Cameroon: Non-Cotton Terry Towelling Market 2024

Non-Cotton Terry Towelling Market Size in Cameroon

The Cameroonian non-cotton terry towelling market declined sharply to $X in 2023, which is down 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 saw a deep slump. As a result, consumption reached the peak level of $X. From 2021 to 2023, the growth of the market remained at a somewhat lower figure.

Non-Cotton Terry Towelling Exports

Exports from Cameroon

In 2023, approx. X square meters of terry towelling (excluding of cotton) were exported from Cameroon; which is down by X% compared with 2022 figures. Over the period under review, exports recorded a deep reduction. The pace of growth was the most pronounced in 2022 with an increase of X%. Over the period under review, the exports hit record highs at X square meters in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

In value terms, non-cotton terry towelling exports declined to $X in 2023. Overall, exports faced a abrupt contraction. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Congo (X square meters) was the main destination for non-cotton terry towelling exports from Cameroon, with a X% share of total exports. Moreover, non-cotton terry towelling exports to Congo exceeded the volume sent to the second major destination, Cyprus (X square meters), more than tenfold.

From 2012 to 2023, the average annual rate of growth in terms of volume to Congo stood at X%.

In value terms, Congo ($X) remains the key foreign market for terry towelling (excluding of cotton) exports from Cameroon, comprising X% of total exports. The second position in the ranking was held by Cyprus ($X), with a X% share of total exports.

From 2012 to 2023, the average annual growth rate of value to Congo totaled X%.

Export Prices by Country

In 2023, the average non-cotton terry towelling export price amounted to $X per square meter, with an increase of X% against the previous year. Over the period under review, the export price, however, recorded a mild reduction. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per square meter in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($X per square meter), while the average price for exports to Congo totaled $X per square meter.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (X%).

Non-Cotton Terry Towelling Imports

Imports into Cameroon

In 2023, non-cotton terry towelling imports into Cameroon contracted sharply to X square meters, declining by X% against 2022 figures. Overall, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X square meters. From 2021 to 2023, the growth of imports remained at a lower figure.

In value terms, non-cotton terry towelling imports reduced notably to $X in 2023. In general, imports continue to indicate a precipitous decline. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports reached the peak of $X. From 2021 to 2023, the growth of imports remained at a lower figure.

Imports by Country

In 2023, Thailand (X square meters) was the main supplier of non-cotton terry towelling to Cameroon, accounting for a X% share of total imports. Moreover, non-cotton terry towelling imports from Thailand exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X square meters), more than tenfold.

From 2012 to 2023, the average annual growth rate of volume from Thailand amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Turkey (X% per year).

In value terms, Thailand ($X) constituted the largest supplier of terry towelling (excluding of cotton) to Cameroon, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value from Thailand stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

The average non-cotton terry towelling import price stood at $X per square meter in 2023, reducing by X% against the previous year. Overall, the import price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per square meter in 2012; however, from 2013 to 2023, 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 Thailand ($X per square meter), while the price for the United Arab Emirates ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform