Cameroon: Market for Saturated Acyclic Monocarboxylic Acids 2024

Market Size for Saturated Acyclic Monocarboxylic Acids in Cameroon

The Cameroonian saturated acyclic monocarboxylic acids market amounted to $X in 2022, standing approx. at the previous year. In general, the total consumption indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Production of Saturated Acyclic Monocarboxylic Acids in Cameroon

In value terms, saturated acyclic monocarboxylic acids production shrank modestly to $X in 2022 estimated in export price. Overall, the total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Saturated acyclic monocarboxylic acids production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Exports of Saturated Acyclic Monocarboxylic Acids

Exports from Cameroon

In 2022, approx. X tons of saturated acyclic monocarboxylic acids were exported from Cameroon; waning by X% against the previous year's figure. In general, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, saturated acyclic monocarboxylic acids exports surged to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X tons), Italy (X tons) and Central African Republic (X tons) were the main destinations of saturated acyclic monocarboxylic acids exports from Cameroon, together comprising X% of total exports. These countries were followed by Congo, which accounted for a further X%.

From 2012 to 2022, the biggest increases were recorded for Congo (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Central African Republic ($X), Italy ($X) and Turkey ($X) appeared to be the largest markets for saturated acyclic monocarboxylic acids exported from Cameroon worldwide, with a combined X% share of total exports.

Central African Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average saturated acyclic monocarboxylic acids export price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the export price saw a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

Imports of Saturated Acyclic Monocarboxylic Acids

Imports into Cameroon

After two years of decline, purchases abroad of saturated acyclic monocarboxylic acids increased by X% to X tons in 2022. In general, imports recorded a mild expansion. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, saturated acyclic monocarboxylic acids imports skyrocketed to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest saturated acyclic monocarboxylic acids supplier to Cameroon, with a X% share of total imports. Moreover, saturated acyclic monocarboxylic acids imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), fivefold. The third position in this ranking was held by Germany (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and Germany (X% per year).

In value terms, China ($X) constituted the largest supplier of saturated acyclic monocarboxylic acids to Cameroon, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Indonesia (X% per year).

Import Prices by Country

In 2022, the average saturated acyclic monocarboxylic acids import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price saw a mild contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 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 the United States ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform