Cameroon: Market for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers 2025

Market Size for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers in Cameroon

After three years of growth, the Cameroonian spindles and spindle flyer market decreased by -65.9% to $X in 2022. Overall, consumption continues to indicate a abrupt setback. As a result, consumption reached the peak level of $X, and then shrank notably in the following year.

Production of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers in Cameroon

In value terms, spindles and spindle flyer production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 7.9% against the previous year. Spindles and spindle flyer production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Exports from Cameroon

In 2022, the amount of spindles and spindle flyers, spinning ring and ring travellers exported from Cameroon amounted to X kg, approximately equating 2021. Overall, exports enjoyed a prominent increase. The smallest decline of -20% was in 2014. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, spindles and spindle flyer exports totaled $X in 2022. In general, exports showed a significant increase. The smallest decline of -18.7% was in 2014. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

The United States (X kg) was the main destination for spindles and spindle flyer exports from Cameroon, accounting for a approx. 100% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to the United States was relatively modest.

From 2013 to 2022, the average annual growth rate of value to the United States was relatively modest.

Export Prices by Country

In 2022, the average spindles and spindle flyer export price amounted to $X per ton, almost unchanged from the previous year. In general, the export price recorded a notable increase. The growth pace was the most rapid in 2015 when the average export price increased by 2.1% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

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

From 2013 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to 0.0% per year.

Imports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Imports into Cameroon

In 2022, after three years of growth, there was significant decline in overseas purchases of spindles and spindle flyers, spinning ring and ring travellers, when their volume decreased by -42% to X kg. Overall, imports continue to indicate a slight curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 1,608%. As a result, imports attained the peak of X kg, and then dropped remarkably in the following year.

In value terms, spindles and spindle flyer imports fell sharply to $X in 2022. In general, imports showed a abrupt downturn. The pace of growth appeared the most rapid in 2014 when imports increased by 898% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X kg) constituted the largest supplier of spindles and spindle flyer to Cameroon, accounting for a 84% share of total imports. Moreover, spindles and spindle flyer imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Germany (X kg), sevenfold. The third position in this ranking was held by Switzerland (X kg), with a 2.1% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates totaled +17.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-10.5% per year) and Switzerland (-17.9% per year).

In value terms, the largest spindles and spindle flyer suppliers to Cameroon were Switzerland ($X), Germany ($X) and the United Arab Emirates ($X), with a combined 92% share of total imports.

The United Arab Emirates, with a CAGR of +17.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average spindles and spindle flyer import price amounted to $X per ton, with an increase of 4.2% against the previous year. In general, the import price, however, recorded a deep contraction. The pace of growth was the most pronounced in 2014 an increase of 49%. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 Switzerland ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform