Cameroon: Market for Granite, Sandstone And Other Building Stone 2024

Market Size for Granite, Sandstone And Other Building Stone in Cameroon

After two years of decline, the Cameroonian market for granite, sandstone and other building stone increased by X% to $X in 2022. Overall, consumption, however, recorded a abrupt decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Granite, Sandstone And Other Building Stone in Cameroon

In value terms, production of granite, sandstone and other building stone rose notably to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2019 with an increase of X,800%. Over the period under review, production of reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Granite, Sandstone And Other Building Stone

Exports from Cameroon

In 2022, shipments abroad of granite, sandstone and other building stone decreased by X% to X kg, falling for the second year in a row after two years of growth. In general, exports saw a abrupt descent. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of granite, sandstone and other building stone fell remarkably to $X in 2022. Over the period under review, exports showed a pronounced curtailment. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports of attained the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for exports of granite, sandstone and other building stone from Cameroon, with a X% share of total exports. It was followed by France (X tons), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Taiwan (Chinese) (X% per year).

In value terms, China ($X) remains the key foreign market for granite, sandstone and other building stone exports from Cameroon, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

The average export price for granite, sandstone and other building stone stood at $X per ton in 2021, shrinking by X% against the previous year. In general, the export price, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2020, and then shrank in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (X%).

Imports of Granite, Sandstone And Other Building Stone

Imports into Cameroon

In 2022, approx. X kg of granite, sandstone and other building stone were imported into Cameroon; surging by X% against 2021 figures. Over the period under review, imports, however, continue to indicate a sharp slump. Over the period under review, imports of attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of granite, sandstone and other building stone skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a sharp shrinkage. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2021, India (X tons) was the main supplier of granite, sandstone and other building stone to Cameroon, with a X% share of total imports. It was followed by China (X tons), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from India was relatively modest.

In value terms, India ($X) constituted the largest supplier of granite, sandstone and other building stone to Cameroon, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from India totaled X%.

Import Prices by Country

The average import price for granite, sandstone and other building stone stood at $X per ton in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the import price posted a noticeable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for India stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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