Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Cameroon - 2022
Contents:
- Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Cameroon (CIF) - 2022
- Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Cameroon
Price for Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Cameroon (CIF) - 2022
In 2022, the average import price for steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses amounted to $532 per ton, dropping by -6.1% against the previous year. Overall, the import price recorded a pronounced reduction. The growth pace was the most rapid in 2021 when the average import price increased by 16%. Over the period under review, average import prices attained the maximum at $958 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($533 per ton), while the price for Belgium stood at $445 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.1%).
Imports of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Cameroon
In 2022, after three years of growth, there was significant decline in overseas purchases of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses, when their volume decreased by -10.4% to 14K tons. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,134% against the previous year.
In value terms, imports of steel, alloy; bars and rods, hot-rolled, in irregularly wound coilses fell notably to $7.7M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 1,938% against the previous year.
| Import of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Cameroon (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.2 | 6.1 | 9.0 | 7.6 | 236.2% |
| Belgium | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 0.3 | 6.2 | 9.2 | 7.7 | 195.0% |
Top Suppliers of Steel, Alloy; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Cameroon in 2022:
- China (14.2K tons)
- Belgium (0.2K tons)
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