Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Cameroon - 2022

Contents:

  1. Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Cameroon (CIF) - 2022
  2. Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Cameroon (FOB) - 2022
  3. Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Cameroon
  4. Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Cameroon

Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Cameroon (CIF) - 2022

The average import price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $4,982 per ton in 2022, surging by 119% against the previous year. Overall, the import price posted a pronounced increase. Over the period under review, average import prices hit record highs at $5,793 per ton in 2015; however, from 2016 to 2022, 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 France ($13,039 per ton), while the price for the United Arab Emirates ($1,091 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Cameroon (FOB) - 2022

The average export price for steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia stood at $5,685 per ton in 2022, reducing by -30.7% against the previous year. In general, the export price recorded a abrupt shrinkage. The growth pace was the most rapid in 2017 when the average export price increased by 135% against the previous year. Over the period under review, the average export prices reached the maximum at $15,632 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 Congo ($15,286 per ton), while the average price for exports to Malaysia ($4,564 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 Central African Republic (+66.1%), while the prices for the other major destinations experienced a decline.

Imports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Cameroon

In 2022, the amount of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia imported into Cameroon soared to 79 tons, picking up by 95% on the year before. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 223%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia surged to $395K in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.11.12.6280410.9%
South Africa21.011.923.732.315.4%
China38.55.636.430.2-7.8%
Belgium5.83.10.73.9-12.4%
India17.52.23.43.6-41.0%
Italy9.33.44.32.8-33.0%
Turkey1.60.60.80.7-24.1%
Others15.611.020.641.538.6%
Total11138.992.639552.7%

Top Suppliers of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section to Cameroon in 2022:

  1. Germany (29.0 tons)
  2. China (22.2 tons)
  3. South Africa (20.6 tons)
  4. Turkey (1.2 tons)
  5. Belgium (1.2 tons)
  6. India (0.8 tons)
  7. Italy (0.7 tons)

Exports of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Cameroon

In 2022, shipments abroad of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia was finally on the rise to reach 2.6 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of steel, stainless; (excluding cold-drawn or cold-rolled), tubes and pipes of circular cross-sectia skyrocketed to $15K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/AN/A5.70%
Chad2.72.30.85.325.2%
Congo4.51.30.13.6-7.2%
OthersN/AN/AN/AN/A0%
Total7.23.60.914.626.6%

Top Export Markets for Steel, Stainless; (Excluding Cold-Drawn or Cold-Rolled), Tubes and Pipes of Circular Cross-Section from Cameroon in 2022:

  1. Malaysia (1257.0 kg)
  2. Chad (1071.0 kg)
  3. Congo (234.0 kg)

Source: IndexBox Market Intelligence Platform

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