Waxes; Artificial, Prepared Price in Cameroon - 2022

Contents:

1. Waxes; Artificial, Prepared Price in Cameroon (CIF) - 2022
2. Waxes; Artificial, Prepared Price in Cameroon (FOB) - 2022
3. Waxes; Artificial, Prepared Imports in Cameroon
4. Waxes; Artificial, Prepared Exports in Cameroon

Waxes; Artificial, Prepared Price in Cameroon (CIF) - 2022

In 2022, the average waxes; artificial, prepared import price amounted to $2,640 per ton, remaining relatively unchanged against the previous year. Overall, the import price, however, saw a mild descent. The most prominent rate of growth was recorded in 2013 when the average import price increased by 41% against the previous year. As a result, import price reached the peak level of $4,406 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($4,661 per ton), while the price for France ($1,195 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Waxes; Artificial, Prepared Price in Cameroon (FOB) - 2022

The average waxes; artificial, prepared export price stood at $5,721 per ton in 2022, increasing by 25% against the previous year. Overall, the export price continues to indicate a noticeable increase. The most prominent rate of growth was recorded in 2015 an increase of 193% against the previous year. Over the period under review, the average export prices hit record highs at $9,429 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($8,750 per ton), while the average price for exports to Cote d'Ivoire totaled $5,410 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+6.9%).

Waxes; Artificial, Prepared Imports in Cameroon

After three years of growth, supplies from abroad of waxes; artificial, prepared decreased by -7.6% to 276 tons in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.4% 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 +92.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 75%.

In value terms, waxes; artificial, prepared imports reduced to $728K in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 88% against the previous year.

Top Suppliers of Waxes; Artificial, Prepared to Cameroon in 2022:

1. China (89.2 tons)
2. Germany (27.0 tons)
3. Denmark (20.8 tons)
4. Spain (16.5 tons)
5. Nigeria (14.4 tons)
6. United Kingdom (11.0 tons)
7. Costa Rica (5.6 tons)

Waxes; Artificial, Prepared Exports in Cameroon

Waxes; artificial, prepared exports from Cameroon dropped markedly to 43 kg in 2022, falling by -32.8% compared with the year before. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 205%. As a result, the exports attained the peak of 64 kg, and then contracted significantly in the following year.

In value terms, waxes; artificial, prepared exports dropped sharply to $246 in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 92% against the previous year.

Top Export Markets for Waxes; Artificial, Prepared from Cameroon in 2022:

1. Cote d'Ivoire (39.0 kg)
2. France (4.0 kg)

Source: IndexBox Market Intelligence Platform