Cameroon - Iron or Steel Leaf-Springs and Leaves - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Leaf-Spring in Cameroon - 2021
Contents:
- Price for Iron or Steel Leaf-Spring in Cameroon (CIF) - 2022
- Price for Iron or Steel Leaf-Spring in Cameroon (FOB) - 2022
- Imports of Iron or Steel Leaf-Spring in Cameroon
- Exports of Iron or Steel Leaf-Spring in Cameroon
Price for Iron or Steel Leaf-Spring in Cameroon (CIF) - 2022
In 2022, the average iron or steel leaf-spring import price amounted to $1,867 per ton, declining by -3.7% against the previous year. In general, the import price saw a noticeable downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 19% against the previous year. Over the period under review, average import prices attained the maximum at $3,374 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($8,419 per ton), while the price for China ($813 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.1%), while the prices for the other major suppliers experienced a decline.
Price for Iron or Steel Leaf-Spring in Cameroon (FOB) - 2022
In 2022, the average iron or steel leaf-spring export price amounted to $3,499 per ton, reducing by -15.7% against the previous year. Overall, the export price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2013 when the average export price increased by 34%. Over the period under review, the average export prices hit record highs at $8,998 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Central African Republic ($67,143 per ton), while the average price for exports to Equatorial Guinea ($1,096 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 Central African Republic (+28.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Iron or Steel Leaf-Spring in Cameroon
In 2022, purchases abroad of iron or steel leaf-springs and leaves decreased by -30.1% to 354 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 169% against the previous year.
In value terms, iron or steel leaf-spring imports plummeted to $660K in 2022. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 188% against the previous year. As a result, imports reached the peak of $981K, and then contracted rapidly in the following year.
| Import of Iron or Steel Leaf-Spring in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 50.0 | 26.0 | 171 | 131 | 37.9% |
| United Arab Emirates | 9.4 | 38.6 | 23.1 | 99.6 | 119.6% |
| Italy | 4.6 | 20.5 | 123 | 69.9 | 147.7% |
| Tunisia | 32.4 | 9.9 | 58.2 | 64.2 | 25.6% |
| China | 35.8 | 113 | 109 | 61.0 | 19.4% |
| Belgium | 24.1 | 47.9 | 81.7 | 14.1 | -16.4% |
| Others | 84.6 | 84.4 | 416 | 220 | 37.5% |
| Total | 241 | 340 | 981 | 660 | 39.9% |
Top Suppliers of Iron or Steel Leaf-Spring to Cameroon in 2022:
- United Arab Emirates (87.2 tons)
- China (75.1 tons)
- Tunisia (55.4 tons)
- France (29.2 tons)
- Italy (12.3 tons)
- Belgium (4.1 tons)
Exports of Iron or Steel Leaf-Spring in Cameroon
In 2022, overseas shipments of iron or steel leaf-springs and leaves decreased by -29.6% to 1.7 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 995%.
In value terms, iron or steel leaf-spring exports contracted sharply to $6K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 936% against the previous year.
| Export of Iron or Steel Leaf-Spring in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Central African Republic | 0.1 | 1.0 | 6.3 | 3.8 | 236.2% |
| Equatorial Guinea | 0.1 | 0.7 | 3.1 | 1.8 | 162.1% |
| Others | N/A | 0.1 | 0.7 | 0.4 | 100.0% |
| Total | 0.2 | 1.9 | 10.0 | 6.0 | 210.7% |
Top Export Markets for Iron or Steel Leaf-Spring from Cameroon in 2022:
- Equatorial Guinea (1633.0 kg)
- Central African Republic (56.0 kg)
This report provides an in-depth analysis of the market for iron or steel leaf-spring 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 25931613 - Iron or steel hot-worked laminated leaf-springs and leaves therefor
- Prodcom 25931615 - Iron or steel hot-worked non-laminated leaf-springs and leaves therefor
- Prodcom 25931617 - Iron or steel cold-formed leaf-springs and leaves therefor
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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