Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Cameroon - 2022

Contents:

  1. Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Cameroon (CIF) - 2022
  2. Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Cameroon (FOB) - 2022
  3. Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Cameroon
  4. Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Cameroon

Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Cameroon (CIF) - 2022

In 2022, the average import price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $5,971 per ton, picking up by 69% against the previous year. In general, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($29,318 per ton), while the price for South Africa ($1,448 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Cameroon (FOB) - 2022

In 2022, the average export price for glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) amounted to $7,344 per ton, shrinking by -43.1% against the previous year. Overall, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 72% against the previous year. Over the period under review, the average export prices reached the peak figure at $18,915 per ton in 2012; however, from 2013 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 Ghana ($24,500 per ton), while the average price for exports to Equatorial Guinea ($273 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 Ghana (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Cameroon

Imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) into Cameroon dropped modestly to 166 tons in 2022, shrinking by -4.4% compared with 2021 figures. In general, imports recorded a abrupt curtailment. The smallest decline of -2.7% was in 2020.

In value terms, imports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) surged to $992K in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +6.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.34.05.5246374.7%
China53.290.445.922662.0%
France1432092301808.0%
Malaysia0.97.616.1105388.6%
Brazil34.238.142.550.814.1%
Ghana40.140.541.144.53.5%
Turkey0.819.533.921.1197.7%
Spain25.327.011.414.6-16.7%
Norway3.95.47.611.543.4%
Italy12.911.39.94.6-29.1%
South Africa6.63.50.63.8-16.8%
United Arab Emirates5.620.45.42.8-20.6%
Portugal2291111.91.7-80.5%
Others26521716279.8-33.0%
Total8238056139926.4%

Top Suppliers of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) to Cameroon in 2022:

  1. China (56.9 tons)
  2. France (36.7 tons)
  3. Brazil (15.5 tons)
  4. Malaysia (9.0 tons)
  5. Netherlands (8.4 tons)
  6. Ghana (6.4 tons)
  7. Turkey (5.8 tons)
  8. Spain (5.4 tons)
  9. Norway (3.9 tons)
  10. Italy (2.8 tons)
  11. South Africa (2.6 tons)
  12. United Arab Emirates (1.4 tons)
  13. Portugal (0.3 tons)

Exports of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Cameroon

In 2022, the amount of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) exported from Cameroon surged to 523 kg, jumping by 204% against 2021 figures. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of glass fibres (including glass wool) and articles thereof (eg yarn, woven fabrics) surged to $3.8K in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 274%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) in Cameroon (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire5653048281,98452.0%
Ghana75.055.0287686109.1%
France482155175363-9.0%
Central African RepublicN/AN/AN/A2520%
Congo36.023.097.023286.1%
Singapore14342.044.083.0-16.6%
Equatorial Guinea5.01.01.03.0-15.7%
AngolaN/AN/A783N/A0%
Others49.014.04.023869.4%
Total1,3555942,2193,84141.5%

Top Export Markets for Glass Fibres (Including Glass Wool) and Articles Thereof (Eg Yarn, Woven Fabrics) from Cameroon in 2022:

  1. Central African Republic (258.0 kg)
  2. Cote d'Ivoire (141.0 kg)
  3. Congo (41.0 kg)
  4. France (30.0 kg)
  5. Ghana (28.0 kg)
  6. Equatorial Guinea (11.0 kg)
  7. Singapore (9.0 kg)

Source: IndexBox Market Intelligence Platform

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