Cameroon: Construction Sands Market 2024

Construction Sands Market Size in Cameroon

The Cameroonian construction sands market rose rapidly to $X in 2022, with an increase of 9.3% against the previous year. In general, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -7.8% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Construction Sands Production in Cameroon

In value terms, construction sands production stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.4% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 60% against the previous year. Construction sands production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Construction Sands Exports

Exports from Cameroon

In 2022, approx. X tons of construction sands were exported from Cameroon; declining by -25.8% against the previous year's figure. Overall, exports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2016 with an increase of 202%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, construction sands exports fell dramatically to $X in 2022. In general, exports faced a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 590%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Gabon (X tons) was the main destination for construction sands exports from Cameroon, with a 80% share of total exports. Moreover, construction sands exports to Gabon exceeded the volume sent to the second major destination, Equatorial Guinea (X kg), fivefold.

From 2012 to 2022, the average annual growth rate of volume to Gabon stood at -35.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Equatorial Guinea (-31.4% per year) and South Africa (-14.2% per year).

In value terms, Gabon ($X) remains the key foreign market for construction sands exports from Cameroon, comprising 51% of total exports. The second position in the ranking was held by Equatorial Guinea ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Gabon amounted to -24.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Equatorial Guinea (-20.1% per year) and South Africa (-6.2% per year).

Export Prices by Country

In 2022, the average construction sands export price amounted to $X per ton, declining by -22.8% against the previous year. Overall, the export price, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 an increase of 233% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Equatorial Guinea ($X per ton), while the average price for exports to South Africa ($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 Sao Tome and Principe (+36.5%), while the prices for the other major destinations experienced more modest paces of growth.

Construction Sands Imports

Imports into Cameroon

In 2022, construction sands imports into Cameroon declined rapidly to X tons, shrinking by -28.2% compared with the year before. In general, imports faced a deep downturn. The growth pace was the most rapid in 2015 with an increase of 830%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, construction sands imports shrank sharply to $X in 2022. Over the period under review, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2016 when imports increased by 471%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X tons) constituted the largest construction sands supplier to Cameroon, accounting for a 51% share of total imports. Moreover, construction sands imports from South Africa exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. Turkey (X tons) ranked third in terms of total imports with a 17% share.

From 2012 to 2022, the average annual growth rate of volume from South Africa totaled +11.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+20.4% per year) and Turkey (+2.0% per year).

In value terms, Portugal ($X) constituted the largest supplier of construction sands to Cameroon, comprising 62% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports. It was followed by South Africa, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from Portugal totaled +23.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+24.4% per year) and South Africa (-25.3% per year).

Import Prices by Country

The average construction sands import price stood at $X per ton in 2022, jumping by 16% against the previous year. Over the period under review, the import price, however, saw a noticeable setback. The pace of growth was the most pronounced in 2019 an increase of 70%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+34.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform