Cameroon: Market for Clays For Construction and Industrial Use 2024

Market Size for Clays For Construction and Industrial Use in Cameroon

The Cameroonian market for clays for construction and industrial use amounted to $X in 2022, picking up by 4.3% 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 showed a strong increase. Consumption of peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Exports of Clays For Construction and Industrial Use

Exports from Cameroon

In 2022, the amount of clays for construction and industrial use exported from Cameroon fell markedly to X tons, which is down by -27.1% on 2021. Over the period under review, exports faced a deep slump. The pace of growth appeared the most rapid in 2019 when exports increased by 2,424% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, exports of clays for construction and industrial use dropped to $X in 2022. Overall, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2019 when exports increased by 1,627% against the previous year. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

France (X kg) was the main destination for exports of clays for construction and industrial use from Cameroon, accounting for a 23% share of total exports. Moreover, exports of clays for construction and industrial use to France exceeded the volume sent to the second major destination, Italy (X kg), threefold. Belgium (X kg) ranked third in terms of total exports with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to France stood at -22.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (0.0% per year) and Belgium (-27.1% per year).

In value terms, France ($X), Italy ($X) and Morocco ($X) appeared to be the largest markets for clays for construction and industrial use exported from Cameroon worldwide, together accounting for 49% of total exports.

Among the main countries of destination, Morocco, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for clays for construction and industrial use stood at $X per ton in 2022, with an increase of 18% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 82%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Belgium ($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 Canada (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Clays For Construction and Industrial Use

Imports into Cameroon

Imports of clays for construction and industrial use into Cameroon rose significantly to X tons in 2022, increasing by 8.4% on the previous year's figure. Overall, imports saw buoyant growth. The growth pace was the most rapid in 2016 with an increase of 101% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of clays for construction and industrial use rose slightly to $X in 2022. Over the period under review, imports posted strong growth. The most prominent rate of growth was recorded in 2016 with an increase of 172% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of clays for construction and industrial use to Cameroon, with a 65% share of total imports. Moreover, imports of clays for construction and industrial use from the United States exceeded the figures recorded by the second-largest supplier, Spain (X tons), fourfold.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled +30.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+75.2% per year) and China (-66.0% per year).

In value terms, the United States ($X) constituted the largest supplier of clays for construction and industrial use to Cameroon, comprising 63% of total imports. The second position in the ranking was held by Spain ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to +29.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+67.9% per year) and China (-58.1% per year).

Import Prices by Country

In 2022, the average import price for clays for construction and industrial use amounted to $X per ton, which is down by -5.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The pace of growth appeared the most rapid in 2016 an increase of 36%. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

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 China ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+23.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform