Cameroon - Iron Or Steel Chain - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Cameroon - Iron Or Steel Chain - Market Analysis, Forecast, Size, Trends And Insights

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Metal Chain Price in Cameroon - 2022

Contents:

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

Metal Chain Price in Cameroon (CIF) - 2022

The average metal chain import price stood at $5,378 per ton in 2022, falling by -24.6% against the previous year. Overall, the import price recorded a noticeable reduction. The most prominent rate of growth was recorded in 2020 an increase of 39% against the previous year. The import price peaked at $9,811 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 ($73,741 per ton), while the price for Brazil ($1,044 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+27.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Metal Chain Price in Cameroon (FOB) - 2022

In 2022, the average metal chain export price amounted to $4,392 per ton, with an increase of 1.7% against the previous year. Overall, the export price, however, saw a deep slump. The pace of growth was the most pronounced in 2018 an increase of 20% against the previous year. The export price peaked at $11,330 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Central African Republic ($39,238 per ton), while the average price for exports to South Africa ($208 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+23.0%), while the prices for the other major destinations experienced a decline.

Metal Chain Imports in Cameroon

For the fourth consecutive year, Cameroon recorded growth in purchases abroad of iron or steel chain, which increased by 28% to 61 tons in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 46%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, metal chain imports reduced slightly to $329K in 2022. In general, imports posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 103%.

Import of Metal Chain in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China43.129.629.913646.7%
France16.425.646.046.041.0%
Germany19.446.411143.731.1%
Italy26.255.041.929.13.6%
Netherlands11.759.023.720.921.3%
Spain0.147.32.310.2367.2%
United Kingdom4.50.68.84.60.7%
United Arab Emirates0.14.16.44.1244.8%
Brazil4.25.53.03.3-7.7%
Taiwan (Chinese)0.72.83.31.734.4%
GabonN/AN/A7.9N/A0%
Others29.640.457.329.70.1%
Total15631634232928.2%

Top Suppliers of Metal Chain to Cameroon in 2022:

  1. China (45.3 tons)
  2. United Arab Emirates (3.4 tons)
  3. Brazil (3.2 tons)
  4. Italy (2.7 tons)
  5. France (1.3 tons)
  6. Taiwan (Chinese) (1.0 tons)
  7. Germany (0.9 tons)
  8. United Kingdom (0.8 tons)
  9. Netherlands (0.4 tons)
  10. Spain (0.3 tons)

Metal Chain Exports in Cameroon

After two years of decline, shipments abroad of iron or steel chain increased by 27% to 806 kg in 2022. Overall, exports, however, faced a precipitous contraction.

In value terms, metal chain exports surged to $3.5K in 2022. In general, exports, however, saw a dramatic slump.

Export of Metal Chain in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Congo5.82.22.02.2-27.6%
Central African Republic0.70.70.30.84.6%
France0.90.80.30.3-30.7%
Equatorial Guinea1.10.70.10.1-55.0%
Lebanon1.1N/AN/AN/A0%
South AfricaN/AN/AN/AN/A0%
Romania1.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total10.64.32.73.5-30.9%

Top Export Markets for Metal Chain from Cameroon in 2022:

  1. Congo (423.0 kg)
  2. Equatorial Guinea (306.0 kg)
  3. France (32.0 kg)
  4. South Africa (24.0 kg)
  5. Central African Republic (21.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal chain market in Cameroon. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25931750 - Iron or steel chain excluding articulated link chain, skid chain, s tud-link and welded link chain - chain saws, or other articles in which chains play a subsidiary role, surveying chains

Country coverage:

  • Cameroon

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Cameroon
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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