Chlorides; of Aluminium Price in Cameroon - 2022

Contents:

  1. Chlorides; of Aluminium Price in Cameroon (CIF) - 2022
  2. Chlorides; of Aluminium Imports in Cameroon

Chlorides; of Aluminium Price in Cameroon (CIF) - 2022

The average chlorides; of aluminium import price stood at $1,608 per ton in 2022, picking up by 14% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chlorides; of aluminium import price decreased by -11.5% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 90%. Over the period under review, average import prices hit record highs at $2,223 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 the United States ($3,530 per ton), while the price for Belgium ($740 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+43.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorides; of Aluminium Imports in Cameroon

Chlorides; of aluminium imports into Cameroon surged to 8.8 tons in 2022, jumping by 50% on the year before. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 290%. As a result, imports reached the peak of 12 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, chlorides; of aluminium imports skyrocketed to $14K in 2022. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 374%. As a result, imports attained the peak of $20K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Chlorides; of Aluminium in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.64.62.55.248.1%
GermanyN/A4.02.24.67.2%
France1.92.81.63.522.6%
Belgium0.20.5N/A0.314.5%
Spain0.20.20.10.314.5%
KenyaN/A0.31.0N/A233.3%
United Arab EmiratesN/A3.6N/AN/A0%
ItalyN/A3.9N/AN/A0%
Others0.50.20.80.4-7.2%
Total4.220.28.314.250.1%

Top Suppliers of Chlorides; of Aluminium to Cameroon in 2022:

  1. Germany (4.7 tons)
  2. France (1.7 tons)
  3. United States (1.5 tons)
  4. Belgium (0.4 tons)
  5. Spain (0.2 tons)

Source: IndexBox Market Intelligence Platform

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