Salicylic Acid Price in Cameroon - 2022
Contents:
Salicylic Acid Price in Cameroon (CIF) - 2022
In 2022, the average salicylic acid import price amounted to $3,660 per ton, therefore, remained relatively stable against the previous year. In general, the import price, however, continues to indicate resilient growth. The growth pace was the most rapid in 2018 an increase of 141% against the previous year. Over the period under review, average import prices attained the maximum at $4,262 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +13.5% per year.
Salicylic Acid Imports in Cameroon
In 2022, purchases abroad of salicylic acid and its salts decreased by -5.6% to 32 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 306%.
In value terms, salicylic acid imports fell to $117K in 2022. In general, imports, however, posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 351% against the previous year.
| Import of Salicylic Acid in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 25.1 | 106 | 71.5 | 92.0 | 54.2% |
| Others | 0.6 | 9.6 | 52.6 | 25.2 | 247.6% |
| Total | 25.7 | 116 | 124 | 117 | 65.7% |
Top Suppliers of Salicylic Acid to Cameroon in 2022:
- China (32.2 tons)
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