Motorcycle Tire Price in Cameroon - 2022
Contents:
- Motorcycle Tire Price in Cameroon (CIF) - 2022
- Motorcycle Tire Price in Cameroon (FOB) - 2022
- Motorcycle Tire Imports in Cameroon
- Motorcycle Tire Exports in Cameroon
Motorcycle Tire Price in Cameroon (CIF) - 2022
In 2022, the average motorcycle tire import price amounted to $31 per unit, reducing by -12% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, motorcycle tire import price decreased by +0.1% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 69% against the previous year. Over the period under review, average import prices reached the maximum at $37 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($42 per unit), while the price for Hong Kong SAR ($27 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 (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Motorcycle Tire Price in Cameroon (FOB) - 2022
The average motorcycle tire export price stood at $24 per unit in 2022, declining by -31.9% against the previous year. Over the period under review, the export price, however, saw slight growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 40%. The export price peaked at $55 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
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 Sao Tome and Principe ($37 per unit), while the average price for exports to the Philippines ($12 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 (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Motorcycle Tire Imports in Cameroon
In 2022, approx. 124K units of new pneumatic tyres for motorcycles were imported into Cameroon; increasing by 747% against the previous year's figure. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 822% against the previous year. As a result, imports reached the peak of 232K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, motorcycle tire imports surged to $3.8M in 2022. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 738%. As a result, imports attained the peak of $7.1M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Motorcycle Tire in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 592 | 4,378 | 185 | 1,733 | 43.1% |
| Vietnam | 56.2 | 640 | 185 | 988 | 160.0% |
| Hong Kong SAR | 95.5 | 1,052 | 75.3 | 610 | 85.5% |
| India | 37.6 | 204 | 16.1 | 110 | 43.0% |
| Nigeria | 8.7 | 250 | 14.1 | 95.6 | 122.3% |
| United Arab Emirates | 16.3 | 156 | 9.7 | 68.2 | 61.1% |
| Others | 37.1 | 387 | 22.9 | 183 | 70.2% |
| Total | 843 | 7,067 | 508 | 3,787 | 65.0% |
Top Suppliers of Motorcycle Tire to Cameroon in 2022:
- China (60.0K units)
- Vietnam (30.4K units)
- Hong Kong SAR (22.7K units)
- India (3.8K units)
- Nigeria (3.3K units)
- United Arab Emirates (1.6K units)
Motorcycle Tire Exports in Cameroon
For the fourth year in a row, Cameroon recorded growth in overseas shipments of new pneumatic tyres for motorcycles, which increased by 1.2% to 263 units in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 533% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, motorcycle tire exports dropped dramatically to $6.4K in 2022. In general, exports posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 324% against the previous year. The exports peaked at $9.3K in 2021, and then reduced remarkably in the following year.
| Export of Motorcycle Tire in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sao Tome and Principe | 0.5 | 2.5 | 4.6 | 3.2 | 85.7% |
| Philippines | N/A | N/A | N/A | 1.5 | 0% |
| Central African Republic | 0.1 | 0.4 | 2.2 | 0.9 | 108.0% |
| Congo | 0.1 | 0.5 | 2.5 | 0.9 | 108.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.8 | 3.5 | 9.3 | 6.4 | 100.0% |
Top Export Markets for Motorcycle Tire from Cameroon in 2022:
- Philippines (126.0 units)
- Sao Tome and Principe (85.0 units)
- Congo (27.0 units)
- Central African Republic (25.0 units)
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