Cameroon: Market for Plastics Pipes And Pipe Fittings 2024

Market Size for Plastics Pipes And Pipe Fittings in Cameroon

The Cameroonian market for plastics pipes and pipe fittings shrank dramatically to $X in 2022, falling by 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). In general, consumption, however, showed notable growth. Plastics pipe and pipe fitting consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Exports of Plastics Pipes And Pipe Fittings

Exports from Cameroon

Plastics pipe and pipe fitting exports from Cameroon rose markedly to X tons in 2022, with an increase of X% compared with the previous year. Overall, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded 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 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastics pipe and pipe fitting exports totaled $X in 2022. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Gabon (X tons) was the main destination for plastics pipe and pipe fitting exports from Cameroon, with a X% share of total exports. It was followed by Central African Republic (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Gabon stood at X%.

In value terms, Gabon ($X) remains the key foreign market for plastics pipes and pipe fittings exports from Cameroon, comprising X% of total exports. The second position in the ranking was held by Central African Republic ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Gabon totaled X%.

Export Prices by Country

The average export price for plastics pipes and pipe fittings stood at $X per ton in 2022, approximately reflecting the previous year. Overall, the export price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Central African Republic ($X per ton), while the average price for exports to Gabon totaled $X per ton.

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

Imports of Plastics Pipes And Pipe Fittings

Imports into Cameroon

In 2022, after two years of growth, there was significant decline in supplies from abroad of plastics pipes and pipe fittings, when their volume decreased by X% to X tons. Over the period under review, imports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, plastics pipe and pipe fitting imports dropped markedly to $X in 2022. Overall, total imports indicated a moderate expansion from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

China (X tons), France (X tons) and the United Arab Emirates (X tons) were the main suppliers of plastics pipe and pipe fitting imports to Cameroon, with a combined X% share of total imports. Spain, Italy, Taiwan (Chinese), Ghana and Cote d'Ivoire lagged somewhat behind, together accounting for a further X%.

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

In value terms, China ($X), France ($X) and Italy ($X) appeared to be the largest plastics pipe and pipe fitting suppliers to Cameroon, with a combined X% share of total imports. Spain, the United Arab Emirates, Ghana, Cote d'Ivoire and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of 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

The average import price for plastics pipes and pipe fittings stood at $X per ton in 2022, remaining constant against the previous year. Over the period under review, the import price continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Cote d'Ivoire ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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