Granite Building Stone Price in Cameroon - 2021
Contents:
- Granite Building Stone Price in Cameroon (CIF) - 2022
- Granite Building Stone Price in Cameroon (FOB) - 2022
- Granite Building Stone Imports in Cameroon
- Granite Building Stone Exports in Cameroon
Granite Building Stone Price in Cameroon (CIF) - 2022
In 2022, the average granite building stone import price amounted to $714 per ton, surging by 3.6% against the previous year. In general, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, granite building stone import price increased by +57.5% against 2017 indices. The growth pace was the most rapid in 2018 when the average import price increased by 44%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +4.5% per year.
Granite Building Stone Price in Cameroon (FOB) - 2022
In 2022, the average granite building stone export price amounted to $316 per ton, dropping by -3.6% against the previous year. Overall, the export price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2016 when the average export price increased by 180%. Over the period under review, the average export prices hit record highs at $2,078 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 Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -3.7% per year.
Granite Building Stone Imports in Cameroon
In 2022, the amount of granite building stone imported into Cameroon dropped rapidly to 1.2K tons, waning by -24.8% against the previous year's figure. Overall, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 6.9% against the previous year.
In value terms, granite building stone imports fell significantly to $875K in 2022. In general, imports saw a perceptible slump. The growth pace was the most rapid in 2021 when imports increased by 6.4%. As a result, imports attained the peak of $1.1M, and then declined markedly in the following year.
| Import of Granite Building Stone in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 3.2 | 77.0 | 32.7 | 875 | 549.1% |
| Spain | 107 | 66.9 | 54.3 | N/A | -28.8% |
| China | 634 | 519 | 547 | N/A | -7.1% |
| Lebanon | N/A | 36.0 | 323 | N/A | 797.2% |
| India | 69.6 | 14.8 | 16.5 | N/A | -51.3% |
| Turkey | 92.1 | 314 | 114 | N/A | 11.3% |
| Others | 91.7 | 28.5 | 36.6 | N/A | -36.8% |
| Total | 998 | 1,056 | 1,124 | 875 | -4.3% |
Top Suppliers of Granite Building Stone to Cameroon in 2022:
- United Arab Emirates (1.2K tons)
Granite Building Stone Exports in Cameroon
In 2022, approx. 825 tons of granite building stone were exported from Cameroon; picking up by 13% against the previous year's figure. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 349% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, granite building stone exports rose sharply to $261K in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 596%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Granite Building Stone in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | 120 | 130 | 8.3% |
| South Korea | N/A | 34.5 | N/A | N/A | 0% |
| Others | 34.7 | N/A | 120 | 130 | 55.3% |
| Total | 34.7 | 34.5 | 240 | 261 | 95.9% |
Top Export Markets for Granite Building Stone from Cameroon in 2022:
- Germany (412.6 tons)
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