Cameroon: Electrical Insulating Fittings Market 2025

Electrical Insulating Fittings Market Size in Cameroon

The Cameroonian electrical insulating fittings market soared to $X in 2022, growing by 125% 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 enjoyed resilient growth. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Electrical Insulating Fittings Exports

Exports from Cameroon

Electrical insulating fittings exports from Cameroon reduced remarkably to X kg in 2022, with a decrease of -17.7% compared with 2021. In general, exports recorded a perceptible reduction. The growth pace was the most rapid in 2014 with an increase of 500%. Over the period under review, the exports reached the peak figure at X kg in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, electrical insulating fittings exports declined to $X in 2022. Over the period under review, exports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of 849% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then reduced in the following year.

Exports by Country

Gabon (X kg) was the main destination for electrical insulating fittings exports from Cameroon, accounting for a 87% share of total exports. Moreover, electrical insulating fittings exports to Gabon exceeded the volume sent to the second major destination, South Africa (X kg), more than tenfold. Poland (X kg) ranked third in terms of total exports with a 4.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Gabon stood at -1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+24.6% per year) and Poland (0.0% per year).

In value terms, Gabon ($X) remains the key foreign market for electrical insulating fittings of plastics exports from Cameroon, comprising 92% of total exports. The second position in the ranking was held by China ($X), with a 3.6% share of total exports. It was followed by Poland, with a 2.4% share.

From 2012 to 2022, the average annual growth rate of value to Gabon totaled +14.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-8.2% per year) and Poland (0.0% per year).

Export Prices by Country

The average electrical insulating fittings export price stood at $X per ton in 2022, rising by 5.2% against the previous year. In general, the export price continues to indicate a resilient expansion. The growth pace was the most rapid in 2014 an increase of 58%. The export price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to South Africa ($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 Gabon (+16.3%), while the prices for the other major destinations experienced mixed trend patterns.

Electrical Insulating Fittings Imports

Imports into Cameroon

In 2022, the amount of electrical insulating fittings of plastics imported into Cameroon soared to X tons, with an increase of 138% compared with 2021 figures. In general, imports posted a notable increase. The most prominent rate of growth was recorded in 2017 with an increase of 241% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, electrical insulating fittings imports soared to $X in 2022. Over the period under review, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of 353%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

India (X tons), Turkey (X tons) and South Korea (X tons) were the main suppliers of electrical insulating fittings imports to Cameroon, together accounting for 70% of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +82.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), South Korea ($X) and France ($X) were the largest electrical insulating fittings suppliers to Cameroon, together accounting for 46% of total imports.

In terms of the main suppliers, India, with a CAGR of +88.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electrical insulating fittings import price stood at $X per ton in 2022, which is down by -24.5% against the previous year. In general, the import price, however, recorded strong growth. The pace of growth appeared the most rapid in 2014 an increase of 133% against the previous year. 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 the UK ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+24.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform