Cameroon: Market for Plastics Pipes And Pipe Fittings 2024

Market Size for Plastics Pipes And Pipe Fittings in Cameroon

The Cameroonian market for plastics pipes and pipe fittings shrank slightly to $X in 2022, reducing by -4.3% 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). The market value increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Plastics pipe and pipe fitting consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Exports of Plastics Pipes And Pipe Fittings

Exports from Cameroon

In 2022, the amount of plastics pipes and pipe fittings exported from Cameroon reduced modestly to X tons, declining by -2.5% compared with 2021. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of 52%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, plastics pipe and pipe fitting exports fell to $X in 2022. In general, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2016 when exports increased by 46% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Congo (X tons), Central African Republic (X tons) and Chad (X tons) were the main destinations of plastics pipe and pipe fitting exports from Cameroon, with a combined 95% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Congo (with a CAGR of -6.1%), while shipments for the other leaders experienced a decline.

In value terms, Chad ($X) remains the key foreign market for plastics pipes and pipe fittings exports from Cameroon, comprising 52% of total exports. The second position in the ranking was held by Central African Republic ($X), with a 17% share of total exports. It was followed by Congo, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Chad amounted to +5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Central African Republic (-15.2% per year) and Congo (-18.4% per year).

Export Prices by Country

In 2022, the average export price for plastics pipes and pipe fittings amounted to $X per ton, almost unchanged from the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 36%. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Gabon ($X per ton), while the average price for exports to Congo ($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 Chad (+25.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastics Pipes And Pipe Fittings

Imports into Cameroon

In 2022, supplies from abroad of plastics pipes and pipe fittings decreased by -4.1% to X tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +1.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 with an increase of 24% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, plastics pipe and pipe fitting imports dropped to $X in 2022. The total import value increased at an average annual rate of +1.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when imports increased by 31% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of plastics pipe and pipe fitting to Cameroon, accounting for a 42% share of total imports. Moreover, plastics pipe and pipe fitting imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), fivefold. Greece (X tons) ranked third in terms of total imports with a 4.9% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+35.7% per year) and Greece (-3.4% per year).

In value terms, China ($X) constituted the largest supplier of plastics pipes and pipe fittings to Cameroon, comprising 42% of total imports. The second position in the ranking was taken by France ($X), with a 5.1% share of total imports. It was followed by Spain, with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +14.1%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-5.9% per year) and Spain (+3.2% per year).

Import Prices by Country

The average import price for plastics pipes and pipe fittings stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 19% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 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 France ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform