Pharmaceutical Goods Price in Cameroon - 2022

Contents:

1. Pharmaceutical Goods Price in Cameroon (CIF) - 2022
2. Pharmaceutical Goods Price in Cameroon (FOB) - 2022
3. Pharmaceutical Goods Imports in Cameroon
4. Pharmaceutical Goods Exports in Cameroon

Pharmaceutical Goods Price in Cameroon (CIF) - 2022

The average pharmaceutical goods import price stood at $11,827 per ton in 2022, picking up by 24% against the previous year. Over the period under review, the import price, however, saw a pronounced contraction. The pace of growth appeared the most rapid in 2018 an increase of 54% against the previous year. As a result, import price reached the peak level of $23,707 per ton. From 2019 to 2022, the average 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 Spain ($17,839 per ton), while the price for Congo ($1,074 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Pharmaceutical Goods Price in Cameroon (FOB) - 2022

In 2022, the average pharmaceutical goods export price amounted to $49,848 per ton, rising by 86% against the previous year. Overall, the export price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 157%. The export price peaked at $130,960 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($170,500 per ton), while the average price for exports to Chad ($1,384 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 Italy (+704.8%), while the prices for the other major destinations experienced more modest paces of growth.

Pharmaceutical Goods Imports in Cameroon

Pharmaceutical goods imports into Cameroon reached 170 tons in 2022, with an increase of 4.3% against the year before. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, pharmaceutical goods imports skyrocketed to $2M in 2022. In general, imports, however, continue to indicate a deep reduction.

Top Suppliers of Pharmaceutical Goods to Cameroon in 2022:

1. France (31.5 tons)
2. Finland (29.1 tons)
3. Thailand (19.6 tons)
4. China (13.1 tons)
5. Turkey (11.1 tons)
6. Belgium (10.5 tons)
7. Ghana (8.5 tons)
8. India (7.2 tons)
9. Congo (6.0 tons)
10. Bulgaria (4.2 tons)
11. Spain (4.1 tons)
12. United States (3.5 tons)
13. Germany (1.4 tons)

Pharmaceutical Goods Exports in Cameroon

In 2022, approx. 3.5 tons of pharmaceutical goodses were exported from Cameroon; rising by 956% against the year before. Over the period under review, exports continue to indicate significant growth.

In value terms, pharmaceutical goods exports surged to $174K in 2022. In general, exports recorded a relatively flat trend pattern.

Top Export Markets for Pharmaceutical Goods from Cameroon in 2022:

1. Democratic Republic of the Congo (1073.0 kg)
2. Chad (976.0 kg)
3. Congo (543.0 kg)
4. Central African Republic (468.0 kg)
5. United Kingdom (141.0 kg)
6. Gabon (85.0 kg)
7. Ireland (77.0 kg)
8. France (70.0 kg)

Source: IndexBox Market Intelligence Platform