Cameroon - Hydraulic Jacks And Hoists For Raising Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHydraulic Jack Price in Cameroon - 2022
Contents:
- Hydraulic Jack Price in Cameroon (CIF) - 2022
- Hydraulic Jack Price in Cameroon (FOB) - 2022
- Hydraulic Jack Imports in Cameroon
- Hydraulic Jack Exports in Cameroon
Hydraulic Jack Price in Cameroon (CIF) - 2022
The average hydraulic jack import price stood at $44 per unit in 2022, which is down by -46.7% against the previous year. Overall, the import price recorded a dramatic downturn. The pace of growth appeared the most rapid in 2015 an increase of 29%. Over the period under review, average import prices reached the maximum at $1,073 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($1,143 per unit), while the price for China ($26 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Hydraulic Jack Price in Cameroon (FOB) - 2022
The average hydraulic jack export price stood at $1,684 per unit in 2022, falling by -61.1% against the previous year. In general, the export price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2013 an increase of 135% against the previous year. The export price peaked at $9,245 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($3,791 per unit), while the average price for exports to South Africa ($33 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 Italy (+98.5%), while the prices for the other major destinations experienced more modest paces of growth.
Hydraulic Jack Imports in Cameroon
Hydraulic jack imports into Cameroon surged to 11K units in 2022, picking up by 81% compared with the previous year. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 99%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, hydraulic jack imports surged to $643K in 2022. The total import value increased at an average annual rate of +14.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 32% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.
Import of Hydraulic Jack in Cameroon (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 53.7 | 133 | 88.0 | 267 | 70.7% |
France | 148 | 183 | 214 | 197 | 10.0% |
Spain | 10.6 | 26.6 | 13.4 | 37.3 | 52.1% |
Belgium | 11.1 | 0.6 | 3.7 | 6.9 | -14.7% |
Tanzania | N/A | N/A | 1.8 | N/A | 0% |
Others | 210 | 228 | 182 | 136 | -13.5% |
Total | 433 | 571 | 503 | 643 | 14.1% |
Top Suppliers of Hydraulic Jack to Cameroon in 2022:
- China (10.1K units)
- France (0.2K units)
- Spain (0.2K units)
- Belgium (0.1K units)
Hydraulic Jack Exports in Cameroon
For the fourth consecutive year, Cameroon recorded growth in overseas shipments of hydraulic jacks and hoists for raising vehicles, which increased by 210% to 31 units in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, hydraulic jack exports soared to $52K in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Hydraulic Jack in Cameroon (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 24.8 | 7.4 | 7.3 | 34.1 | 11.2% |
Benin | N/A | N/A | N/A | 12.7 | 0% |
Gabon | 0.2 | 0.1 | 2.2 | 2.4 | 128.9% |
Canada | 0.2 | 0.1 | 0.7 | 1.5 | 95.7% |
Congo | 1.7 | 0.8 | 0.7 | 0.8 | -22.2% |
Equatorial Guinea | 0.6 | 0.9 | 0.7 | 0.6 | 0.0% |
South Africa | N/A | N/A | N/A | 0.1 | 0% |
Nigeria | N/A | N/A | 0.6 | N/A | 0% |
Belgium | 0.2 | 0.1 | N/A | N/A | -50.0% |
Democratic Republic of the Congo | N/A | 4.2 | N/A | N/A | 0% |
Central African Republic | N/A | N/A | 0.5 | N/A | 0% |
Others | N/A | N/A | 4.5 | N/A | 0% |
Total | 27.7 | 13.5 | 17.3 | 52.2 | 23.5% |
Top Export Markets for Hydraulic Jack from Cameroon in 2022:
- Benin (12.0 units)
- France (9.0 units)
- South Africa (4.0 units)
- Gabon (2.0 units)
- Canada (1.0 units)
- Equatorial Guinea (1.0 units)
- Congo (1.0 units)
- Belgium (1.0 units)
This report provides an in-depth analysis of the hydraulic jack market in Cameroon. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28221350 - Hydraulic jacks and hoists for raising vehicles (excluding those for use in garages)
Country coverage:
- Cameroon
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Cameroon
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.
Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.