Price for Tractors; (Other than Tractors of Heading No 8709) in Cameroon - 2022
Contents:
- Price for Tractors; (Other than Tractors of Heading No 8709) in Cameroon (CIF) - 2022
- Price for Tractors; (Other than Tractors of Heading No 8709) in Cameroon (FOB) - 2022
- Imports of Tractors; (Other than Tractors of Heading No 8709) in Cameroon
- Exports of Tractors; (Other than Tractors of Heading No 8709) in Cameroon
Price for Tractors; (Other than Tractors of Heading No 8709) in Cameroon (CIF) - 2022
In 2022, the average import price for tractors; (other than tractors of heading no 8709)s amounted to $28,940 per unit, surging by 9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2014 an increase of 26% against the previous year. The import price peaked at $31,093 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 Germany ($55,232 per unit), while the price for the United Arab Emirates ($5,193 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tractors; (Other than Tractors of Heading No 8709) in Cameroon (FOB) - 2022
The average export price for tractors; (other than tractors of heading no 8709)s stood at $46,710 per unit in 2022, falling by -23.2% against the previous year. Over the period under review, the export price, however, saw a perceptible increase. The growth pace was the most rapid in 2020 an increase of 207% against the previous year. Over the period under review, the average export prices hit record highs at $60,800 per unit in 2021, and then contracted dramatically in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Congo ($100,277 per unit), while the average price for exports to Ghana ($5,268 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (+34.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tractors; (Other than Tractors of Heading No 8709) in Cameroon
In 2022, approx. 2.3K units of tractors; (other than tractors of heading no 8709)s were imported into Cameroon; surging by 21% on the previous year. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 54% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of tractors; (other than tractors of heading no 8709)s skyrocketed to $65M in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Import of Tractors; (Other than Tractors of Heading No 8709) in Cameroon (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 13.1 | 9.1 | 22.3 | 45.5 | 51.4% |
Belgium | 0.6 | 0.7 | 6.2 | 8.0 | 137.1% |
Netherlands | 0.5 | N/A | 1.1 | 3.0 | 81.7% |
Gabon | 0.6 | 1.4 | 0.7 | 1.2 | 26.0% |
Germany | 4.8 | 12.4 | 11.7 | 1.1 | -38.8% |
Japan | 0.1 | 0.2 | 0.7 | 1.0 | 115.4% |
Italy | 0.8 | 0.4 | 0.7 | 0.8 | 0.0% |
Congo | 0.9 | N/A | N/A | 0.4 | -23.7% |
France | 2.7 | 3.3 | 4.3 | 0.3 | -51.9% |
United Kingdom | 0.6 | 0.7 | 0.5 | N/A | -8.7% |
Others | 2.3 | 3.6 | 1.6 | 4.2 | 22.2% |
Total | 27.1 | 31.9 | 49.7 | 65.5 | 34.2% |
Top Suppliers of Tractors; (Other than Tractors of Heading No 8709) to Cameroon in 2022:
- China (1258.0 units)
- Belgium (350.0 units)
- Netherlands (177.0 units)
- Gabon (94.0 units)
- Japan (79.0 units)
- Italy (35.0 units)
- Germany (20.0 units)
- Congo (19.0 units)
- France (7.0 units)
- United Kingdom (2.0 units)
Exports of Tractors; (Other than Tractors of Heading No 8709) in Cameroon
In 2022, approx. 27 units of tractors; (other than tractors of heading no 8709)s were exported from Cameroon; jumping by 93% against the year before. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tractors; (other than tractors of heading no 8709)s surged to $1.3M in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 346% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.
Export of Tractors; (Other than Tractors of Heading No 8709) in Cameroon (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Myanmar | N/A | N/A | N/A | 627 | 0% |
Netherlands | 45.2 | 128 | 173 | 140 | 45.8% |
Congo | 15.8 | 306 | 30.8 | 100 | 85.0% |
Chad | 32.4 | 248 | 208 | 89.1 | 40.1% |
Cote d'Ivoire | 31.0 | 84.8 | 124 | 86.8 | 40.9% |
France | 19.0 | 55.7 | 92.7 | 64.9 | 50.6% |
Equatorial Guinea | 41.1 | 77.5 | 88.8 | 60.9 | 14.0% |
Central African Republic | 3.1 | 7.0 | 27.5 | 32.7 | 119.3% |
Gabon | 6.2 | 20.7 | 45.2 | 31.7 | 72.3% |
Benin | 8.3 | 25.4 | 46.2 | 22.5 | 39.4% |
Ghana | 1.7 | 4.8 | 6.5 | 5.3 | 46.1% |
Others | 11.1 | N/A | 7.8 | N/A | -16.2% |
Total | 215 | 958 | 851 | 1,261 | 80.3% |
Top Export Markets for Tractors; (Other than Tractors of Heading No 8709) from Cameroon in 2022:
- Myanmar (16.0 units)
- Netherlands (2.0 units)
- Ghana (1.0 units)
- Chad (1.0 units)
- Equatorial Guinea (1.0 units)
- Central African Republic (1.0 units)
- France (1.0 units)
- Congo (1.0 units)
- Gabon (1.0 units)
- Cote d'Ivoire (1.0 units)
- Benin (1.0 units)
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