Report Update May 1, 2024

Cameroon - Non-Electric Industrial or Laboratory Furnaces and Ovens - Market Analysis, Forecast, Size, Trends and Insights

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Cameroon: Non-Electric Industrial Furnace Market 2024

Non-Electric Industrial Furnace Market Size in Cameroon

The Cameroonian non-electric industrial furnace market expanded remarkably to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption showed a strong expansion. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Non-Electric Industrial Furnace Production in Cameroon

In value terms, non-electric industrial furnace production rose significantly to $X in 2022 estimated in export price. Overall, production recorded a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Non-electric industrial furnace production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Non-Electric Industrial Furnace Exports

Exports from Cameroon

Non-electric industrial furnace exports from Cameroon soared to X units in 2022, with an increase of X% on the previous year's figure. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-electric industrial furnace exports skyrocketed to $X in 2022. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Central African Republic (X units) was the main destination for non-electric industrial furnace exports from Cameroon, with a approx. X% share of total exports.

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

In value terms, Central African Republic ($X) also remains the key foreign market for non-electric industrial or laboratory furnaces and ovens exports from Cameroon.

From 2012 to 2022, the average annual rate of growth in terms of value to Central African Republic totaled X%.

Export Prices by Country

In 2022, the average non-electric industrial furnace export price amounted to $X per unit, reducing by X% against the previous year. Overall, the export price, however, showed buoyant growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by X%. The export price peaked at $X per unit in 2021, and then declined in the following year.

As there is only one major export destination, the average price level is determined by prices for Central African Republic.

From 2012 to 2022, the rate of growth in terms of prices for Central African Republic amounted to X% per year.

Non-Electric Industrial Furnace Imports

Imports into Cameroon

Non-electric industrial furnace imports into Cameroon expanded remarkably to X units in 2022, growing by X% against the previous year's figure. In general, imports, however, showed a abrupt downturn. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, non-electric industrial furnace imports soared to $X in 2022. Over the period under review, imports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), India (X units) and Turkey (X units) were the main suppliers of non-electric industrial furnace imports to Cameroon, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of non-electric industrial or laboratory furnaces and ovens to Cameroon, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and the United States (X% per year).

Import Prices by Country

The average non-electric industrial furnace import price stood at $X per unit in 2022, picking up by X% against the previous year. In general, the import price saw a tangible increase. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per unit), while the price for Greece ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for non-electric industrial or laboratory furnaces and ovens in the world?

Latvia remains the largest non-electric industrial furnace consuming country worldwide, accounting for 38% of total volume. Moreover, non-electric industrial furnace consumption in Latvia exceeded the figures recorded by the second-largest consumer, Greece, twofold. China ranked third in terms of total consumption with an 8.4% share.

What are the largest producers of non-electric industrial or laboratory furnaces and ovens in the world?

The countries with the highest volumes of production in 2022 were Latvia, Greece and China, together accounting for 65% of global production. The United States, India, Russia, Pakistan, Brazil and Japan lagged somewhat behind, together comprising a further 16%.

What are the leading suppliers of non-electric industrial or laboratory furnaces and ovens to Cameroon?

In value terms, China constituted the largest supplier of non-electric industrial or laboratory furnaces and ovens to Cameroon, comprising 51% of total imports. The second position in the ranking was held by Spain, with a 17% share of total imports. It was followed by the United States, with a 6.9% share.

What are the leading importers of non-electric industrial or laboratory furnaces and ovens from Cameroon?

In value terms, Central African Republic remains the key foreign market for non-electric industrial or laboratory furnaces and ovens exports from Cameroon.

What is the average export price for non-electric industrial or laboratory furnaces and ovens in Cameroon?

In 2022, the average non-electric industrial furnace export price amounted to $19,908 per unit, declining by -12% against the previous year.

What is the average import price for non-electric industrial or laboratory furnaces and ovens in Cameroon?

In 2022, the average non-electric industrial furnace import price amounted to $8,257 per unit, with an increase of 20% against the previous year.

This report provides an in-depth analysis of the non-electric industrial furnace market in Cameroon. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28211270 - Industrial or laboratory furnaces and ovens, non-electric, i ncluding incinerators (excluding those for the roasting, m elting or other heat treatment of ores, pyrites or metals, b akery ovens, drying ovens and ovens for cracking operations)

Country coverage:

Cameroon

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Cameroon
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023