Cameroon: Special Vehicle Body Market 2024

Special Vehicle Body Market Size in Cameroon

The Cameroonian special vehicle body market shrank notably to $X in 2022, with a decrease 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). Overall, consumption, however, showed a strong increase. Special vehicle body consumption peaked at $X in 2021, and then declined markedly in the following year.

Special Vehicle Body Exports

Exports from Cameroon

For the third consecutive year, Cameroon recorded growth in overseas shipments of bodies for special purpose motor vehicles, which increased by X% to X units in 2022. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, special vehicle body exports expanded rapidly to $X in 2022. In general, exports, however, continue to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Myanmar (X units), Congo (X units) and Egypt (X units) were the main destinations of special vehicle body exports from Cameroon, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Congo (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Chad ($X), Congo ($X) and Egypt ($X) appeared to be the largest markets for special vehicle body exported from Cameroon worldwide, together comprising X% of total exports.

Congo, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average special vehicle body export price amounted to $X per unit, reducing by X% against the previous year. Overall, the export price showed a perceptible descent. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the 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 Chad ($X per unit), while the average price for exports to Myanmar ($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 Central African Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Special Vehicle Body Imports

Imports into Cameroon

In 2022, approx. X units of bodies for special purpose motor vehicles were imported into Cameroon; reducing by X% compared with 2021. Overall, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2021, and then declined sharply in the following year.

In value terms, special vehicle body imports shrank dramatically to $X in 2022. Over the period under review, imports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then contracted dramatically in the following year.

Imports by Country

Japan (X units), China (X units) and the Netherlands (X units) were the main suppliers of special vehicle body imports to Cameroon, with a combined X% share of total imports.

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

In value terms, Japan ($X) constituted the largest supplier of bodies for special purpose motor vehicles to Cameroon, comprising X% of total imports. The second position in the ranking was taken by China ($X), with an X% share of total imports. It was followed by France, with a X% share.

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

Import Prices by Country

In 2022, the average special vehicle body import price amounted to $X per unit, growing by X% against the previous year. Overall, import price indicated a prominent expansion 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, special vehicle body import price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform