Cameroon: Other Chemical Products Market 2024

Other Chemical Products Market Size in Cameroon

In 2022, after three years of decline, there was significant growth in the Cameroonian other chemical products market, when its value increased by X% to $X. In general, consumption, however, recorded a noticeable setback. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Other Chemical Products Exports

Exports from Cameroon

In 2022, after two years of growth, there was decline in shipments abroad of other chemical products, when their volume decreased by X% to X tons. In general, exports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, other chemical products exports declined to $X in 2022. Overall, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for other chemical products exports from Cameroon, accounting for a X% share of total exports. It was followed by Tanzania (X kg), with a X% share of total exports. The third position in this ranking was held by Central African Republic (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and Central African Republic (X% per year).

In value terms, the UK ($X) remains the key foreign market for other chemical products exports from Cameroon, comprising X% of total exports. The second position in the ranking was held by Central African Republic ($X), with a X% share of total exports. It was followed by Gabon, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the UK totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Central African Republic (X% per year) and Gabon (X% per year).

Export Prices by Country

The average other chemical products export price stood at $X per ton in 2022, remaining stable against the previous year. In general, the export price, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Gabon (X%), while the prices for the other major destinations experienced more modest paces of growth.

Other Chemical Products Imports

Imports into Cameroon

After three years of decline, supplies from abroad of other chemical products increased by X% to X tons in 2022. Over the period under review, imports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, other chemical products imports soared to $X in 2022. In general, imports, however, continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), Belgium (X tons) and Egypt (X tons) were the main suppliers of other chemical products 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 Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest other chemical products suppliers to Cameroon were the Netherlands ($X), Germany ($X) and the United States ($X), together comprising X% of total imports. Spain, Egypt, France, Italy, Belgium, the UK and China lagged somewhat behind, together comprising a further X%.

Spain, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average other chemical products import price amounted to $X per ton, approximately reflecting the previous year. Overall, the import price, however, saw a pronounced setback. The pace of growth appeared the most rapid in 2015 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the average 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 ($X per ton), while the price for China ($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 United States (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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