Cameroon: Market for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride 2024

Market Size for Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride in Cameroon

In 2022, the Cameroonian market for rigid tubes, pipes and hoses of polymers of vinyl chloride was finally on the rise to reach $X after three years of decline. Over the period under review, consumption showed a prominent increase. Vinyl chloride polymer rigid pipes consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Exports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Exports from Cameroon

In 2022, overseas shipments of rigid tubes, pipes and hoses of polymers of vinyl chloride decreased by -0.2% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2016 with an increase of 2,043%. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, vinyl chloride polymer rigid pipes exports declined to $X in 2022. Over the period under review, exports showed a pronounced reduction. The pace of growth was the most pronounced in 2016 with an increase of 2,788% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Congo (X tons) was the main destination for vinyl chloride polymer rigid pipes exports from Cameroon, accounting for a 72% share of total exports. Moreover, vinyl chloride polymer rigid pipes exports to Congo exceeded the volume sent to the second major destination, Chad (X tons), fivefold. The third position in this ranking was held by Central African Republic (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Congo was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Chad (+5.7% per year) and Central African Republic (-16.6% per year).

In value terms, Chad ($X) remains the key foreign market for rigid tubes, pipes and hoses of polymers of vinyl chloride exports from Cameroon, comprising 68% of total exports. The second position in the ranking was held by Congo ($X), with a 15% share of total exports. It was followed by Central African Republic, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to Chad totaled +18.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Congo (-15.8% per year) and Central African Republic (-7.1% per year).

Export Prices by Country

In 2022, the average export price for rigid tubes, pipes and hoses of polymers of vinyl chloride amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price, however, showed a perceptible expansion. The most prominent rate of growth was recorded in 2017 an increase of 78%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chad ($X per ton), while the average price for exports to Congo ($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 Gabon (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rigid Tubes, Pipes and Hoses of Polymers of Vinyl Chloride

Imports into Cameroon

Vinyl chloride polymer rigid pipes imports into Cameroon soared to X tons in 2022, with an increase of 17% on the year before. Over the period under review, imports showed a moderate expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 171%. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, vinyl chloride polymer rigid pipes imports rose to $X in 2022. Overall, imports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2014 when imports increased by 117% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of vinyl chloride polymer rigid pipes to Cameroon, with a 47% share of total imports. Moreover, vinyl chloride polymer rigid pipes imports from China exceeded the figures recorded by the second-largest supplier, Greece (X tons), twofold. Cote d'Ivoire (X tons) ranked third in terms of total imports with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +20.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+38.3% per year) and Cote d'Ivoire (-12.6% per year).

In value terms, China ($X) constituted the largest supplier of rigid tubes, pipes and hoses of polymers of vinyl chloride to Cameroon, comprising 45% of total imports. The second position in the ranking was taken by Greece ($X), with a 10% share of total imports. It was followed by France, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +29.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+45.7% per year) and France (+14.0% per year).

Import Prices by Country

The average import price for rigid tubes, pipes and hoses of polymers of vinyl chloride stood at $X per ton in 2022, reducing by -12.3% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vinyl chloride polymer rigid pipes import price increased by +6.9% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 59% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, 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 Spain ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform