Cameroon: Spectrometers And Spectrophotometers Market 2024

Spectrometers And Spectrophotometers Market Size in Cameroon

The Cameroonian spectrometers and spectrophotometers market declined dramatically to $X in 2022, reducing by X% 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). Over the period under review, consumption, however, posted a remarkable increase. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Spectrometers And Spectrophotometers Exports

Exports from Cameroon

In 2022, overseas shipments of spectrometers and spectrophotometers decreased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, exports saw a abrupt slump. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, spectrometers and spectrophotometers exports skyrocketed to $X in 2022. Overall, exports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa (X units), Germany (X units) and France (X units) were the main destinations of spectrometers and spectrophotometers exports from Cameroon.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) remains the key foreign market for spectrometers and spectrophotometers exports from Cameroon, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and South Africa (X% per year).

Export Prices by Country

The average spectrometers and spectrophotometers export price stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price posted a measured increase. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced a decline.

Spectrometers And Spectrophotometers Imports

Imports into Cameroon

Spectrometers and spectrophotometers imports into Cameroon fell markedly to X units in 2022, waning by X% on 2021. Overall, imports, however, showed a notable increase. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, spectrometers and spectrophotometers imports reduced sharply to $X in 2022. In general, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, South Africa (X units) constituted the largest spectrometers and spectrophotometers supplier to Cameroon, with a X% share of total imports. Moreover, spectrometers and spectrophotometers imports from South Africa exceeded the figures recorded by the second-largest supplier, Sweden (X units), threefold. The third position in this ranking was held by India (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Africa stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and India (X% per year).

In value terms, Germany ($X), South Africa ($X) and France ($X) constituted the largest spectrometers and spectrophotometers suppliers to Cameroon, with a combined X% share of total imports. Sweden, Canada, the United States, India, Austria, Japan, South Korea, the Czech Republic, Belgium and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Canada, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average spectrometers and spectrophotometers import price stood at $X per unit in 2022, surging by X% against the previous year. In general, the import price showed a buoyant increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per unit in 2014; however, from 2015 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 Germany ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform