Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Cameroon - 2022
Contents:
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Cameroon (CIF) - 2022
- Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Cameroon (FOB) - 2022
- Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Cameroon
- Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Cameroon
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Cameroon (CIF) - 2022
The average import price for stainless steel; flat-rolled products of width less than 600mms stood at $2,445 per ton in 2022, dropping by -13.3% against the previous year. In general, the import price, however, saw notable growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 85%. As a result, import price attained the peak level of $2,819 per ton, and then contracted 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 Belgium ($30,722 per ton), while the price for China ($2,127 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+44.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Cameroon (FOB) - 2022
The average export price for stainless steel; flat-rolled products of width less than 600mms stood at $3,368 per ton in 2022, which is down by -10.2% against the previous year. Over the period under review, the export price recorded a perceptible contraction. The growth pace was the most rapid in 2016 when the average export price increased by 83% against the previous year. The export price peaked at $7,291 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Congo.
From 2012 to 2022, the rate of growth in terms of prices for Congo amounted to -2.4% per year.
Imports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Cameroon
In 2022, imports of stainless steel; flat-rolled products of width less than 600mms into Cameroon skyrocketed to 238 tons, jumping by 2,050% against 2021 figures. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of stainless steel; flat-rolled products of width less than 600mms skyrocketed to $582K in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 36.8 | 31.3 | 7.9 | 475 | 134.6% |
| France | 1.2 | 4.9 | 2.7 | 42.9 | 229.4% |
| Switzerland | 3.7 | 4.3 | 3.7 | 14.9 | 59.1% |
| Others | 26.3 | 21.8 | 16.9 | 48.8 | 22.9% |
| Total | 68.1 | 62.4 | 31.2 | 582 | 104.5% |
Top Suppliers of Stainless Steel; Flat-Rolled Products of Width Less than 600mm to Cameroon in 2022:
- China (223.3 tons)
- Switzerland (6.1 tons)
- France (4.9 tons)
Exports of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Cameroon
In 2022, after two years of decline, there was significant decline in shipments abroad of stainless steel; flat-rolled products of width less than 600mms, when their volume decreased by -5% to 19 kg. Over the period under review, exports continue to indicate a dramatic downturn.
In value terms, exports of stainless steel; flat-rolled products of width less than 600mms reduced to $64 in 2022. In general, exports saw a sharp decrease. The smallest decline of -13.8% was in 2021.
| Export of Stainless Steel; Flat-Rolled Products of Width Less than 600mm in Cameroon (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Congo | 200 | 87.0 | 5.0 | 64.0 | -31.6% |
| Central African Republic | N/A | N/A | 70.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 200 | 87.0 | 75.0 | 64.0 | -31.6% |
Top Export Markets for Stainless Steel; Flat-Rolled Products of Width Less than 600mm from Cameroon in 2022:
- Congo (19.0 kg)
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