Price for Machinery; Parts of the Machinery of Heading No. 8425 in Cameroon - 2022
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Cameroon (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Cameroon (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Cameroon
- Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Cameroon
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Cameroon (CIF) - 2022
In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $16,588 per ton, picking up by 88% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The import price peaked at $17,697 per ton in 2014; however, from 2015 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 Germany ($42,014 per ton), while the price for China ($4,454 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Cameroon (FOB) - 2022
In 2022, the average export price for machinery; parts of the machinery of heading no. 8425 amounted to $4,741 per ton, dropping by -33.4% against the previous year. In general, the export price continues to indicate a slight reduction. The pace of growth was the most pronounced in 2019 when the average export price increased by 95%. Over the period under review, the average export prices hit record highs at $7,454 per ton in 2013; however, from 2014 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 ($9,453 per ton), while the average price for exports to Belgium ($1,844 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 France (+4.5%), while the prices for the other major destinations experienced a decline.
Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Cameroon
In 2022, after three years of growth, there was significant decline in overseas purchases of machinery; parts of the machinery of heading no. 8425, when their volume decreased by -20.2% to 54 tons. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 68% against the previous year.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 surged to $895K in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 91% against the previous year. Over the period under review, imports of machinery; parts of machinery of heading no. 8425 hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Machinery; Parts of the Machinery of Heading No. 8425 in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 114 | 70.5 | 79.0 | 430 | 55.7% |
| France | 35.1 | 49.1 | 92.8 | 128 | 53.9% |
| Spain | 1.9 | 29.1 | 78.9 | 85.5 | 255.7% |
| India | 36.9 | 41.6 | 1.3 | 44.3 | 6.3% |
| Belgium | 5.9 | 2.1 | 4.5 | 40.5 | 90.0% |
| China | 2.8 | 7.3 | 69.6 | 28.1 | 115.7% |
| United Arab Emirates | 7.0 | 3.2 | 0.2 | 18.2 | 37.5% |
| Netherlands | 3.0 | 48.1 | 169 | 9.0 | 44.2% |
| Portugal | 3.5 | 8.5 | 9.5 | 7.8 | 30.6% |
| Others | 39.9 | 53.6 | 92.3 | 104 | 37.6% |
| Total | 250 | 313 | 597 | 895 | 53.0% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Cameroon in 2022:
- United States (11.1 tons)
- Spain (10.5 tons)
- India (7.6 tons)
- China (6.3 tons)
- France (6.2 tons)
- Belgium (3.5 tons)
- United Arab Emirates (2.9 tons)
- Portugal (1.0 tons)
- Netherlands (0.6 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Cameroon
For the fourth consecutive year, Cameroon recorded growth in overseas shipments of machinery; parts of the machinery of heading no. 8425, which increased by 333% to 6.4 tons in 2022. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 2,467%. Over the period under review, the exports of machinery; parts of machinery of heading no. 8425 attained the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, exports of machinery; parts of the machinery of heading no. 8425 skyrocketed to $30K in 2022. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 2,360%. Over the period under review, the exports of machinery; parts of machinery of heading no. 8425 hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Machinery; Parts of the Machinery of Heading No. 8425 in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Congo | 0.2 | 5.1 | 9.1 | 20.3 | 366.5% |
| Central African Republic | N/A | N/A | 0.3 | 8.2 | 2633.3% |
| Ghana | N/A | 0.4 | 0.6 | 1.0 | 58.1% |
| Belgium | N/A | 0.1 | 0.2 | 0.4 | 100.0% |
| Others | N/A | 0.1 | 0.4 | 0.4 | 100.0% |
| Total | 0.2 | 5.7 | 10.5 | 30.4 | 433.7% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Cameroon in 2022:
- Central African Republic (3.8 tons)
- Congo (2.1 tons)
- Ghana (0.2 tons)
- Belgium (0.2 tons)
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