Cameroon: Market for Sulphates Of Barium Or Aluminium 2024

Market Size for Sulphates Of Barium Or Aluminium in Cameroon

The Cameroonian barium or aluminium sulphates market soared to $X in 2022, growing by 56% 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, the total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +134.4% against 2019 indices. Barium or aluminium sulphates consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Exports of Sulphates Of Barium Or Aluminium

Exports from Cameroon

In 2022, exports of sulphates of barium or aluminium from Cameroon surged to X tons, picking up by 2,362% compared with 2021. Overall, exports, however, showed a mild shrinkage. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, barium or aluminium sulphates exports skyrocketed to $X in 2022. In general, exports, however, showed a abrupt curtailment. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Equatorial Guinea (X tons), Central African Republic (X tons) and Congo (X tons) were the main destinations of barium or aluminium sulphates 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 Central African Republic (with a CAGR of +5.0%), while the other leaders experienced a decline.

In value terms, Central African Republic ($X) remains the key foreign market for sulphates of barium or aluminium exports from Cameroon, comprising 66% of total exports. The second position in the ranking was taken by Equatorial Guinea ($X), with a 31% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Central African Republic totaled +4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Equatorial Guinea (-13.0% per year) and Congo (-8.5% per year).

Export Prices by Country

In 2022, the average barium or aluminium sulphates export price amounted to $X per ton, falling by -25.6% against the previous year. Over the period under review, the export price continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2019 when the average export price increased by 49% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Central African Republic ($X per ton), while the average price for exports to Equatorial Guinea ($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 (-0.3%), while the prices for the other major destinations experienced a decline.

Imports of Sulphates Of Barium Or Aluminium

Imports into Cameroon

In 2022, barium or aluminium sulphates imports into Cameroon skyrocketed to X tons, increasing by 43% compared with the previous year's figure. Overall, imports continue to indicate a strong increase. The growth pace was the most rapid in 2020 when imports increased by 82% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, barium or aluminium sulphates imports surged to $X in 2022. In general, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +144.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X tons), Hungary (X tons) and Sweden (X tons) were the main suppliers of barium or aluminium sulphates imports to Cameroon, with a combined 68% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +61.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Turkey ($X) and Sweden ($X) appeared to be the largest barium or aluminium sulphates suppliers to Cameroon, together comprising 66% of total imports.

Sweden, with a CAGR of +47.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average barium or aluminium sulphates import price stood at $X per ton in 2022, increasing by 16% against the previous year. Overall, the import price, however, saw a pronounced decline. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 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 Spain ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (-1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform