Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Cameroon - 2022

Contents:

  1. Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Cameroon (CIF) - 2022
  2. Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Cameroon (FOB) - 2022
  3. Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Cameroon
  4. Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Cameroon

Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Cameroon (CIF) - 2022

The average import price for articles of apparel and clothing accessories, of leather or of composition leather stood at $2.8 per unit in 2022, increasing by 11% against the previous year. Overall, the import price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 37%. The import price peaked at $6.6 per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 France ($14 per unit), while the price for Slovakia ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Cameroon (FOB) - 2022

In 2022, the average export price for articles of apparel and clothing accessories, of leather or of composition leather amounted to $5.7 per unit, dropping by -15% against the previous year. In general, the export price saw a deep slump. The pace of growth was the most pronounced in 2018 an increase of 40%. The export price peaked at $17 per unit in 2012; however, from 2013 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 Italy ($582 per unit), while the average price for exports to Bangladesh ($0.6 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 Italy (+27.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Cameroon

In 2022, the amount of articles of apparel and clothing accessories, of leather or of composition leather imported into Cameroon expanded to 290K units, with an increase of 3.2% on the year before. The total import volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 30% against the previous year. As a result, imports attained the peak of 338K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of articles of apparel and clothing accessories, of leather or of composition leather rose sharply to $822K in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 32%. As a result, imports reached the peak of $926K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France26.617.228.610156.0%
China28145030699.5-29.3%
India22.011.043.680.854.3%
Italy48.240.129.332.5-12.3%
Spain4.09.63.925.184.4%
United Arab Emirates1.111.46.23.952.5%
Slovakia2.42.92.02.0-5.9%
Others31438330047715.0%
Total6999267198225.6%

Top Suppliers of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather to Cameroon in 2022:

  1. China (109.2K units)
  2. Italy (29.2K units)
  3. Spain (14.7K units)
  4. India (8.3K units)
  5. France (7.3K units)
  6. United Arab Emirates (5.2K units)
  7. Slovakia (3.4K units)

Exports of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Cameroon

After two years of decline, shipments abroad of articles of apparel and clothing accessories, of leather or of composition leather increased by 31% to 1.6K units in 2022. Overall, exports, however, faced a dramatic decrease. Over the period under review, the exports of reached the maximum at 3.2K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of articles of apparel and clothing accessories, of leather or of composition leather rose markedly to $9.2K in 2022. In general, exports, however, continue to indicate a dramatic descent. The exports peaked at $24K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy12.56.55.15.8-22.6%
Central African Republic0.90.50.60.7-8.0%
Equatorial Guinea0.30.80.40.518.6%
Bangladesh0.70.40.30.4-17.0%
Chad0.50.10.10.1-41.5%
TanzaniaN/AN/AN/A0.10%
Cote d'Ivoire0.30.10.10.1-30.7%
Malaysia4.2N/AN/AN/A0%
Others4.81.71.61.5-32.1%
Total24.110.18.39.2-27.5%

Top Export Markets for Articles of Apparel and Clothing Accessories, of Leather or of Composition Leather from Cameroon in 2022:

  1. Bangladesh (784.0 units)
  2. Central African Republic (619.0 units)
  3. Tanzania (70.0 units)
  4. Equatorial Guinea (45.0 units)
  5. Cote d'Ivoire (17.0 units)
  6. Italy (10.0 units)
  7. Chad (6.0 units)

Source: IndexBox Market Intelligence Platform

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