Cameroon: Aluminium Tube Market 2024

Aluminium Tube Market Size in Cameroon

The Cameroonian aluminium tube market expanded slightly to $X in 2022, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a perceptible increase. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Aluminium Tube Exports

Exports from Cameroon

In 2022, shipments abroad of aluminium tubes, pipes and tube or pipe fittings was finally on the rise to reach X kg for the first time since 2016, thus ending a five-year declining trend. Overall, exports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2016 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, aluminium tube exports rose to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Central African Republic (X kg) was the main destination for aluminium tube exports from Cameroon, with a X% share of total exports. Moreover, aluminium tube exports to Central African Republic exceeded the volume sent to the second major destination, Equatorial Guinea (X kg), twofold. Gabon (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Central African Republic stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Equatorial Guinea (X% per year) and Gabon (X% per year).

In value terms, Central African Republic ($X) remains the key foreign market for aluminium tubes, pipes and tube or pipe fittings exports from Cameroon, comprising X% of total exports. The second position in the ranking was held by Equatorial Guinea ($X), with an X% share of total exports. It was followed by Gabon, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Central African Republic amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Equatorial Guinea (X% per year) and Gabon (X% per year).

Export Prices by Country

In 2022, the average aluminium tube export price amounted to $X per ton, reducing by X% against the previous year. In general, the export price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then contracted notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Central African Republic ($X per ton), while the average price for exports to Gabon ($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 Chad (X%), while the prices for the other major destinations experienced mixed trend patterns.

Aluminium Tube Imports

Imports into Cameroon

After two years of growth, overseas purchases of aluminium tubes, pipes and tube or pipe fittings decreased by X% to X tons in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2021, and then reduced in the following year.

In value terms, aluminium tube imports expanded markedly to $X in 2022. Overall, imports, however, recorded notable growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest aluminium tube supplier to Cameroon, with a X% share of total imports. Moreover, aluminium tube imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold. The third position in this ranking was taken by Spain (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Spain (X% per year).

In value terms, China ($X) constituted the largest supplier of aluminium tubes, pipes and tube or pipe fittings to Cameroon, comprising X% of total imports. The second position in the ranking was taken by Austria ($X), with an X% share of total imports. It was followed by India, with a X% share.

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

Import Prices by Country

In 2022, the average aluminium tube import price amounted to $X per ton, jumping by X% against the previous year. Overall, import price indicated pronounced growth 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, aluminium tube import price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform