Weaving Machines (Looms) Price in Cameroon - 2022
Contents:
Weaving Machines (Looms) Price in Cameroon (CIF) - 2022
The average weaving machines (looms) import price stood at $27,001 per unit in 2022, with a decrease of -21.4% against the previous year. In general, the import price, however, posted a strong increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 977%. Over the period under review, average import prices attained the peak figure at $34,344 per unit in 2021, and then fell sharply in the following year.
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 Czech Republic ($89,101 per unit), while the price for Belgium ($177 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+62.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Weaving Machines (Looms) Imports in Cameroon
After three years of growth, overseas purchases of weaving machines (looms)s decreased by -59.5% to 15 units in 2022. Over the period under review, imports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 300%. Over the period under review, imports reached the maximum at 37 units in 2021, and then declined sharply in the following year.
In value terms, weaving machines (looms) imports shrank markedly to $405K in 2022. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 736% against the previous year. Over the period under review, imports hit record highs at $1.3M in 2021, and then plummeted in the following year.
| Import of Weaving Machines (Looms) in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 51.8 | 145 | 283 | 144 | 40.6% |
| Germany | 30.4 | 268 | 453 | 142 | 67.2% |
| Czech Republic | 13.5 | 114 | 214 | 89.1 | 87.6% |
| India | 4.3 | 16.7 | 89.0 | 24.2 | 77.9% |
| China | 3.5 | 19.9 | 25.3 | 4.6 | 9.5% |
| Taiwan (Chinese) | 0.6 | 3.5 | 5.4 | 1.5 | 35.7% |
| Belgium | N/A | 0.3 | 0.5 | 0.2 | -18.4% |
| Austria | N/A | 266 | 199 | N/A | -25.2% |
| Others | N/A | 36.5 | 0.6 | N/A | -98.4% |
| Total | 104 | 871 | 1,271 | 405 | 57.3% |
Top Suppliers of Weaving Machines (Looms) to Cameroon in 2022:
- Germany (7.0 units)
- Italy (2.0 units)
- India (2.0 units)
- Czech Republic (1.0 units)
- Taiwan (Chinese) (1.0 units)
- Belgium (1.0 units)
- China (1.0 units)
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