Report Update: May 1, 2024

Cameroon - Industrial Monocarboxylic Fatty Acids - Market Analysis, Forecast, Size, Trends And Insights

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Price for Industrial Monocarboxylic Fatty Acids in Cameroon - 2022

Price for Industrial Monocarboxylic Fatty Acids in Cameroon (FOB) - 2022

The average industrial monocarboxylic fatty acids export price stood at $983 per ton in 2022, surging by 6.1% against the previous year. Over the period under review, the export price recorded a prominent expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 28%. As a result, the export price reached the peak level of $1,038 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($1,286 per ton), while the average price for exports to Spain ($508 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 Nigeria (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Industrial Monocarboxylic Fatty Acids in Cameroon (CIF) - 2022

In 2022, the average industrial monocarboxylic fatty acids import price amounted to $4,500 per ton, picking up by 11% against the previous year. Over the period under review, the import price saw resilient growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 224% against the previous year. The import price peaked in 2022 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 Gabon ($4,768 per ton), while the price for Indonesia ($2,435 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Gabon (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Industrial Monocarboxylic Fatty Acids in Cameroon

For the fourth year in a row, Cameroon recorded growth in overseas shipments of industrial monocarboxylic fatty acids, which increased by 22% to 5.5K tons in 2022. In general, exports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 364%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, industrial monocarboxylic fatty acids exports surged to $5.4M in 2022. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 261% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

Export of Industrial Monocarboxylic Fatty Acids in Cameroon (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Angola	102	1,145	1,539	2,599	194.3%
India	N/A	N/A	N/A	866	0%
Spain	234	913	395	764	48.4%
Nigeria	46.5	365	542	752	152.9%
Tanzania	N/A	N/A	N/A	226	0%
Senegal	N/A	N/A	N/A	182	0%
Guinea-Bissau	N/A	N/A	706	N/A	0%
Malaysia	N/A	N/A	268	N/A	0%
Portugal	N/A	N/A	211	N/A	0%
Others	292	11.8	533	38.3	-49.2%
Total	674	2,434	4,195	5,428	100.4%

Top Export Markets for Industrial Monocarboxylic Fatty Acids from Cameroon in 2022:

Angola (2127.1 tons)
Spain (1505.2 tons)
Nigeria (842.9 tons)
India (702.4 tons)
Tanzania (175.9 tons)
Senegal (163.4 tons)

Imports of Industrial Monocarboxylic Fatty Acids in Cameroon

In 2022, the amount of industrial monocarboxylic fatty acids imported into Cameroon rose notably to 184 tons, picking up by 8.2% compared with the year before. Overall, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 3,380% against the previous year. As a result, imports reached the peak of 260 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, industrial monocarboxylic fatty acids imports skyrocketed to $830K in 2022. In general, imports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 11,182% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Industrial Monocarboxylic Fatty Acids in Cameroon (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Gabon	3.3	392	485	596	465.3%
Malaysia	1.4	153	179	207	428.8%
Indonesia	0.3	21.9	18.1	14.8	266.8%
Others	0.2	11.1	10.6	11.6	287.1%
Total	5.1	578	692	830	446.0%

Top Suppliers of Industrial Monocarboxylic Fatty Acids to Cameroon in 2022:

Gabon (125.0 tons)
Malaysia (51.8 tons)
Indonesia (6.1 tons)

This report provides an in-depth analysis of the market for industrial monocarboxylic fatty acids 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 20143195 - Industrial monocarboxylic fatty acids distilled (excluding stearic, oleic tall oil)
Prodcom 20143197 - Industrial monocarboxylic fatty acids (excluding stearic, oleic, t all oil, distilled)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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