Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Cameroon - 2022

Contents:

  1. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Cameroon (CIF) - 2022
  2. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Cameroon (FOB) - 2022
  3. Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Cameroon
  4. Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Cameroon

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Cameroon (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $9,259 per ton, surging by 40% against the previous year. In general, the import price, however, saw a perceptible shrinkage. The pace of growth was the most pronounced in 2014 an increase of 55% against the previous year. The import price peaked at $12,425 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($9,289 per ton), while the price for China totaled $8,412 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ghana (+216.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Cameroon (FOB) - 2022

The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $84,444 per ton in 2022, waning by -52.2% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 when the average export price increased by 338%. As a result, the export price attained the peak level of $176,834 per ton, and then fell rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($357,000 per ton), while the average price for exports to Congo ($36,286 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 Italy (+6.8%).

Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Cameroon

In 2022, approx. 20 tons of machine-tools; parts and accessories, for the machines of heading no. 8464 were imported into Cameroon; with an increase of 388% compared with 2021 figures. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 surged to $186K in 2022. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom28.421.525.113367.3%
China1.00.20.545.6257.3%
VietnamN/A0.1N/AN/A0%
Others2.71.21.67.339.3%
Total32.123.027.218679.6%

Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Cameroon in 2022:

  1. United Kingdom (14.3 tons)
  2. China (5.4 tons)

Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Cameroon

In 2022, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 from Cameroon contracted dramatically to 18 kg, shrinking by -92.5% against 2021. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 7,933% against the previous year. As a result, the exports attained the peak of 241 kg, and then reduced dramatically in the following year.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 shrank remarkably to $1.5K in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 35,121% against the previous year. As a result, the exports attained the peak of $43K, and then shrank significantly in the following year.

Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.20.124.60.751.8%
Congo0.3N/A8.40.518.6%
KenyaN/AN/AN/A0.20%
CyprusN/AN/AN/A0.10%
BeninN/AN/A9.6N/A0%
OthersN/AN/AN/AN/A0%
Total0.50.142.61.544.2%

Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Cameroon in 2022:

  1. Congo (14.0 kg)
  2. Italy (2.0 kg)
  3. Kenya (1.0 kg)
  4. Cyprus (1.0 kg)

Source: IndexBox Market Intelligence Platform

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