Cameroon: Market for Diesel Engines (Other Than For Motor Vehicles And Aircraft) 2025

Market Size for Diesel Engines (Other Than For Motor Vehicles And Aircraft) in Cameroon

The Cameroonian market for diesel engines (other than for motor vehicles and aircraft) expanded markedly to $X in 2022, picking up by 8.5% 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 recorded a measured expansion. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Exports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)

Exports from Cameroon

In 2022, overseas shipments of diesel engines (other than for motor vehicles and aircraft) decreased by 0% to X units for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +106.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 88%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of diesel engines (other than for motor vehicles and aircraft) reduced to $X in 2022. In general, exports showed a slight slump. The growth pace was the most rapid in 2020 when exports increased by 327% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Gabon (X units), Cote d'Ivoire (X units) and France (X units) were the main destinations of exports of diesel engines (other than for motor vehicles and aircraft) from Cameroon, together accounting for 64% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cote d'Ivoire (with a CAGR of +21.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for diesel engines (other than for motor vehicles and aircraft) exported from Cameroon were Gabon ($X), Cote d'Ivoire ($X) and France ($X), with a combined 72% share of total exports. Nigeria, Central African Republic, Chad, Equatorial Guinea, Congo, the United States, Italy and Myanmar lagged somewhat behind, together comprising a further 28%.

Central African Republic, with a CAGR of +72.5%, recorded the highest growth rate of the value of exports, among 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

The average export price for diesel engines (other than for motor vehicles and aircraft) stood at $X per unit in 2022, leveling off at the previous year. Over the period under review, the export price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2020 an increase of 128%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 Central African Republic ($X per unit), while the average price for exports to Myanmar ($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 (+60.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)

Imports into Cameroon

In 2022, imports of diesel engines (other than for motor vehicles and aircraft) into Cameroon totaled X units, increasing by 5% against the previous year's figure. Overall, imports continue to indicate a notable increase. The growth pace was the most rapid in 2017 with an increase of 297% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of diesel engines (other than for motor vehicles and aircraft) expanded markedly to $X in 2022. In general, imports continue to indicate a pronounced increase. The growth pace was the most rapid in 2017 when imports increased by 383% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest diesel engines (other than for motor vehicles and aircraft) supplier to Cameroon, with a 59% share of total imports. Moreover, imports of diesel engines (other than for motor vehicles and aircraft) from China exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold. The third position in this ranking was held by Ireland (X units), with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +60.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-5.8% per year) and Ireland (+23.1% per year).

In value terms, China ($X) constituted the largest supplier of diesel engines (other than for motor vehicles and aircraft) to Cameroon, comprising 50% of total imports. The second position in the ranking was taken by the United States ($X), with a 17% share of total imports. It was followed by Poland, with a 3.1% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +41.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-4.7% per year) and Poland (+16.3% per year).

Import Prices by Country

In 2022, the average import price for diesel engines (other than for motor vehicles and aircraft) amounted to $X per unit, with an increase of 4% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 44% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, 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 the United States ($X per unit), while the price for Lebanon ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform