Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Cameroon - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Cameroon (FOB) - 2022
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Cameroon (CIF) - 2022
- Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Cameroon
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Cameroon
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Cameroon (FOB) - 2022
The average export price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $517 per ton in 2022, approximately reflecting the previous year. Overall, the export price, however, continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2017 an increase of 4.1% against the previous year. The export price peaked at $700 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Congo.
From 2012 to 2022, the rate of growth in terms of prices for Congo amounted to -3.0% per year.
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Cameroon (CIF) - 2022
The average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $2,025 per ton in 2022, with an increase of 6.8% against the previous year. Overall, the import price recorded a notable increase. The growth pace was the most rapid in 2019 when the average import price increased by 76%. As a result, import price reached the peak level of $2,679 per ton. From 2020 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 the United States ($32,037 per ton), while the price for China ($659 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 (+29.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Cameroon
In 2022, after three years of growth, there was significant decline in shipments abroad of fertilizers, mineral or chemical; containing nitrates and phosphateses, when their volume decreased by -8.3% to 1.2K tons. The total export volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 20%.
In value terms, exports of fertilizers, mineral or chemical; containing nitrates and phosphateses reduced to $609K in 2022. The total export value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 20%.
| Export of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Congo | 461 | 554 | 664 | 609 | 9.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 461 | 554 | 664 | 609 | 9.7% |
Top Export Markets for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates from Cameroon in 2022:
- Congo (1.2K tons)
Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Cameroon
After three years of growth, overseas purchases of fertilizers, mineral or chemical; containing nitrates and phosphateses decreased by -44.8% to 7.7 tons in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 240% against the previous year. As a result, imports attained the peak of 14 tons, and then reduced notably in the following year.
In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses declined sharply to $16K in 2022. In general, imports, however, showed a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 459% against the previous year. As a result, imports attained the peak of $27K, and then dropped notably in the following year.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 7.3 | 2.9 | 16.7 | 10.4 | 12.5% |
| China | 1.9 | 1.2 | 8.1 | 4.4 | 32.3% |
| Nigeria | N/A | 0.2 | N/A | N/A | 0% |
| Others | 1.4 | 0.4 | 1.8 | 0.9 | -13.7% |
| Total | 10.6 | 4.8 | 26.6 | 15.7 | 14.0% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Cameroon in 2022:
- China (6.6 tons)
- France (1.1 tons)
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