Price for Winding Wire, Other than of Copper in Cameroon - 2022
Contents:
- Price for Winding Wire, Other than of Copper in Cameroon (CIF) - 2022
- Price for Winding Wire, Other than of Copper in Cameroon (FOB) - 2022
- Imports of Winding Wire, Other than of Copper in Cameroon
- Exports of Winding Wire, Other than of Copper in Cameroon
Price for Winding Wire, Other than of Copper in Cameroon (CIF) - 2022
The average import price for winding wire, other than of coppers stood at $4,081 per ton in 2022, remaining constant against the previous year. Overall, the import price, however, continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2013 when the average import price increased by 39%. As a result, import price reached the peak level of $7,612 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
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 Italy ($4,674 per ton), while the price for India ($1,053 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.3%), while the prices for the other major suppliers experienced a decline.
Price for Winding Wire, Other than of Copper in Cameroon (FOB) - 2022
In 2022, the average export price for winding wire, other than of coppers amounted to $5,354 per ton, with an increase of 13% against the previous year. In general, the export price, however, continues to indicate a slight slump. The pace of growth was the most pronounced in 2017 when the average export price increased by 65%. Over the period under review, the average export prices reached the peak figure at $6,186 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($5,737 per ton), while the average price for exports to Canada totaled $5,667 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Congo (+49.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winding Wire, Other than of Copper in Cameroon
For the fourth year in a row, Cameroon recorded growth in supplies from abroad of winding wire, other than of coppers, which increased by 87% to 919 tons in 2022. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 88%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of winding wire, other than of coppers skyrocketed to $3.8M in 2022. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 89%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Winding Wire, Other than of Copper in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 549 | 1,038 | 1,962 | 3,589 | 87.0% |
| Italy | 0.1 | 0.4 | 0.8 | 96.1 | 886.8% |
| Others | 10.2 | 16.9 | 27.7 | 69.2 | 89.3% |
| Total | 559 | 1,055 | 1,990 | 3,754 | 88.7% |
Top Suppliers of Winding Wire, Other than of Copper to Cameroon in 2022:
- China (869.8 tons)
- Italy (20.6 tons)
Exports of Winding Wire, Other than of Copper in Cameroon
After two years of decline, shipments abroad of winding wire, other than of coppers increased by 1,904% to 1.4 tons in 2022. Overall, exports enjoyed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of winding wire, other than of coppers soared to $7.9K in 2022. In general, exports posted a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Winding Wire, Other than of Copper in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | N/A | N/A | 7.9 | 0% |
| Central African Republic | N/A | 4.0 | N/A | N/A | 0% |
| Guinea | N/A | N/A | 0.3 | N/A | 0% |
| Canada | 5.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.3 | 4.0 | 0.3 | 7.9 | 14.2% |
Top Export Markets for Winding Wire, Other than of Copper from Cameroon in 2022:
- Malaysia (1380.0 kg)
- Canada (3.0 kg)
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