Report Update Nov 1, 2024

Cameroon - Statuettes and Other Ornamental Articles of Plastic - Market Analysis, Forecast, Size, Trends and Insights

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Cameroon: Plastic Ornamental Articles Market 2024

Plastic Ornamental Articles Market Size in Cameroon

After four years of growth, the Cameroonian plastic ornamental articles market decreased by -22.4% to $X in 2022. Over the period under review, consumption, however, enjoyed a significant expansion. Over the period under review, the market reached the peak level at $X in 2021, and then dropped rapidly in the following year.

Plastic Ornamental Articles Exports

Exports from Cameroon

In 2022, the amount of statuettes and other ornamental articles of plastic exported from Cameroon shrank dramatically to X tons, with a decrease of -28.4% compared with the previous year's figure. In general, exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2019 when exports increased by 1,432% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic ornamental articles exports shrank dramatically to $X in 2022. Over the period under review, exports, however, saw a perceptible expansion. The pace of growth appeared the most rapid in 2019 with an increase of 913%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons), the Netherlands (X kg) and the UK (X kg) were the main destinations of plastic ornamental articles exports from Cameroon, together accounting for 84% of total exports. The United States, France and Switzerland lagged somewhat behind, together comprising a further 10%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +58.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plastic ornamental articles exported from Cameroon were the UK ($X), the Netherlands ($X) and Switzerland ($X), together comprising 81% of total exports. Belgium, the United States and France lagged somewhat behind, together comprising a further 14%.

Among the main countries of destination, France, with a CAGR of +39.7%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plastic ornamental articles export price stood at $X per ton in 2022, which is down by -13.1% against the previous year. Over the period under review, the export price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 91%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Belgium ($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 the UK (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

Plastic Ornamental Articles Imports

Imports into Cameroon

In 2022, after three years of growth, there was significant decline in purchases abroad of statuettes and other ornamental articles of plastic, when their volume decreased by -15.8% to X tons. Over the period under review, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2019 when imports increased by 306% against the previous year. Imports peaked at X tons in 2021, and then shrank significantly in the following year.

In value terms, plastic ornamental articles imports reduced dramatically to $X in 2022. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 512% against the previous year. Imports peaked at $X in 2021, and then reduced dramatically in the following year.

Imports by Country

In 2022, China (X tons) was the main supplier of plastic ornamental articles to Cameroon, with a 97% share of total imports. It was followed by Hong Kong SAR (X kg), with less than 0.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +30.5%.

In value terms, China ($X) constituted the largest supplier of statuettes and other ornamental articles of plastic to Cameroon, comprising 99% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with less than 0.1% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +51.8%.

Import Prices by Country

In 2022, the average plastic ornamental articles import price amounted to $X per ton, reducing by -10.7% against the previous year. Overall, the import price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2018 an increase of 78% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then declined in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.3%).

Source: IndexBox Platform

This report provides an in-depth analysis of the plastic ornamental articles market in Cameroon. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22292620 - Statuettes and other ornamental articles of plastic (including photograph, picture and similar frames)

Country coverage:

Cameroon

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Cameroon
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023