Loudspeaker Price in Cameroon - 2022
Contents:
- Loudspeaker Price in Cameroon (CIF) - 2022
- Loudspeaker Price in Cameroon (FOB) - 2022
- Loudspeaker Imports in Cameroon
- Loudspeaker Exports in Cameroon
Loudspeaker Price in Cameroon (CIF) - 2022
In 2022, the average loudspeaker import price amounted to $4.4 per unit, rising by 2.9% against the previous year. Overall, the import price, however, showed a abrupt slump. The pace of growth was the most pronounced in 2016 when the average import price increased by 65% against the previous year. As a result, import price reached the peak level of $19 per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($28 per unit), while the price for China ($2.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.4%), while the prices for the other major suppliers experienced a decline.
Loudspeaker Price in Cameroon (FOB) - 2022
In 2022, the average loudspeaker export price amounted to $42 per unit, increasing by 15% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 287% against the previous year. Over the period under review, the average export prices attained the peak figure at $53 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($189 per unit), while the average price for exports to Slovakia ($4.8 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 Singapore (+28.6%), while the prices for the other major destinations experienced more modest paces of growth.
Loudspeaker Imports in Cameroon
After three years of growth, overseas purchases of single loudspeakers (in enclosure) decreased by -11% to 1.2M units in 2022. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. As a result, imports attained the peak of 1.3M units, and then contracted in the following year.
In value terms, loudspeaker imports contracted to $5.2M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.6% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 40% against the previous year. Over the period under review, imports hit record highs at $5.6M in 2021, and then fell in the following year.
| Import of Loudspeaker in Cameroon (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.6 | 2.7 | 3.4 | 2.3 | 12.9% |
| United Arab Emirates | 0.3 | 0.6 | 0.3 | 1.3 | 63.0% |
| Greece | 0.5 | 0.7 | 0.7 | 0.5 | 0.0% |
| Others | 1.0 | 0.7 | 1.2 | 1.1 | 3.2% |
| Total | 3.4 | 4.7 | 5.6 | 5.2 | 15.2% |
Top Suppliers of Loudspeaker to Cameroon in 2022:
- China (1029.6K units)
- United Arab Emirates (86.1K units)
- Greece (17.4K units)
Loudspeaker Exports in Cameroon
In 2022, overseas shipments of single loudspeakers (in enclosure) were finally on the rise to reach 288 units after two years of decline. In general, exports, however, recorded a precipitous descent. The exports peaked at 603 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, loudspeaker exports soared to $12K in 2022. Over the period under review, exports, however, showed a abrupt slump. The exports peaked at $21K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
| Export of Loudspeaker in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 6.0 | 9.4 | 1.6 | 6.2 | 1.1% |
| United States | 5.5 | 7.0 | 1.0 | 3.0 | -18.3% |
| Central African Republic | 0.2 | 0.9 | 0.2 | 0.8 | 58.7% |
| Malaysia | 1.0 | 0.9 | 0.2 | 0.8 | -7.2% |
| Cote d'Ivoire | 0.1 | 0.4 | 0.2 | 0.6 | 81.7% |
| Canada | 0.8 | 1.0 | 0.1 | 0.4 | -20.6% |
| Slovakia | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Kenya | 4.2 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 1.1 | N/A | 0.2 | 0.0% |
| Total | 18.1 | 20.7 | 3.4 | 12.1 | -12.6% |
Top Export Markets for Loudspeaker from Cameroon in 2022:
- Finland (109.0 units)
- Malaysia (51.0 units)
- Central African Republic (32.0 units)
- Canada (24.0 units)
- Cote d'Ivoire (24.0 units)
- Slovakia (22.0 units)
- United States (16.0 units)
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