Cameroon - Alkyd Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 2, 2024

Cameroon - Alkyd Resins In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Alkyd Resins Price in Cameroon - 2022

Contents:

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

Alkyd Resins Price in Cameroon (CIF) - 2022

In 2022, the average alkyd resins import price amounted to $1,729 per ton, falling by -7.2% against the previous year. Overall, the import price continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 an increase of 18%. Over the period under review, average import prices hit record highs at $2,523 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($3,257 per ton), while the price for the United Arab Emirates ($1,131 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Alkyd Resins Price in Cameroon (FOB) - 2022

In 2022, the average alkyd resins export price amounted to $2,267 per ton, approximately equating the previous year. Overall, the export price, however, recorded a pronounced decrease. The pace of growth was the most pronounced in 2017 an increase of 5.2%. Over the period under review, the average export prices hit record highs at $3,045 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Gabon amounted to -4.3% per year.

Alkyd Resins Imports in Cameroon

In 2022, after three years of growth, there was significant decline in purchases abroad of alkyd resins in primary forms, when their volume decreased by -6.3% to 1.3K tons. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.7% 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 increased by +84.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 71%.

In value terms, alkyd resins imports declined to $2.2M in 2022. In general, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 61% against the previous year.

Import of Alkyd Resins in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany26143876676543.1%
Egypt17560766551042.8%
Tunisia18033446542333.0%
Poland52.043.096.982.716.7%
Italy71.049.573.074.41.6%
Bulgaria12521.389.864.0-20.0%
Turkey17.061.748.362.254.1%
France81.775.266.047.5-16.5%
United Arab Emirates7.611.215.825.048.7%
Others173196204109-14.3%
Total1,1431,8372,4892,16323.7%

Top Suppliers of Alkyd Resins to Cameroon in 2022:

  1. Germany (389.9 tons)
  2. Tunisia (318.0 tons)
  3. Egypt (262.8 tons)
  4. Bulgaria (52.6 tons)
  5. Turkey (51.2 tons)
  6. Italy (37.3 tons)
  7. France (33.1 tons)
  8. Poland (25.4 tons)
  9. United Arab Emirates (22.1 tons)

Alkyd Resins Exports in Cameroon

After three years of growth, shipments abroad of alkyd resins in primary forms decreased by -5.8% to 4.7 tons in 2022. The total export volume increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 13%.

In value terms, alkyd resins exports declined to $11K in 2022. The total export value increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 12%. As a result, the exports attained the peak of $11K, and then contracted in the following year.

Export of Alkyd Resins in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Gabon9.010.111.210.75.9%
OthersN/AN/AN/AN/A0%
Total9.010.111.210.75.9%

Top Export Markets for Alkyd Resins from Cameroon in 2022:

  1. Gabon (4.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the alkyd resins 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 20164050 - Alkyd resins, in primary forms

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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