Price for Used Pneumatic Tyres of Rubber in Cameroon - 2021

Contents:

1. Price for Used Pneumatic Tyres of Rubber in Cameroon (CIF) - 2022
2. Price for Used Pneumatic Tyres of Rubber in Cameroon (FOB) - 2022
3. Imports of Used Pneumatic Tyres of Rubber in Cameroon
4. Exports of Used Pneumatic Tyres of Rubber in Cameroon

Price for Used Pneumatic Tyres of Rubber in Cameroon (CIF) - 2022

The average import price for used pneumatic tyres of rubbers stood at $12 per unit in 2022, almost unchanged from the previous year. In general, the import price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2014 when the average import price increased by 24% against the previous year. As a result, import price reached the peak level of $54 per unit. From 2015 to 2022, the average 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 Japan ($22 per unit), while the price for Finland ($4.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-6.2%), while the prices for the other major suppliers experienced a decline.

Price for Used Pneumatic Tyres of Rubber in Cameroon (FOB) - 2022

In 2022, the average export price for used pneumatic tyres of rubbers amounted to $46 per unit, which is down by -60.3% against the previous year. In general, the export price recorded a perceptible contraction. The pace of growth was the most pronounced in 2021 an increase of 71%. The export price peaked at $121 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Equatorial Guinea ($176 per unit), while the average price for exports to Italy ($1 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 Chad (+5.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Used Pneumatic Tyres of Rubber in Cameroon

In 2022, approx. 436K units of used pneumatic tyres of rubbers were imported into Cameroon; jumping by 69% against the year before. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, used pneumatic tyres of rubber imports soared to $5.2M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Used Pneumatic Tyres of Rubber to Cameroon in 2022:

1. Belgium (135.1K units)
2. Japan (109.5K units)
3. Germany (45.2K units)
4. Italy (23.5K units)
5. Finland (17.8K units)
6. United Arab Emirates (13.5K units)
7. United Kingdom (12.3K units)
8. Spain (9.3K units)
9. France (9.1K units)
10. Denmark (8.3K units)
11. Switzerland (8.0K units)
12. Poland (6.9K units)

Exports of Used Pneumatic Tyres of Rubber in Cameroon

For the third year in a row, Cameroon recorded decline in overseas shipments of used pneumatic tyres of rubbers, which decreased by -88.7% to 19 units in 2022. Over the period under review, exports recorded a sharp setback. The smallest decline of -28.8% was in 2021. Over the period under review, the exports attained the peak figure at 548 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, used pneumatic tyres of rubber exports contracted significantly to $874 in 2022. Overall, exports saw a significant decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 22% against the previous year. The exports peaked at $29K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Used Pneumatic Tyres of Rubber from Cameroon in 2022:

1. Chad (11.0 units)
2. Italy (1.0 units)
3. Equatorial Guinea (1.0 units)
4. Mexico (1.0 units)
5. Central African Republic (1.0 units)
6. Congo (1.0 units)
7. Gabon (1.0 units)
8. Nigeria (1.0 units)
9. Burkina Faso (1.0 units)

Source: IndexBox Market Intelligence Platform