Cameroon: Orthopaedic Appliances Market 2024

Orthopaedic Appliances Market Size in Cameroon

The Cameroonian orthopaedic appliances market contracted significantly to $X in 2022, dropping by -30.7% 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 saw a slight decrease. Orthopaedic appliances consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Orthopaedic Appliances Exports

Exports from Cameroon

In 2022, shipments abroad of orthopaedic appliances and splints decreased by -29.5% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2019 when exports increased by 1,033% against the previous year. The exports peaked at X tons in 2021, and then contracted notably in the following year.

In value terms, orthopaedic appliances exports declined dramatically to $X in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 608%. The exports peaked at $X in 2021, and then reduced sharply in the following year.

Exports by Country

The United States (X kg) was the main destination for orthopaedic appliances exports from Cameroon, with a 68% share of total exports. Moreover, orthopaedic appliances exports to the United States exceeded the volume sent to the second major destination, Benin (X kg), fourfold. Switzerland (X kg) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +56.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Benin (0.0% per year) and Switzerland (+20.1% per year).

In value terms, the United States ($X) emerged as the key foreign market for orthopaedic appliances and splints exports from Cameroon, comprising 67% of total exports. The second position in the ranking was held by Benin ($X), with a 15% share of total exports. It was followed by Switzerland, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at +57.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Benin (0.0% per year) and Switzerland (+22.0% per year).

Export Prices by Country

The average orthopaedic appliances export price stood at $X per ton in 2022, growing by 12% against the previous year. Overall, the export price enjoyed a temperate expansion. The most prominent rate of growth was recorded in 2014 an increase of 119%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Switzerland ($X per ton) and the United States ($X per ton), while the average price for exports to Canada ($X per ton) and Benin ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.

Orthopaedic Appliances Imports

Imports into Cameroon

Orthopaedic appliances imports into Cameroon dropped sharply to X tons in 2022, falling by -36.7% against 2021 figures. In general, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2016 when imports increased by 193% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, orthopaedic appliances imports shrank markedly to $X in 2022. Overall, imports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 123%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X tons), the UK (X tons) and Canada (X kg) were the main suppliers of orthopaedic appliances imports to Cameroon, with a combined 38% share of total imports. Togo, China, India, Greece, Belgium, Tunisia, Germany, Taiwan (Chinese), France and Spain lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the biggest increases were recorded for Togo (with a CAGR of +91.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of orthopaedic appliances and splints to Cameroon, comprising 36% of total imports. The second position in the ranking was held by China ($X), with a 16% share of total imports. It was followed by Greece, with a 7.4% share.

From 2012 to 2022, the average annual growth rate of value from India amounted to +42.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.1% per year) and Greece (+25.6% per year).

Import Prices by Country

In 2022, the average orthopaedic appliances import price amounted to $X per ton, picking up by 16% against the previous year. Over the period under review, the import price posted a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 112%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+41.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform