Cameroon: Market for Electric Generating Sets And Rotary Converters 2024

Market Size for Electric Generating Sets And Rotary Converters in Cameroon

The Cameroonian market for electric generating sets and rotary converters declined to $X in 2021, with a decrease of 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). Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Exports of Electric Generating Sets And Rotary Converters

Exports from Cameroon

Exports of electric generating sets and rotary converters from Cameroon shrank to X units in 2021, with a decrease of X% compared with the year before. Overall, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of electric generating sets and rotary converters declined to $X in 2021. In general, exports saw a noticeable curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports of reached the maximum at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Central African Republic (X units), Congo (X units) and Gabon (X units) were the main destinations of exports of electric generating sets and rotary converters from Cameroon.

From 2012 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Central African Republic (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Equatorial Guinea ($X), Central African Republic ($X) and Ghana ($X) constituted the largest markets for electric generating set and rotary converter exported from Cameroon worldwide.

Equatorial Guinea, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for electric generating sets and rotary converters stood at $X per unit in 2020, declining by X% against the previous year. Overall, the export price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2019, and then declined in the following year.

There were significant differences in the average prices for the major overseas markets. In 2020, amid the top suppliers, the country with the highest price was Equatorial Guinea ($X per unit), while the average price for exports to Nigeria ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Generating Sets And Rotary Converters

Imports into Cameroon

In 2021, the amount of electric generating sets and rotary converters imported into Cameroon reduced modestly to X units, with a decrease of X% against the previous year's figure. Over the period under review, imports recorded a mild decline. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports of reached the maximum at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of electric generating sets and rotary converters fell notably to $X in 2021. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2020, the United Arab Emirates (X units) was the main electric generating set and rotary converter supplier to Cameroon, with a X% share of total imports. Moreover, imports of electric generating sets and rotary converters from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, France (X units), more than tenfold. China (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2020, the average annual growth rate of volume from the United Arab Emirates amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and China (X% per year).

In value terms, China ($X), the United Arab Emirates ($X) and France ($X) appeared to be the largest electric generating set and rotary converter suppliers to Cameroon, together accounting for X% of total imports.

The United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2020, the average import price for electric generating sets and rotary converters amounted to $X per unit, increasing by X% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2020: its price increased at an average annual rate of X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, import price for electric generating sets and rotary converters increased by X% against 2017 indices. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2020, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was China ($X per unit), while the price for South Africa ($X per unit) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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