Price for Silicates; Commercial Alkali Metal Silicates in Cameroon - 2022

Contents:

  1. Price for Silicates; Commercial Alkali Metal Silicates in Cameroon (CIF) - 2022
  2. Price for Silicates; Commercial Alkali Metal Silicates in Cameroon (FOB) - 2022
  3. Imports of Silicates; Commercial Alkali Metal Silicates in Cameroon
  4. Exports of Silicates; Commercial Alkali Metal Silicates in Cameroon

Price for Silicates; Commercial Alkali Metal Silicates in Cameroon (CIF) - 2022

The average import price for silicates; commercial alkali metal silicateses stood at $573 per ton in 2022, surging by 61% against the previous year. Over the period under review, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level 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 the Netherlands ($7,466 per ton), while the price for Malaysia ($253 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+54.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Silicates; Commercial Alkali Metal Silicates in Cameroon (FOB) - 2022

The average export price for silicates; commercial alkali metal silicateses stood at $1,509 per ton in 2022, rising by 60% against the previous year. Overall, the export price posted a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($6,953 per ton), while the average price for exports to Italy ($200 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 Turkey (+24.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Silicates; Commercial Alkali Metal Silicates in Cameroon

Silicates; commercial alkali metal silicates imports into Cameroon skyrocketed to 2.3K tons in 2022, growing by 35% on 2021 figures. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.7% 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 +75.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 37% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, silicates; commercial alkali metal silicates imports skyrocketed to $1.3M in 2022. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Silicates; Commercial Alkali Metal Silicates in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt73.63363621,025140.6%
Lebanon28.230.933.855.725.5%
Belgium62.763.661.350.2-7.1%
India49.033.874.848.1-0.6%
MalaysiaN/AN/AN/A31.70%
China23514415.922.5-54.3%
France8.96.63.59.62.6%
Others47.549.958.588.222.9%
Total5056646101,33138.1%

Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Cameroon in 2022:

  1. Egypt (1638.3 tons)
  2. India (158.5 tons)
  3. Lebanon (155.7 tons)
  4. Malaysia (125.5 tons)
  5. Belgium (120.5 tons)
  6. China (69.4 tons)
  7. France (31.9 tons)

Exports of Silicates; Commercial Alkali Metal Silicates in Cameroon

In 2022, approx. 1.3 tons of silicates; commercial alkali metal silicateses were exported from Cameroon; reducing by -79.7% on 2021 figures. Over the period under review, exports faced a dramatic downturn. The smallest decline of -55% was in 2021.

In value terms, silicates; commercial alkali metal silicates exports shrank significantly to $1.9K in 2022. Overall, exports showed a dramatic contraction. The smallest decline of -43.1% was in 2020.

Export of Silicates; Commercial Alkali Metal Silicates in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Equatorial Guinea9.35.22.90.9-54.1%
Ghana4.92.91.60.5-53.3%
Turkey2.81.91.20.4-47.7%
Gabon0.80.20.1N/A-64.6%
Italy0.20.1N/AN/A-50.0%
Others0.1N/AN/AN/A0%
Total18.110.35.91.9-52.8%

Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Cameroon in 2022:

  1. Equatorial Guinea (985.0 kg)
  2. Ghana (104.0 kg)
  3. Turkey (64.0 kg)
  4. Italy (55.0 kg)
  5. Gabon (49.0 kg)

Source: IndexBox Market Intelligence Platform

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