Price for Mineral Substances Not Elsewhere Specified or Included in Cameroon - 2022

Contents:

  1. Price for Mineral Substances Not Elsewhere Specified or Included in Cameroon (CIF) - 2022
  2. Price for Mineral Substances Not Elsewhere Specified or Included in Cameroon (FOB) - 2022
  3. Imports of Mineral Substances Not Elsewhere Specified or Included in Cameroon
  4. Exports of Mineral Substances Not Elsewhere Specified or Included in Cameroon

Price for Mineral Substances Not Elsewhere Specified or Included in Cameroon (CIF) - 2022

In 2022, the average import price for mineral substances not elsewhere specified or includeds amounted to $156 per ton, with an increase of 18% against the previous year. Overall, the import price, however, showed a noticeable setback. The pace of growth appeared the most rapid in 2013 when the average import price increased by 84% against the previous year. As a result, import price attained the peak level of $354 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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 India ($278 per ton), while the price for Chad ($34 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.7%), while the prices for the other major suppliers experienced a decline.

Price for Mineral Substances Not Elsewhere Specified or Included in Cameroon (FOB) - 2022

The average export price for mineral substances not elsewhere specified or includeds stood at $3,710 per ton in 2022, rising by 296% against the previous year. In general, the export price continues to indicate strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($16,125 per ton), while the average price for exports to Canada ($358 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 China (+31.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mineral Substances Not Elsewhere Specified or Included in Cameroon

In 2022, overseas purchases of mineral substances not elsewhere specified or includeds were finally on the rise to reach 2.5K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a drastic downturn.

In value terms, imports of mineral substances not elsewhere specified or includeds skyrocketed to $388K in 2022. In general, imports, however, continue to indicate a dramatic curtailment.

Import of Mineral Substances Not Elsewhere Specified or Included in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China531144116244-22.8%
India24168.973.4120-20.7%
Chad24.613.916.420.6-5.7%
TunisiaN/AN/A38.8N/A0%
NetherlandsN/A280N/AN/A0%
Others10.620.83.73.1-33.6%
Total807528248388-21.7%

Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Cameroon in 2022:

  1. China (1444.1 tons)
  2. Chad (602.1 tons)
  3. India (432.9 tons)

Exports of Mineral Substances Not Elsewhere Specified or Included in Cameroon

In 2022, exports of mineral substances not elsewhere specified or includeds from Cameroon shrank notably to 5.7 tons, reducing by -85.5% on 2021. Overall, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 1,299%. As a result, the exports attained the peak of 39 tons, and then fell dramatically in the following year.

In value terms, exports of mineral substances not elsewhere specified or includeds declined sharply to $21K in 2022. In general, exports saw a noticeable reduction. The growth pace was the most rapid in 2021 when exports increased by 559%. As a result, the exports attained the peak of $36K, and then fell markedly in the following year.

Export of Mineral Substances Not Elsewhere Specified or Included in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Central African RepublicN/A5.417.78.827.7%
China0.80.1N/A8.7121.6%
Canada0.1N/A1.00.226.0%
Congo3.4N/A4.9N/A20.0%
United States18.2N/A11.6N/A-20.2%
Others0.3N/A1.33.2120.1%
Total22.75.536.421.0-2.6%

Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Cameroon in 2022:

  1. Central African Republic (3.2 tons)
  2. China (0.8 tons)
  3. Canada (0.5 tons)

Source: IndexBox Market Intelligence Platform

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