Price for Steel, Stainless; Angles, Shapes and Sections in Cameroon - 2022
Contents:
- Price for Steel, Stainless; Angles, Shapes and Sections in Cameroon (CIF) - 2022
- Imports of Steel, Stainless; Angles, Shapes and Sections in Cameroon
Price for Steel, Stainless; Angles, Shapes and Sections in Cameroon (CIF) - 2022
The average import price for steel, stainless stood at $5,013 per ton in 2022, with an increase of 67% against the previous year. Overall, the import price, however, recorded a noticeable decline. The import price peaked at $7,991 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($7,471 per ton), while the price for Turkey ($1,608 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Steel, Stainless; Angles, Shapes and Sections in Cameroon
In 2022, supplies from abroad of steel, stainless decreased by -46.6% to 7.2 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a significant decline. The pace of growth was the most pronounced in 2020 with an increase of 21% against the previous year. As a result, imports attained the peak of 18 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of steel, stainless shrank to $36K in 2022. Over the period under review, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year. As a result, imports attained the peak of $66K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Steel, Stainless; Angles, Shapes and Sections in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.9 | 13.9 | 11.7 | 19.5 | 88.7% |
| Belgium | 6.3 | 5.9 | 0.4 | 6.9 | 3.1% |
| India | 9.8 | 16.8 | 4.7 | 3.8 | -27.1% |
| Turkey | 10.1 | 13.1 | 4.7 | 2.1 | -40.8% |
| Spain | 1.8 | 3.3 | 2.3 | 1.1 | -15.1% |
| France | 4.5 | 0.9 | 3.0 | 0.3 | -59.5% |
| Tunisia | N/A | N/A | 5.5 | N/A | 0% |
| Others | 17.0 | 11.7 | 8.3 | 2.7 | -45.8% |
| Total | 52.4 | 65.6 | 40.6 | 36.2 | -11.6% |
Top Suppliers of Steel, Stainless; Angles, Shapes and Sections to Cameroon in 2022:
- China (3.4 tons)
- Turkey (1.3 tons)
- Belgium (1.2 tons)
- India (0.7 tons)
- Spain (0.2 tons)
- France (0.1 tons)
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