Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Cameroon - 2022

Contents:

1. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Cameroon (CIF) - 2022
2. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Cameroon (FOB) - 2022
3. Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Cameroon
4. Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Cameroon

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Cameroon (CIF) - 2022

In 2022, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $2,222 per ton, falling by -22.4% against the previous year. Overall, the import price saw a noticeable contraction. The growth pace was the most rapid in 2021 when the average import price increased by 17% against the previous year. The import price peaked at $2,975 per ton in 2013; however, from 2014 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 South Korea ($5,628 per ton), while the price for India ($1,850 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Cameroon (FOB) - 2022

The average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $2,342 per ton in 2022, falling by -34.9% against the previous year. Overall, the export price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2017 an increase of 39%. The export price peaked at $3,597 per ton in 2021, and then reduced notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Congo ($3,222 per ton), while the average price for exports to Central African Republic ($673 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 France (+13.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Cameroon

Imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s into Cameroon soared to 9.4K tons in 2022, picking up by 101% on the year before. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 5,864%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s soared to $21M in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 6,892%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Cameroon in 2022:

1. China (8.3K tons)
2. South Korea (0.7K tons)
3. India (0.3K tons)
4. Greece (0.1K tons)

Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Cameroon

In 2022, approx. 110 tons of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s were exported from Cameroon; surging by 5.1% against the previous year. Over the period under review, exports saw a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 171% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s declined markedly to $257K in 2022. Overall, exports saw measured growth. The most prominent rate of growth was recorded in 2021 with an increase of 253%. As a result, the exports reached the peak of $375K, and then declined notably in the following year.

Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from Cameroon in 2022:

1. Togo (59.5 tons)
2. Cote d'Ivoire (34.2 tons)
3. Congo (13.8 tons)

Source: IndexBox Market Intelligence Platform