Wood Charcoal Price in Cameroon - 2022
Contents:
- Wood Charcoal Price in Cameroon (CIF) - 2022
- Wood Charcoal Price in Cameroon (FOB) - 2022
- Wood Charcoal Imports in Cameroon
- Wood Charcoal Exports in Cameroon
Wood Charcoal Price in Cameroon (CIF) - 2022
The average wood charcoal import price stood at $1,574 per ton in 2022, increasing by 9.8% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wood charcoal import price increased by +17.0% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 58%. Over the period under review, average import prices hit record highs at $2,162 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
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 China ($8,660 per ton), while the price for Nigeria ($666 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 (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood Charcoal Price in Cameroon (FOB) - 2022
The average wood charcoal export price stood at $183 per ton in 2022, shrinking by -11.2% against the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2018 when the average export price increased by 32%. The export price peaked at $753 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for Bahrain amounted to +49.5% per year.
Wood Charcoal Imports in Cameroon
In 2022, imports of wood charcoal into Cameroon skyrocketed to 26 tons, rising by 79% against 2021. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 143% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, wood charcoal imports surged to $41K in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wood Charcoal in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.7 | 7.9 | 8.0 | 11.5 | 154.2% |
| Turkey | 0.8 | 3.8 | 6.3 | 9.1 | 124.9% |
| China | 8.0 | 2.2 | 2.6 | 4.4 | -18.1% |
| Lebanon | 1.4 | 2.4 | 2.8 | 4.1 | 43.1% |
| United Arab Emirates | 0.7 | 0.1 | 1.1 | 1.6 | 31.7% |
| Nigeria | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Italy | N/A | N/A | 5.5 | N/A | 0% |
| Others | N/A | 1.3 | -5.7 | 10.0 | 177.4% |
| Total | 11.8 | 17.9 | 20.8 | 40.9 | 51.3% |
Top Suppliers of Wood Charcoal to Cameroon in 2022:
- Lebanon (3.7 tons)
- Turkey (3.0 tons)
- France (2.3 tons)
- United Arab Emirates (0.6 tons)
- China (0.5 tons)
- Nigeria (0.2 tons)
Wood Charcoal Exports in Cameroon
In 2022, the amount of wood charcoal exported from Cameroon surged to 197 tons, rising by 90% on 2021 figures. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,349% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, wood charcoal exports soared to $36K in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 977%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Wood Charcoal in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.9 | 0.3 | 5.1 | 3.6 | 58.7% |
| United Arab Emirates | N/A | N/A | 10.7 | N/A | 0% |
| Others | 0.2 | 11.6 | 5.7 | 32.5 | 445.7% |
| Total | 1.1 | 11.9 | 21.4 | 36.1 | 220.2% |
Top Export Markets for Wood Charcoal from Cameroon in 2022:
- France (11.1 tons)
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