Price for Railway or Tramway Track Constructions of Iron or Steel in Cameroon - 2022

Contents:

  1. Price for Railway or Tramway Track Constructions of Iron or Steel in Cameroon (CIF) - 2022
  2. Price for Railway or Tramway Track Constructions of Iron or Steel in Cameroon (FOB) - 2022
  3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Cameroon
  4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Cameroon

Price for Railway or Tramway Track Constructions of Iron or Steel in Cameroon (CIF) - 2022

In 2022, the average import price for railway or tramway track constructions of iron or steel amounted to $3,979 per ton, falling by -13.2% against the previous year. Overall, the import price, however, posted prominent growth. The pace of growth was the most pronounced in 2021 an increase of 75% against the previous year. As a result, import price attained the peak level of $4,582 per ton, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($11,954 per ton), while the price for China ($1,240 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Railway or Tramway Track Constructions of Iron or Steel in Cameroon (FOB) - 2022

The average export price for railway or tramway track constructions of iron or steel stood at $1,545 per ton in 2022, dropping by -11.1% against the previous year. In general, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2018 an increase of 89%. The export price peaked at $2,952 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Central African Republic ($1,725 per ton), while the average price for exports to Congo totaled $1,315 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Congo (-4.1%).

Imports of Railway or Tramway Track Constructions of Iron or Steel in Cameroon

In 2022, the amount of railway or tramway track constructions of iron or steel imported into Cameroon reached 192 tons, surging by 12% compared with 2021 figures. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +19.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 67% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of railway or tramway track constructions of iron or steel shrank slightly to $764K in 2022. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 141%.

Import of Railway or Tramway Track Constructions of Iron or Steel in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.310.270.9243319.1%
Thailand40.254.216411542.0%
Luxembourg41.753.415310234.7%
United Kingdom14.224.998.289.684.8%
France62.650.013985.010.7%
Portugal0.10.54.725.5534.1%
Turkey2.60.110.216.685.5%
Spain4.46.219.414.147.4%
China19.73.110.93.2-45.4%
BeninN/A273N/AN/A0%
Others17.421.411670.859.6%
Total20649678776454.8%

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Cameroon in 2022:

  1. Luxembourg (62.3 tons)
  2. United Kingdom (34.1 tons)
  3. Thailand (32.0 tons)
  4. United States (20.3 tons)
  5. France (16.1 tons)
  6. Turkey (6.2 tons)
  7. Portugal (4.3 tons)
  8. Spain (3.4 tons)
  9. China (2.6 tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Cameroon

Exports of railway or tramway track constructions of iron or steel from Cameroon rose rapidly to 13 tons in 2022, increasing by 6.3% compared with 2021. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 97% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of railway or tramway track constructions of iron or steel declined to $20K in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -10.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 99%. As a result, the exports reached the peak of $22K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Railway or Tramway Track Constructions of Iron or Steel in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Congo5.012.512.812.836.8%
Central African Republic5.78.06.55.2-3.0%
Others0.41.71.81.865.1%
Total11.222.321.019.921.1%

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Cameroon in 2022:

  1. Congo (9.8 tons)
  2. Central African Republic (3.0 tons)

Source: IndexBox Market Intelligence Platform

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