Cameroon: Market for Asphalt or Bitumen Articles 2025

Market Size for Asphalt or Bitumen Articles in Cameroon

The Cameroonian asphalt or bitumen article market dropped rapidly to $X in 2022, with a decrease of -22.4% 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). In general, consumption, however, recorded a resilient expansion. Asphalt or bitumen article consumption peaked at $X in 2021, and then reduced rapidly in the following year.

Exports of Asphalt or Bitumen Articles

Exports from Cameroon

In 2022, overseas shipments of asphalt or bitumen articles decreased by -6.2% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by 596%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, asphalt or bitumen article exports reduced markedly to $X in 2022. In general, exports showed a dramatic decrease. The pace of growth was the most pronounced in 2019 with an increase of 843% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Central African Republic (X tons) was the main destination for asphalt or bitumen article exports from Cameroon, accounting for a 92% share of total exports. Moreover, asphalt or bitumen article exports to Central African Republic exceeded the volume sent to the second major destination, Equatorial Guinea (X kg), more than tenfold. The third position in this ranking was taken by Gabon (X kg), with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Central African Republic amounted to -22.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Equatorial Guinea (-34.2% per year) and Gabon (-50.2% per year).

In value terms, Central African Republic ($X) remains the key foreign market for asphalt or bitumen articles exports from Cameroon, comprising 94% of total exports. The second position in the ranking was held by Gabon ($X), with a 4.3% share of total exports. It was followed by Congo, with a 0.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Central African Republic stood at -20.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Gabon (-47.3% per year) and Congo (-49.8% per year).

Export Prices by Country

The average asphalt or bitumen article export price stood at $X per ton in 2022, falling by -13.7% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 87%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average 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 Gabon ($X per ton), while the average price for exports to Equatorial Guinea ($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 Gabon (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Asphalt or Bitumen Articles

Imports into Cameroon

In 2022, approx. X tons of asphalt or bitumen articles were imported into Cameroon; which is down by -22.2% compared with the year before. In general, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 114%. Over the period under review, imports hit record highs at X tons in 2021, and then plummeted in the following year.

In value terms, asphalt or bitumen article imports fell sharply to $X in 2022. Over the period under review, imports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 149%. Over the period under review, imports reached the maximum at $X in 2021, and then dropped significantly in the following year.

Imports by Country

France (X tons), Turkey (X tons) and China (X tons) were the main suppliers of asphalt or bitumen article imports to Cameroon, together accounting for 42% of total imports. Egypt, Morocco, the United Arab Emirates and Italy lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of +64.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of asphalt or bitumen articles to Cameroon, comprising 23% of total imports. The second position in the ranking was held by Turkey ($X), with a 7.9% share of total imports. It was followed by Egypt, with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France totaled +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+26.3% per year) and Egypt (+53.9% per year).

Import Prices by Country

In 2022, the average asphalt or bitumen article import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price saw a pronounced decline. The growth pace was the most rapid in 2019 an increase of 16%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform