Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Cameroon - 2022

Contents:

1. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Cameroon (CIF) - 2022
2. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Cameroon (FOB) - 2022
3. Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Cameroon
4. Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Cameroon

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Cameroon (CIF) - 2022

In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $32,007 per unit, dropping by -45.6% against the previous year. In general, the import price showed a pronounced descent. The pace of growth appeared the most rapid in 2020 an increase of 24%. Over the period under review, average import prices reached the maximum at $58,843 per unit in 2021, and then declined notably in the following year.

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 the United States ($50,734 per unit), while the price for Ireland ($1,244 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Cameroon (FOB) - 2022

In 2022, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $15,966 per unit, falling by -80.7% against the previous year. In general, the export price recorded a abrupt decline. The growth pace was the most rapid in 2014 when the average export price increased by 92% against the previous year. Over the period under review, the average export prices hit record highs at $82,594 per unit in 2021, and then fell significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($5,242 per unit), while the average price for exports to Nigeria ($405 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 Mali (+62.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Cameroon

In 2022, approx. 586 units of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs were imported into Cameroon; growing by 59% compared with the previous year's figure. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 98% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs reached $21M in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 139% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc to Cameroon in 2022:

1. Japan (301.0 units)
2. United Arab Emirates (45.0 units)
3. United States (34.0 units)
4. Sweden (25.0 units)
5. Belgium (20.0 units)
6. South Korea (18.0 units)
7. Ireland (16.0 units)
8. Canada (12.0 units)
9. Togo (12.0 units)
10. Switzerland (11.0 units)
11. Bahrain (10.0 units)
12. Australia (10.0 units)
13. Taiwan (Chinese) (10.0 units)

Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Cameroon

In 2022, after three years of growth, there was significant decline in overseas shipments of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs, when their volume decreased by -25% to 9 units. In general, exports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 9.1% against the previous year. As a result, the exports reached the peak of 12 units, and then fell dramatically in the following year.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs contracted dramatically to $16K in 2022. Over the period under review, exports recorded a sharp reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 245%. The exports peaked at $165K in 2021, and then shrank markedly in the following year.

Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc from Cameroon in 2022:

1. Ghana (1.0 units)
2. Netherlands (1.0 units)
3. Equatorial Guinea (1.0 units)
4. Central African Republic (1.0 units)
5. France (1.0 units)
6. Democratic Republic of the Congo (1.0 units)
7. Congo (1.0 units)
8. Nigeria (1.0 units)
9. Cote d'Ivoire (1.0 units)

Source: IndexBox Market Intelligence Platform