Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Cameroon - 2022

Contents:

1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Cameroon (CIF) - 2022
2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Cameroon (FOB) - 2022
3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Cameroon
4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Cameroon

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Cameroon (CIF) - 2022

The average import price for tubing; flexible, with or without fittings, of base metals stood at $5,929 per ton in 2022, with a decrease of -53.2% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2015 when the average import price increased by 179%. As a result, import price reached the peak level of $14,788 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 Congo ($31,718 per ton), while the price for China ($2,144 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Congo (+17.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Cameroon (FOB) - 2022

In 2022, the average export price for tubing; flexible, with or without fittings, of base metals amounted to $3,980 per ton, shrinking by -45.1% against the previous year. In general, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2013 an increase of 120% against the previous year. The export price peaked at $19,420 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Equatorial Guinea ($14,624 per ton), while the average price for exports to Central African Republic ($1,363 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Gabon (-3.8%), while the prices for the other major destinations experienced a decline.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Cameroon

Imports of tubing; flexible, with or without fittings, of base metals into Cameroon surged to 111 tons in 2022, growing by 138% on the previous year. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of tubing; flexible, with or without fittings, of base metals rose rapidly to $657K in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.6% 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 increased by +62.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Cameroon in 2022:

1. China (82.5 tons)
2. Congo (8.5 tons)
3. United Arab Emirates (5.6 tons)
4. Spain (3.1 tons)
5. Italy (2.7 tons)
6. United States (1.8 tons)
7. Turkey (1.7 tons)
8. France (1.5 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Cameroon

In 2022, after three years of growth, there was significant decline in shipments abroad of tubing; flexible, with or without fittings, of base metals, when their volume decreased by -13.7% to 20 tons. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 575%. As a result, the exports attained the peak of 23 tons, and then contracted in the following year.

In value terms, exports of tubing; flexible, with or without fittings, of base metals dropped dramatically to $78K in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 340%. As a result, the exports attained the peak of $165K, and then fell notably in the following year.

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Cameroon in 2022:

1. Central African Republic (8.7 tons)
2. Congo (8.0 tons)
3. Equatorial Guinea (2.6 tons)
4. Gabon (0.3 tons)

Source: IndexBox Market Intelligence Platform