Carbonates; Potassium Carbonate Price in Cameroon - 2022

Contents:

  1. Carbonates; Potassium Carbonate Price in Cameroon (CIF) - 2022
  2. Carbonates; Potassium Carbonate Imports in Cameroon

Carbonates; Potassium Carbonate Price in Cameroon (CIF) - 2022

The average carbonates; potassium carbonate import price stood at $1,771 per ton in 2022, surging by 4% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2021 when the average import price increased by 18% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($1,839 per ton), while the price for Germany stood at $1,581 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic People's Republic of Korea (+30.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Carbonates; Potassium Carbonate Imports in Cameroon

In 2022, imports of carbonates; potassium carbonates into Cameroon was estimated at 1.3K tons, with an increase of 4.2% compared with the previous year's figure. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +7.4% 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 +55.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 50% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, carbonates; potassium carbonate imports stood at $2.4M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +10.0% 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 +90.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 76%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Import of Carbonates; Potassium Carbonate in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea1,1765252461,81715.6%
Germany14317418356157.7%
Democratic People's Republic of KoreaN/A174407N/A133.9%
Italy447N/A1,357N/A74.2%
NetherlandsN/A347N/AN/A0%
Others18.828.41.6N/A-70.8%
Total1,7851,2472,1962,37810.0%

Top Suppliers of Carbonates; Potassium Carbonate to Cameroon in 2022:

  1. South Korea (988.0 tons)
  2. Germany (355.1 tons)

Source: IndexBox Market Intelligence Platform

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