Cameroon: Market for Plastic Hoses and Hose Fittings 2024

Market Size for Plastic Hoses and Hose Fittings in Cameroon

The Cameroonian market for plastic hoses and hose fittings expanded remarkably to $X in 2022, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a buoyant 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.

Exports of Plastic Hoses and Hose Fittings

Exports from Cameroon

After four years of growth, overseas shipments of plastic hoses and hose fittings decreased by X% to X tons in 2022. Over the period under review, exports, however, showed prominent growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then declined in the following year.

In value terms, plastic hose and hose fitting exports fell slightly to $X in 2022. Overall, exports, however, showed a modest expansion. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Chad (X tons) was the main destination for plastic hose and hose fitting exports from Cameroon, with a X% share of total exports. Moreover, plastic hose and hose fitting exports to Chad exceeded the volume sent to the second major destination, Central African Republic (X tons), sixfold. The third position in this ranking was held by Equatorial Guinea (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Chad amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Central African Republic (X% per year) and Equatorial Guinea (X% per year).

In value terms, Chad ($X) remains the key foreign market for plastic hoses and hose fittings exports from Cameroon, comprising X% of total exports. The second position in the ranking was taken by Nigeria ($X), with a X% share of total exports. It was followed by Equatorial Guinea, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Chad stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (X% per year) and Equatorial Guinea (X% per year).

Export Prices by Country

In 2022, the average export price for plastic hoses and hose fittings amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced contraction. The growth pace was the most rapid in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while the average price for exports to Central African Republic ($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.

Imports of Plastic Hoses and Hose Fittings

Imports into Cameroon

In 2022, imports of plastic hoses and hose fittings into Cameroon rose remarkably to X tons, with an increase of X% against 2021 figures. Overall, imports recorded a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, plastic hose and hose fitting imports surged to $X in 2022. Over the period under review, imports enjoyed a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), Tunisia (X tons) and the United Arab Emirates (X tons) were the main suppliers of plastic hose and hose fitting imports to Cameroon, together comprising X% of total imports. France, Ghana, Turkey, Saudi Arabia and Italy lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest plastic hose and hose fitting suppliers to Cameroon were China ($X), Tunisia ($X) and France ($X), together comprising X% of total imports. The United Arab Emirates, Turkey, Italy, Ghana and Saudi Arabia lagged somewhat behind, together accounting for a further X%.

Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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 import price for plastic hoses and hose fittings amounted to $X per ton, increasing by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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