Isolating Switch Price in Cameroon - 2022

Contents:

1. Isolating Switch Price in Cameroon (CIF) - 2022
2. Isolating Switch Price in Cameroon (FOB) - 2022
3. Isolating Switch Imports in Cameroon
4. Isolating Switch Exports in Cameroon

Isolating Switch Price in Cameroon (CIF) - 2022

In 2022, the average isolating switch import price amounted to $14 per unit, shrinking by -23.3% against the previous year. Overall, the import price saw a mild reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 60% against the previous year. As a result, import price reached the peak level of $19 per unit, and then dropped significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($37 per unit), while the price for Tunisia ($1.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Isolating Switch Price in Cameroon (FOB) - 2022

In 2022, the average isolating switch export price amounted to $19 per unit, rising by 49% against the previous year. In general, the export price, however, continues to indicate a noticeable setback. The pace of growth was the most pronounced in 2019 an increase of 165% against the previous year. The export price peaked at $59 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Congo ($130 per unit), while the average price for exports to Central African Republic ($5.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Congo (+0.3%), while the prices for the other major destinations experienced a decline.

Isolating Switch Imports in Cameroon

After two years of decline, overseas purchases of isolating switches & make-and-break switches increased by 40% to 88K units in 2022. In general, imports, however, saw a abrupt decrease. Over the period under review, imports hit record highs at 136K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, isolating switch imports expanded notably to $1.3M in 2022. Overall, imports, however, saw a deep slump. Imports peaked at $1.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Isolating Switch to Cameroon in 2022:

1. Spain (9.0K units)
2. India (7.5K units)
3. Morocco (5.8K units)
4. France (3.3K units)
5. China (2.1K units)
6. Tunisia (2.0K units)
7. Italy (1.8K units)

Isolating Switch Exports in Cameroon

In 2022, after three years of growth, there was significant decline in shipments abroad of isolating switches & make-and-break switches, when their volume decreased by -30% to 35 units. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 138%. As a result, the exports attained the peak of 50 units, and then fell remarkably in the following year.

In value terms, isolating switch exports rose to $676 in 2022. The total export value increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 32%. As a result, the exports attained the peak of $695. From 2021 to 2022, the growth of the exports failed to regain momentum.

Top Export Markets for Isolating Switch from Cameroon in 2022:

1. Central African Republic (29.0 units)
2. Congo (3.0 units)
3. Chad (3.0 units)

Source: IndexBox Market Intelligence Platform