Cameroon: Brakes And Servo-Brakes Market 2025

Brakes And Servo-Brakes Market Size in Cameroon

The Cameroonian brakes and servo-brakes market stood at $X in 2022, standing approx. at 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 enjoyed prominent growth. Over the period under review, the market reached the maximum level at $X in 2020; afterwards, it flattened through to 2022.

Brakes And Servo-Brakes Exports

Exports from Cameroon

In 2022, approx. X tons of brakes and servo-brakes were exported from Cameroon; declining by -21.6% compared with the previous year. Over the period under review, exports saw a pronounced curtailment. The growth pace was the most rapid in 2016 with an increase of 1,298%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, brakes and servo-brakes exports dropped to $X in 2022. In general, exports showed a perceptible decrease. The pace of growth was the most pronounced in 2016 when exports increased by 911%. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X tons), the United States (X kg) and France (X kg) were the main destinations of brakes and servo-brakes exports from Cameroon, with a combined 88% share of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +739.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), the United States ($X) and Chile ($X) constituted the largest markets for brakes and servo-brakes exported from Cameroon worldwide, with a combined 61% share of total exports. France and New Zealand lagged somewhat behind, together accounting for a further 8.4%.

France, with a CAGR of +958.0%, 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 brakes and servo-brakes export price amounted to $X per ton, rising by 14% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 108%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per ton), while the average price for exports to New Zealand ($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 France (+26.0%), while the prices for the other major destinations experienced mixed trend patterns.

Brakes And Servo-Brakes Imports

Imports into Cameroon

In 2022, approx. X tons of brakes and servo-brakes were imported into Cameroon; growing by 6.8% on 2021 figures. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +7.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.0% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 66% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, brakes and servo-brakes imports contracted to $X in 2022. Overall, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 84% against the previous year. Imports peaked at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest brakes and servo-brakes supplier to Cameroon, accounting for a 79% share of total imports. Moreover, brakes and servo-brakes imports from China exceeded the figures recorded by the second-largest supplier, Greece (X tons), more than tenfold. The third position in this ranking was held by Germany (X tons), with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (0.0% per year) and Germany (-3.0% per year).

In value terms, China ($X) constituted the largest supplier of brakes and servo-brakes to Cameroon, comprising 74% of total imports. The second position in the ranking was held by Germany ($X), with a 3.6% share of total imports. It was followed by Greece, with a 3.1% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.9% per year) and Greece (0.0% per year).

Import Prices by Country

The average brakes and servo-brakes import price stood at $X per ton in 2022, which is down by -8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 34%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a 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 Germany ($X per ton), while the price for Greece ($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 (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform