Cameroon: Motor Grader Market 2024

Motor Grader Market Size in Cameroon

The Cameroonian motor grader market shrank to $X in 2022, which is down by -14.4% 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). Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2021, and then dropped in the following year.

Motor Grader Exports

Exports from Cameroon

In 2022, overseas shipments of motor graders and levellers decreased by -25% to X units for the first time since 2017, thus ending a four-year rising trend. Overall, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2014 with an increase of 100% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, motor grader exports contracted remarkably to $X in 2022. Over the period under review, exports saw a abrupt contraction. The growth pace was the most rapid in 2020 with an increase of 1,152%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Equatorial Guinea (X units), Central African Republic (X units) and Benin (X units) were the main destinations of motor grader exports from Cameroon, together comprising 67% of total exports. Congo and Chad lagged somewhat behind, together comprising a further 33%. Moreover, motor grader exports in Equatorial Guinea exceeded the figures recorded by the second-largest exporter, Central African Republic, twofold.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Chad (with a CAGR of 0.0%), while the other leaders experienced mixed trend patterns.

In value terms, Equatorial Guinea ($X) remains the key foreign market for motor graders and levellers exports from Cameroon, comprising 58% of total exports. The second position in the ranking was held by Chad ($X), with a 28% share of total exports. It was followed by Congo, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value to Equatorial Guinea was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Chad (+2.5% per year) and Congo (-15.8% per year).

Export Prices by Country

In 2022, the average motor grader export price amounted to $X per unit, picking up by 12% against the previous year. In general, the export price enjoyed modest growth. The growth pace was the most rapid in 2020 an increase of 973% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.

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 Equatorial Guinea ($X per unit), while the average price for exports to Benin ($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 Equatorial Guinea (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

Motor Grader Imports

Imports into Cameroon

In 2022, approx. X units of motor graders and levellers were imported into Cameroon; declining by -14.1% against the year before. In general, imports continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2019 when imports increased by 74% against the previous year. Imports peaked at X units in 2021, and then shrank in the following year.

In value terms, motor grader imports contracted significantly to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by 53%. Imports peaked at $X in 2021, and then contracted significantly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of motor grader to Cameroon, with a 46% share of total imports. Moreover, motor grader imports from China exceeded the figures recorded by the second-largest supplier, India (X units), fivefold. France (X units) ranked third in terms of total imports with a 4.7% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +13.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (0.0% per year) and France (+14.9% per year).

In value terms, the largest motor grader suppliers to Cameroon were China ($X), India ($X) and Japan ($X), with a combined 75% share of total imports. The Netherlands, France, Congo, Canada, Portugal, South Africa, the UK, Belgium, the United States and Italy lagged somewhat behind, together comprising a further 17%.

South Africa, with a CAGR of +47.7%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average motor grader import price amounted to $X per unit, with a decrease of -2.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2013 an increase of 63% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+32.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform