Price for Winding Wire of Copper in Cameroon - 2022
Contents:
- Price for Winding Wire of Copper in Cameroon (CIF) - 2022
- Price for Winding Wire of Copper in Cameroon (FOB) - 2022
- Imports of Winding Wire of Copper in Cameroon
- Exports of Winding Wire of Copper in Cameroon
Price for Winding Wire of Copper in Cameroon (CIF) - 2022
In 2022, the average winding wire of copper import price amounted to $5,390 per ton, declining by -22.2% against the previous year. Overall, the import price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2016 an increase of 65%. The import price peaked at $9,005 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
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 UK ($11,324 per ton), while the price for the United Arab Emirates ($2,902 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winding Wire of Copper in Cameroon (FOB) - 2022
The average winding wire of copper export price stood at $11,525 per ton in 2022, shrinking by -41.2% against the previous year. Over the period under review, the export price, however, saw strong growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 96%. Over the period under review, the average export prices reached the peak figure at $19,600 per ton in 2021, and then dropped significantly in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Chad ($56,169 per ton), while the average price for exports to Gabon ($3,928 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Gabon (+27.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire of Copper in Cameroon
Winding wire of copper imports into Cameroon soared to 173 tons in 2022, surging by 84% against the previous year's figure. In general, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, winding wire of copper imports skyrocketed to $934K in 2022. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Winding Wire of Copper in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 50.5 | 20.3 | 39.5 | 667 | 136.4% |
| Spain | 310 | 319 | 431 | 116 | -27.9% |
| France | 1.8 | 3.3 | 28.8 | 61.1 | 223.8% |
| United Kingdom | 29.5 | 19.1 | 15.5 | 19.6 | -12.7% |
| India | 21.3 | 38.3 | 50.7 | 12.9 | -15.4% |
| United Arab Emirates | 13.3 | 6.9 | 0.9 | 4.8 | -28.8% |
| Poland | N/A | 111 | N/A | N/A | 0% |
| Others | 55.1 | 62.3 | 92.1 | 52.5 | -1.6% |
| Total | 481 | 580 | 658 | 934 | 24.8% |
Top Suppliers of Winding Wire of Copper to Cameroon in 2022:
- China (139.5 tons)
- Spain (19.6 tons)
- France (5.9 tons)
- United Kingdom (1.7 tons)
- United Arab Emirates (1.6 tons)
- India (1.6 tons)
Exports of Winding Wire of Copper in Cameroon
After two years of decline, overseas shipments of winding wire of coppers increased by 2,155% to 2.9 tons in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, winding wire of copper exports soared to $33K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Winding Wire of Copper in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chad | 1.7 | 1.2 | 0.9 | 13.6 | 100.0% |
| Central African Republic | 0.6 | 0.5 | 0.6 | 9.3 | 149.3% |
| Congo | 1.2 | 0.7 | 0.5 | 8.8 | 94.3% |
| Gabon | N/A | 0.1 | 0.1 | 1.3 | 260.6% |
| Cote d'Ivoire | 0.8 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.8 | 0.1 | 0.2 | -50.0% |
| Total | 4.3 | 3.2 | 2.2 | 33.2 | 97.6% |
Top Export Markets for Winding Wire of Copper from Cameroon in 2022:
- Central African Republic (1886.0 kg)
- Congo (420.0 kg)
- Gabon (332.0 kg)
- Chad (243.0 kg)
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