Cameroon: Market for Furnishing Articles, Furniture and Cushion Covers 2024

Market Size for Furnishing Articles, Furniture and Cushion Covers in Cameroon

In 2022, the Cameroonian market for furnishing articles, furniture and cushion covers increased by X% to $X, rising for the third consecutive year after three years of decline. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Consumption of peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Furnishing Articles, Furniture and Cushion Covers in Cameroon

In value terms, production of furnishing articles, furniture and cushion covers dropped to $X in 2022 estimated in export price. Overall, production continues to indicate a deep slump. The growth pace was the most rapid in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth remained at a somewhat lower figure.

Exports of Furnishing Articles, Furniture and Cushion Covers

Exports from Cameroon

In 2022, shipments abroad of furnishing articles, furniture and cushion covers decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, enjoyed a modest increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of furnishing articles, furniture and cushion covers dropped significantly to $X in 2022. In general, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Congo (X tons), Central African Republic (X tons) and Chad (X kg) were the main destinations of exports of furnishing articles, furniture and cushion covers from Cameroon, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Congo (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for furnishing article, furniture and cushion cover exported from Cameroon were Central African Republic ($X), Congo ($X) and Chad ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Congo, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average export price for furnishing articles, furniture and cushion covers amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while the average price for exports to Congo ($X 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 Cote d'Ivoire (X%), while the prices for the other major destinations experienced a decline.

Imports of Furnishing Articles, Furniture and Cushion Covers

Imports into Cameroon

In 2022, purchases abroad of furnishing articles, furniture and cushion covers increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports of reached the maximum at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, imports of furnishing articles, furniture and cushion covers surged to $X in 2022. Overall, imports posted significant growth. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports of reached the maximum at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of furnishing article, furniture and cushion cover to Cameroon, with a X% share of total imports. Moreover, imports of furnishing articles, furniture and cushion covers from India exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was taken by Tanzania (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Tanzania (X% per year).

In value terms, India ($X) constituted the largest supplier of furnishing articles, furniture and cushion covers to Cameroon, comprising X% of total imports. The second position in the ranking was taken by Pakistan ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (X% per year) and Vietnam (X% per year).

Import Prices by Country

The average import price for furnishing articles, furniture and cushion covers stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. The import price peaked at $X per ton in 2021, and then contracted dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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