Cameroon: Propylene Glycol Market 2025

Propylene Glycol Market Size in Cameroon

The Cameroonian propylene glycol market reduced sharply to $X in 2022, which is down by -15.5% 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 perceptible growth. Propylene glycol consumption peaked at $X in 2021, and then declined remarkably in the following year.

Propylene Glycol Exports

Exports from Cameroon

After eight years of decline, shipments abroad of propylene glycol (propane-1,2-diol) increased by 6.6% to X kg in 2022. Overall, exports, however, continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 51%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, propylene glycol exports rose significantly to $X in 2022. Over the period under review, exports, however, continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2013 when exports increased by 7.2% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Indonesia (X kg) was the main destination for propylene glycol exports from Cameroon, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Indonesia amounted to -24.1%.

In value terms, Indonesia ($X) also remains the key foreign market for propylene glycol (propane-1,2-diol) exports from Cameroon.

From 2012 to 2022, the average annual growth rate of value to Indonesia stood at -22.1%.

Export Prices by Country

In 2022, the average propylene glycol export price amounted to $X per ton, approximately equating the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, propylene glycol export price increased by +83.8% against 2013 indices. The most prominent rate of growth was recorded in 2017 an increase of 24%. The export price peaked at $X per ton in 2021, and then shrank in the following year.

As there is only one major export destination, the average price level is determined by prices for Indonesia.

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +2.7% per year.

Propylene Glycol Imports

Imports into Cameroon

In 2022, approx. X tons of propylene glycol (propane-1,2-diol) were imported into Cameroon; surging by 2.8% on the year before. Overall, imports recorded prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of 105%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, propylene glycol imports contracted rapidly to $X in 2022. In general, imports posted a temperate expansion. The pace of growth was the most pronounced in 2021 when imports increased by 91%. As a result, imports attained the peak of $X, and then contracted sharply in the following year.

Imports by Country

China (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of propylene glycol imports to Cameroon, with a combined 61% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +68.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest propylene glycol suppliers to Cameroon were China ($X), Germany ($X) and Belgium ($X), together comprising 54% of total imports.

China, with a CAGR of +64.3%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average propylene glycol import price stood at $X per ton in 2022, reducing by -25.9% against the previous year. Over the period under review, the import price showed a pronounced shrinkage. The pace of growth was the most pronounced in 2021 when the average import price increased by 63% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform