Waferboard Price in Cameroon - 2021

Contents:

  1. Waferboard Price in Cameroon (CIF) - 2022
  2. Waferboard Price in Cameroon (FOB) - 2022
  3. Waferboard Imports in Cameroon
  4. Waferboard Exports in Cameroon

Waferboard Price in Cameroon (CIF) - 2022

The average waferboard import price stood at $537 per cubic meter in 2022, increasing by 6.6% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, waferboard import price increased by +33.6% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 60%. The import price peaked at $585 per cubic meter in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 Cote d'Ivoire ($1,022 per cubic meter), while the price for Belgium ($44 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+48.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Waferboard Price in Cameroon (FOB) - 2022

In 2022, the average waferboard export price amounted to $649 per cubic meter, remaining stable against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 a decrease of 99.9% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,411 per cubic meter in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Morocco.

From 2014 to 2022, the rate of growth in terms of prices for Jordan amounted to 0.0% per year.

Waferboard Imports in Cameroon

In 2022, overseas purchases of waferboards were finally on the rise to reach 125 cubic meters after two years of decline. Overall, imports, however, continue to indicate a drastic downturn. Imports peaked at 211 cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, waferboard imports rose significantly to $67K in 2022. In general, imports, however, recorded a deep reduction. Imports peaked at $88K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Waferboard in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey36.018.510.831.8-4.1%
France7.60.90.910.912.8%
Cote d'Ivoire28.739.915.75.1-43.8%
GermanyN/AN/AN/A2.60%
China9.40.10.91.4-47.0%
Spain3.60.82.00.9-37.0%
BrazilN/A5.711.5N/A101.8%
Others2.93.217.114.571.0%
Total88.269.158.967.1-8.7%

Top Suppliers of Waferboard to Cameroon in 2022:

  1. Turkey (81.0 cubic meters)
  2. France (12.0 cubic meters)
  3. Germany (5.0 cubic meters)
  4. Cote d'Ivoire (5.0 cubic meters)
  5. China (1.0 cubic meters)
  6. Spain (1.0 cubic meters)

Waferboard Exports in Cameroon

In 2022, approx. 41 cubic meters of waferboards were exported from Cameroon; remaining constant against 2021. Over the period under review, exports saw a sharp descent. The smallest decline of 99.9% was in 2021. Over the period under review, the exports reached the peak figure at 76 cubic meters in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, waferboard exports amounted to $27K in 2022. In general, exports faced a dramatic shrinkage. The smallest decline of 99.9% was in 2021. Over the period under review, the exports reached the maximum at $47K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Export of Waferboard in Cameroon (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
MoroccoN/AN/A26.60%
Saudi Arabia46.4N/AN/A0%
Others0.4N/AN/A0%
Total46.7N/A26.6-24.5%

Top Export Markets for Waferboard from Cameroon in 2022:

  1. Morocco (41.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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