Cameroon - Silicones (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 2, 2024

Cameroon - Silicones (In Primary Forms) - Market Analysis, Forecast, Size, Trends and Insights

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Silicone Price in Cameroon - 2022

Contents:

  1. Silicone Price in Cameroon (CIF) - 2022
  2. Silicone Price in Cameroon (FOB) - 2022
  3. Silicone Imports in Cameroon
  4. Silicone Exports in Cameroon

Silicone Price in Cameroon (CIF) - 2022

The average silicone import price stood at $1,959 per ton in 2022, with an increase of 5.8% against the previous year. Overall, the import price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2018 an increase of 33%. The import price peaked at $5,248 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($11,889 per ton), while the price for China ($1,033 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+14.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Silicone Price in Cameroon (FOB) - 2022

The average silicone export price stood at $13,193 per ton in 2022, picking up by 8.3% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when the average export price increased by 123% against the previous year. Over the period under review, the average export prices attained the peak figure at $22,211 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 ($31,579 per ton), while the average price for exports to Congo ($5,862 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 India (+46.6%), while the prices for the other major destinations experienced more modest paces of growth.

Silicone Imports in Cameroon

In 2022, the amount of silicones (in primary forms) imported into Cameroon declined significantly to 157 tons, dropping by -31% against the previous year. Overall, imports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 173%. As a result, imports reached the peak of 227 tons, and then declined remarkably in the following year.

In value terms, silicone imports contracted rapidly to $307K in 2022. In general, imports recorded a perceptible downturn. The growth pace was the most rapid in 2021 with an increase of 118%. As a result, imports attained the peak of $420K, and then declined dramatically in the following year.

Import of Silicone in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China84.264.417298.75.4%
United Arab Emirates2.95.461.241.9143.6%
Ireland18.712.515.641.029.9%
India94.237.529.736.2-27.3%
Turkey21.615.229.722.71.7%
South Korea3.34.333.419.179.5%
United Kingdom51.817.55.811.6-39.3%
United States3.30.810.02.2-12.6%
Others64.235.562.833.3-19.7%
Total344193420307-3.7%

Top Suppliers of Silicone to Cameroon in 2022:

  1. China (95.6 tons)
  2. India (13.0 tons)
  3. South Korea (10.9 tons)
  4. United Arab Emirates (10.5 tons)
  5. Turkey (8.9 tons)
  6. Ireland (4.4 tons)
  7. United Kingdom (3.3 tons)
  8. United States (1.3 tons)

Silicone Exports in Cameroon

After three years of growth, shipments abroad of silicones (in primary forms) decreased by -35.9% to 254 kg in 2022. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 459% against the previous year.

In value terms, silicone exports fell sharply to $3.4K in 2022. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 241% against the previous year.

Export of Silicone in Cameroon (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Gabon1777682,1581,823117.6%
Chad12435771060069.1%
NetherlandsN/AN/AN/A2160%
Congo56.011318317044.8%
AustraliaN/AN/A1,171N/A0%
Sao Tome and PrincipeN/A212N/AN/A0%
Others19643360054240.4%
Total5531,8834,8223,35182.3%

Top Export Markets for Silicone from Cameroon in 2022:

  1. Gabon (169.0 kg)
  2. Netherlands (34.0 kg)
  3. Congo (29.0 kg)
  4. Chad (19.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the silicone market in Cameroon. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20165700 - Silicones, in primary forms

Country coverage:

  • Cameroon

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Cameroon
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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