average import price for fertilizers; mineral or chemical, nitrogenoi stood at $214 per ton in 2022, with a decrease of -22.6% against the previous year. In general, the import price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by 51% against the previous year. The import price peaked at $362 per ton 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 Sweden ($417 per ton), while the price for the United States ($126 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Cameroon (FOB) - 2022
The average export price for fertilizers; mineral or chemical, nitrogenoi stood at $479 per ton in 2022, with an increase of 25% against the previous year. In general, the export price, however, showed a pronounced curtailment. Over the period under review, the average export prices attained the maximum at $743 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Chad ($481 per ton), while the average price for exports to Central African Republic amounted to $448 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Central African Republic (-3.2%).
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Cameroon
Fertilizers; mineral or chemical, nitrogenous imports into Cameroon surged to 165K tons in 2022, jumping by 55% on 2021. In general, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 102%. As a result, imports reached the peak of 224K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, fertilizers; mineral or chemical, nitrogenous imports skyrocketed to $35M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 90% against the previous year. As a result, imports attained the peak of $41M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Fertilizers; Mineral or Chemical, Nitrogenous in Cameroon (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 5.4 | N/A | N/A | 17.1 | 46.8% |
| United States | 1.0 | 0.7 | 2.9 | 6.1 | 82.7% |
| China | 1.9 | 1.9 | 0.2 | 3.4 | 21.4% |
| Belgium | 0.6 | 0.6 | 2.3 | 2.1 | 51.8% |
| Sweden | N/A | N/A | 1.1 | 1.2 | 9.1% |
| South Korea | N/A | 0.2 | 1.0 | 1.1 | 134.5% |
| Russia | 8.1 | 8.3 | 12.7 | N/A | 25.2% |
| Poland | 1.5 | 2.3 | 2.3 | N/A | 23.8% |
| Iran | N/A | 21.6 | N/A | N/A | 0% |
| Others | 3.1 | 5.5 | 6.9 | 4.4 | 12.4% |
| Total | 21.7 | 41.1 | 29.5 | 35.3 | 17.6% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Cameroon in 2022:
- Nigeria (64.6K tons)
- United States (48.0K tons)
- China (21.5K tons)
- Belgium (8.3K tons)
- Sweden (2.9K tons)
- South Korea (2.6K tons)
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Cameroon
In 2022, overseas shipments of fertilizers; mineral or chemical, nitrogenoi were finally on the rise to reach 3.7K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a sharp curtailment.
In value terms, fertilizers; mineral or chemical, nitrogenous exports skyrocketed to $1.8M in 2022. Overall, exports, however, continue to indicate a abrupt contraction.
| Export of Fertilizers; Mineral or Chemical, Nitrogenous in Cameroon (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chad | 2.9 | 3.1 | 0.1 | 1.6 | -18.0% |
| Central African Republic | 0.3 | 0.1 | N/A | 0.1 | -30.7% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 3.1 | 3.2 | 0.3 | 1.8 | -16.6% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Cameroon in 2022:
- Chad (3.4K tons)
- Central African Republic (0.3K tons)
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