Cameroon: Nail And Bolt Market 2024

Nail And Bolt Market Size in Cameroon

The Cameroonian nail and bolt market rose modestly to $X in 2022, surging by X% against the previous year. Overall, consumption, however, recorded a mild decrease. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Nail And Bolt Production in Cameroon

In value terms, nail and bolt production rose to $X in 2022 estimated in export price. In general, production, however, continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Nail and bolt production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Nail And Bolt Exports

Exports from Cameroon

In 2022, approx. X tons of nails, tacks, staples, screws and bolts were exported from Cameroon; growing by X% against the previous year's figure. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, nail and bolt exports surged to $X in 2022. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Chad (X tons) was the main destination for nail and bolt exports from Cameroon, accounting for a X% share of total exports. It was followed by Equatorial Guinea (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Chad totaled X%.

In value terms, Chad ($X) remains the key foreign market for nails, tacks, staples, screws and bolts exports from Cameroon, comprising X% of total exports. The second position in the ranking was held by Equatorial Guinea ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Chad amounted to X%.

Export Prices by Country

In 2022, the average nail and bolt export price amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 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 Equatorial Guinea ($X per ton), while the average price for exports to Chad amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Equatorial Guinea (X%).

Nail And Bolt Imports

Imports into Cameroon

In 2022, approx. X tons of nails, tacks, staples, screws and bolts were imported into Cameroon; surging by X% against 2021. Overall, imports, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, nail and bolt imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), the United Arab Emirates (X tons) and France (X tons) were the main suppliers of nail and bolt imports to Cameroon, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of nails, tacks, staples, screws and bolts to Cameroon, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average nail and bolt import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nail and bolt import price decreased by X% against 2017 indices. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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