Cameroon - Electric Water Heaters And Immersion Heaters - Market Analysis, Forecast, Size, Trends and Insights
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View PricingElectric Water Heater Price in Cameroon - 2022
Contents:
- Electric Water Heater Price in Cameroon (CIF) - 2022
- Electric Water Heater Price in Cameroon (FOB) - 2022
- Electric Water Heater Imports in Cameroon
- Electric Water Heater Exports in Cameroon
Electric Water Heater Price in Cameroon (CIF) - 2022
In 2022, the average electric water heater import price amounted to $67 per unit, reducing by -5.6% against the previous year. Overall, the import price showed a slight slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 13%. The import price peaked at $74 per unit in 2014; however, from 2015 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 Egypt ($89 per unit), while the price for Brazil ($9.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Water Heater Price in Cameroon (FOB) - 2022
The average electric water heater export price stood at $68 per unit in 2022, therefore, remained relatively stable against the previous year. In general, the export price, however, saw a buoyant increase. The growth pace was the most rapid in 2014 when the average export price increased by 341%. The export price peaked at $70 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Congo ($70 per unit), while the average price for exports to Ghana ($3 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 Congo (+42.7%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Water Heater Imports in Cameroon
In 2022, the amount of electric water heaters and immersion heaters imported into Cameroon rose slightly to 13K units, picking up by 3.7% on the previous year's figure. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 22%. As a result, imports attained the peak of 14K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, electric water heater imports declined slightly to $899K in 2022. The total import value increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 22% against the previous year. Imports peaked at $918K in 2021, and then shrank modestly in the following year.
| Import of Electric Water Heater in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 369 | 393 | 343 | 356 | -1.2% |
| Italy | 43.5 | 70.9 | 151 | 167 | 56.6% |
| United Arab Emirates | 17.3 | 54.7 | 129 | 88.2 | 72.1% |
| Egypt | 69.0 | 126 | 101 | 75.2 | 2.9% |
| France | 49.3 | 82.8 | 42.4 | 55.6 | 4.1% |
| Singapore | 4.2 | 3.1 | 11.1 | 20.1 | 68.5% |
| Belgium | 30.1 | 16.0 | 18.3 | 9.3 | -32.4% |
| Brazil | 6.4 | 21.1 | 18.1 | 4.1 | -13.8% |
| Others | 130 | 111 | 105 | 123 | -1.8% |
| Total | 718 | 879 | 918 | 899 | 7.8% |
Top Suppliers of Electric Water Heater to Cameroon in 2022:
- China (5.5K units)
- Italy (2.2K units)
- United Arab Emirates (1.1K units)
- Egypt (0.8K units)
- France (0.8K units)
- Singapore (0.6K units)
- Brazil (0.4K units)
- Belgium (0.1K units)
Electric Water Heater Exports in Cameroon
In 2022, after three years of growth, there was significant decline in shipments abroad of electric water heaters and immersion heaters, when their volume decreased by -21.8% to 122 units. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 536%. The exports peaked at 156 units in 2021, and then reduced sharply in the following year.
In value terms, electric water heater exports fell dramatically to $8.3K in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 514% against the previous year. Over the period under review, the exports reached the peak figure at $11K in 2021, and then shrank notably in the following year.
| Export of Electric Water Heater in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Central African Republic | 0.8 | 4.1 | 7.3 | 5.7 | 92.4% |
| Congo | 0.1 | 1.2 | 3.4 | 2.7 | 200.0% |
| Cote d'Ivoire | N/A | 0.5 | N/A | N/A | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 1.0 | 5.9 | 10.8 | 8.3 | 102.5% |
Top Export Markets for Electric Water Heater from Cameroon in 2022:
- Central African Republic (82.0 units)
- Congo (38.0 units)
This report provides an in-depth analysis of the electric water heater market 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 27512530 - Electric instantaneous water heaters
- Prodcom 27512550 -
- Prodcom 27512570 -
- Prodcom 27512560 - Electric water heaters and immersion heaters (excluding instantaneous water heaters)
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
-
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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