Cameroon: Men Knitwear Market 2024

Men Knitwear Market Size in Cameroon

The Cameroonian men knitwear market reduced to $X in 2022, shrinking by X% against the previous year. In general, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Men knitwear consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Men Knitwear Production in Cameroon

In value terms, men knitwear production fell modestly to $X in 2022 estimated in export price. In general, production, however, posted buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Men knitwear production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Men Knitwear Exports

Exports from Cameroon

In 2022, overseas shipments of men's or boys' clothing (knitted or crocheted) decreased by X% to X units, falling for the second year in a row after four years of growth. Over the period under review, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, men knitwear exports declined significantly to $X in 2022. Overall, exports, however, saw prominent growth. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Myanmar (X units) was the main destination for men knitwear exports from Cameroon, with a X% share of total exports. It was followed by Hong Kong SAR (X units), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Myanmar amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Slovakia (X% per year).

In value terms, Myanmar ($X) emerged as the key foreign market for men's or boys' clothing (knitted or crocheted) exports from Cameroon, comprising X% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Myanmar totaled X.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (X% per year) and Slovakia (X% per year).

Export Prices by Country

The average men knitwear export price stood at $X per unit in 2022, declining by X% against the previous year. In general, the export price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Myanmar ($X per unit), while the average price for exports to Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (X.5%), while the prices for the other major destinations experienced more modest paces of growth.

Men Knitwear Imports

Imports into Cameroon

In 2022, imports of men's or boys' clothing (knitted or crocheted) into Cameroon contracted markedly to X units, with a decrease of X% on the previous year. Overall, imports faced a precipitous curtailment. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, men knitwear imports dropped to $X in 2022. In general, imports faced a dramatic contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main supplier of men knitwear to Cameroon, accounting for a X% share of total imports. It was followed by India (X units), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%.

In value terms, China ($X) constituted the largest supplier of men's or boys' clothing (knitted or crocheted) to Cameroon, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%.

Import Prices by Country

In 2022, the average men knitwear import price amounted to $X per unit, surging by X% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, men knitwear import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per unit), while the price for China totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Source: IndexBox Platform

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