Price for Machines; Parts and Accessories, of Heading No. 8472 in Cameroon - 2022

Contents:

  1. Price for Machines; Parts and Accessories, of Heading No. 8472 in Cameroon (CIF) - 2022
  2. Price for Machines; Parts and Accessories, of Heading No. 8472 in Cameroon (FOB) - 2022
  3. Imports of Machines; Parts and Accessories, of Heading No. 8472 in Cameroon
  4. Exports of Machines; Parts and Accessories, of Heading No. 8472 in Cameroon

Price for Machines; Parts and Accessories, of Heading No. 8472 in Cameroon (CIF) - 2022

The average import price for machines; parts and accessories, of heading no. 8472 stood at $52,898 per ton in 2022, falling by -21.1% against the previous year. In general, the import price, however, showed pronounced growth. The growth pace was the most rapid in 2017 an increase of 138% against the previous year. The import price peaked at $67,044 per ton in 2021, and then dropped markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($202,838 per ton), while the price for China ($5,308 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Parts and Accessories, of Heading No. 8472 in Cameroon (FOB) - 2022

In 2022, the average export price for machines; parts and accessories, of heading no. 8472 amounted to $137,800 per ton, waning by -41.5% against the previous year. In general, the export price, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2013 an increase of 97%. The export price peaked at $235,656 per ton in 2021, and then shrank rapidly in the following year.

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 Nigeria ($363,353 per ton), while the average price for exports to Central African Republic ($20,314 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 Gabon (+48.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines; Parts and Accessories, of Heading No. 8472 in Cameroon

In 2022, supplies from abroad of machines; parts and accessories, of heading no. 8472 decreased by -74.2% to 4.1 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 199% against the previous year. As a result, imports reached the peak of 19 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of machines; parts and accessories, of heading no. 8472 plummeted to $215K in 2022. Overall, imports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 191% against the previous year.

Import of Machines; Parts and Accessories, of Heading No. 8472 in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India10.229.519257.778.2%
France11.233.317440.853.9%
United Kingdom2.994.337333.6126.3%
Netherlands5.43.32.633.383.4%
Morocco36.559.212117.7-21.4%
Hungary38.610419.07.3-42.6%
China32.215540.03.9-50.5%
United Arab Emirates14.21.911.22.7-42.5%
Others32.353.512117.8-18.0%
Total1845351,0542155.3%

Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Cameroon in 2022:

  1. Netherlands (778.0 kg)
  2. China (744.0 kg)
  3. India (614.0 kg)
  4. France (505.0 kg)
  5. Morocco (460.0 kg)
  6. United Kingdom (323.0 kg)
  7. United Arab Emirates (238.0 kg)
  8. Hungary (60.0 kg)

Exports of Machines; Parts and Accessories, of Heading No. 8472 in Cameroon

Exports of machines; parts and accessories, of heading no. 8472 from Cameroon surged to 55 kg in 2022, rising by 72% against the year before. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 225%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of machines; parts and accessories, of heading no. 8472 amounted to $7.6K in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 239% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Export of Machines; Parts and Accessories, of Heading No. 8472 in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nigeria0.32.25.56.2174.4%
Central African Republic0.20.60.30.751.8%
Germany0.10.40.50.681.7%
Congo0.10.10.10.10.0%
CanadaN/AN/A1.2N/A0%
Others0.91.9N/AN/A111.1%
Total1.55.27.57.671.8%

Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from Cameroon in 2022:

  1. Central African Republic (35.0 kg)
  2. Nigeria (17.0 kg)
  3. Germany (2.0 kg)
  4. Congo (1.0 kg)

Source: IndexBox Market Intelligence Platform

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