Chipped Coniferous Wood Price in Cameroon - 2022
Contents:
Chipped Coniferous Wood Price in Cameroon (FOB) - 2022
In 2022, the average chipped coniferous wood export price amounted to $86 per cubic meter, with an increase of 3.4% against the previous year. In general, the export price, however, continues to indicate a drastic downturn. The growth pace was the most rapid in 2020 when the average export price increased by 68%. The export price peaked at $230 per cubic meter 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 Chad.
From 2012 to 2022, the rate of growth in terms of prices for Chad amounted to -9.7% per year.
Chipped Coniferous Wood Exports in Cameroon
In 2022, shipments abroad of coniferous wood in chips or particles decreased by -8% to 589 cubic meters for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 218%. Over the period under review, the exports attained the maximum at 640 cubic meters in 2021, and then contracted in the following year.
In value terms, chipped coniferous wood exports declined modestly to $51K in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 436%. The exports peaked at $53K in 2021, and then reduced in the following year.
| Export of Chipped Coniferous Wood in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chad | 9.0 | 6.9 | 49.9 | 47.1 | 73.6% |
| Central African Republic | N/A | 1.6 | 3.2 | N/A | 100.0% |
| Saudi Arabia | N/A | 39.5 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 3.4 | 0% |
| Total | 9.0 | 48.0 | 53.1 | 50.6 | 77.8% |
Top Export Markets for Chipped Coniferous Wood from Cameroon in 2022:
- Chad (575.0 cubic meters)
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