Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Cameroon - 2022
Contents:
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Cameroon (CIF) - 2022
- Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Cameroon
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Cameroon (CIF) - 2022
The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $1,814 per ton in 2022, increasing by 49% against the previous year. Over the period under review, the import price, however, recorded a pronounced contraction. Over the period under review, average import prices hit record highs at $2,759 per ton in 2020; however, from 2021 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 India ($8,233 per ton), while the price for South Korea ($744 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Cameroon
In 2022, approx. 7.3 tons of synthetic staple fibres, carded, combed or otherwise processed for spinnings were imported into Cameroon; waning by -37.3% on the year before. Over the period under review, imports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year.
In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings shrank to $13K in 2022. In general, imports showed a dramatic shrinkage.
| Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 60.9 | 14.4 | 11.9 | 11.0 | -43.5% |
| India | 2.3 | 1.3 | 0.5 | 1.5 | -13.3% |
| South Korea | 0.4 | 0.3 | 0.3 | 0.2 | -20.6% |
| Hong Kong SAR | 12.2 | N/A | N/A | N/A | 0% |
| Nigeria | N/A | N/A | 1.1 | N/A | 0% |
| Germany | N/A | 5.8 | N/A | N/A | 0% |
| Others | 0.3 | 0.3 | 0.4 | 0.5 | 18.6% |
| Total | 76.1 | 22.1 | 14.2 | 13.3 | -44.1% |
Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Cameroon in 2022:
- China (6.8 tons)
- South Korea (0.3 tons)
- India (0.2 tons)
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