Price for Wood; Shuttering for Concrete Constructional Work in Cameroon - 2022

Contents:

  1. Price for Wood; Shuttering for Concrete Constructional Work in Cameroon (CIF) - 2022
  2. Price for Wood; Shuttering for Concrete Constructional Work in Cameroon (FOB) - 2022
  3. Imports of Wood; Shuttering for Concrete Constructional Work in Cameroon
  4. Exports of Wood; Shuttering for Concrete Constructional Work in Cameroon

Price for Wood; Shuttering for Concrete Constructional Work in Cameroon (CIF) - 2022

The average import price for wood; shuttering for concrete constructional work stood at $1,010 per ton in 2022, increasing by 11% against the previous year. In general, the import price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 28% against the previous year. The import price peaked at $2,121 per ton in 2013; however, from 2014 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 Belgium ($5,982 per ton), while the price for China ($235 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Shuttering for Concrete Constructional Work in Cameroon (FOB) - 2022

The average export price for wood; shuttering for concrete constructional work stood at $2,384 per ton in 2022, rising by 8.5% against the previous year. In general, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 an increase of 79%. Over the period under review, the average export prices hit record highs at $4,115 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Equatorial Guinea.

From 2012 to 2022, the rate of growth in terms of prices for Congo amounted to +906.9% per year.

Imports of Wood; Shuttering for Concrete Constructional Work in Cameroon

In 2022, overseas purchases of wood; shuttering for concrete constructional work decreased by -20.7% to 181 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. As a result, imports attained the peak of 228 tons, and then fell markedly in the following year.

In value terms, imports of wood; shuttering for concrete constructional work dropped to $182K in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 41%.

Import of Wood; Shuttering for Concrete Constructional Work in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1.54.913.262.4246.5%
Belgium1.482.384.257.8245.6%
Italy1.75.026.518.2120.4%
Germany5.813.423.516.240.8%
Turkey8.711.311.88.5-0.8%
Spain5.48.310.18.315.4%
Morocco7.513.310.77.70.9%
China54.218.33.92.2-65.6%
LebanonN/AN/A22.41.1-95.1%
Others26.51.5N/AN/A-94.3%
Total11315820718217.2%

Top Suppliers of Wood; Shuttering for Concrete Constructional Work to Cameroon in 2022:

  1. France (66.9 tons)
  2. Italy (26.5 tons)
  3. Germany (21.2 tons)
  4. Morocco (19.0 tons)
  5. Turkey (15.0 tons)
  6. Spain (11.4 tons)
  7. Belgium (9.7 tons)
  8. China (9.2 tons)
  9. Lebanon (1.9 tons)

Exports of Wood; Shuttering for Concrete Constructional Work in Cameroon

In 2022, the amount of wood; shuttering for concrete constructional work exported from Cameroon declined sharply to 2.5 tons, shrinking by -18.1% compared with 2021. In general, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 141% against the previous year.

In value terms, exports of wood; shuttering for concrete constructional work fell to $6K in 2022. Overall, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 29% against the previous year.

Export of Wood; Shuttering for Concrete Constructional Work in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Equatorial Guinea3.23.36.76.023.3%
Congo1.51.9N/AN/A26.7%
Kenya3.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total8.05.26.76.0-9.1%

Top Export Markets for Wood; Shuttering for Concrete Constructional Work from Cameroon in 2022:

  1. Equatorial Guinea (2.5 tons)

Source: IndexBox Market Intelligence Platform

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