Hardboard Price in Cameroon - 2021
Contents:
Hardboard Price in Cameroon (CIF) - 2022
The average hardboard import price stood at $401 per cubic meter in 2022, waning by -42.8% against the previous year. Overall, the import price, however, continues to indicate a moderate expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 160% against the previous year. Over the period under review, average import prices attained the peak figure at $1,106 per cubic meter in 2015; however, from 2016 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 China ($743 per cubic meter), while the price for Sweden ($132 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+54.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Hardboard Imports in Cameroon
In 2022, hardboard imports into Cameroon declined dramatically to 19 cubic meters, shrinking by -45.7% on the year before. Overall, imports recorded a slight reduction. The growth pace was the most rapid in 2021 when imports increased by 94%. As a result, imports reached the peak of 35 cubic meters, and then plummeted in the following year.
In value terms, hardboard imports dropped markedly to $7.6K in 2022. In general, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 132%. As a result, imports attained the peak of $25K, and then fell markedly in the following year.
| Import of Hardboard in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.2 | 0.8 | 10.9 | 3.1 | 149.3% |
| China | 4.6 | 3.5 | 10.3 | 3.0 | -13.3% |
| Turkey | 4.0 | 2.7 | 2.2 | 0.8 | -41.5% |
| France | 3.0 | 2.8 | 1.1 | 0.5 | -45.0% |
| Sweden | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | 0.8 | N/A | 0.1 | -64.6% |
| Total | 12.0 | 10.6 | 24.6 | 7.6 | -14.1% |
Top Suppliers of Hardboard to Cameroon in 2022:
- Belgium (8.0 cubic meters)
- Turkey (4.0 cubic meters)
- China (4.0 cubic meters)
- France (1.0 cubic meters)
- Sweden (1.0 cubic meters)
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