Cameroon: Wheeled Dozer Market 2024

Wheeled Dozer Market Size in Cameroon

After four years of decline, the Cameroonian wheeled dozer market increased by 13% to $X in 2022. Over the period under review, consumption, however, saw a abrupt contraction. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Wheeled Dozer Production in Cameroon

In value terms, wheeled dozer production totaled $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 53,218,900% against the previous year. Wheeled dozer production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Wheeled Dozer Exports

Exports from Cameroon

In 2022, exports of wheeled dozers from Cameroon was estimated at X units, therefore, remained relatively stable against the previous year's figure. In general, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of 117% against the previous year. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, wheeled dozer exports contracted slightly to $X in 2022. Overall, exports recorded a buoyant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 304%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X units) was the main destination for wheeled dozer exports from Cameroon, with a 70% share of total exports. Moreover, wheeled dozer exports to Belgium exceeded the volume sent to the second major destination, Gabon (X units), sevenfold. The third position in this ranking was taken by Central African Republic (X units), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium amounted to +21.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Gabon (0.0% per year) and Central African Republic (-6.7% per year).

In value terms, Belgium ($X) remains the key foreign market for wheeled dozers exports from Cameroon, comprising 71% of total exports. The second position in the ranking was held by Gabon ($X), with a 13% share of total exports. It was followed by Congo, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Belgium stood at +27.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Gabon (+12.3% per year) and Congo (+1.0% per year).

Export Prices by Country

The average wheeled dozer export price stood at $X per unit in 2022, remaining relatively unchanged against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 102%. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Gabon ($X per unit), while the average price for exports to Central African Republic ($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 Myanmar (+934.7%), while the prices for the other major destinations experienced more modest paces of growth.

Wheeled Dozer Imports

Imports into Cameroon

After two years of decline, purchases abroad of wheeled dozers increased by 5.3% to X units in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 45% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, wheeled dozer imports rose rapidly to $X in 2022. In general, imports, however, saw a abrupt setback. The growth pace was the most rapid in 2013 when imports increased by 61% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X units), the Netherlands (X units) and Australia (X units) were the main suppliers of wheeled dozer imports to Cameroon, together comprising 20% of total imports. Moreover, wheeled dozer imports in the United Arab Emirates exceeded the figures recorded by the second-largest supplier, the Netherlands, twofold.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +7.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of wheeled dozers to Cameroon, comprising 28% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with an 8.9% share of total imports. It was followed by Canada, with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+6.5% per year) and Canada (-10.7% per year).

Import Prices by Country

In 2022, the average wheeled dozer import price amounted to $X per unit, increasing by 6.2% against the previous year. In general, the import price, however, saw a abrupt downturn. The growth pace was the most rapid in 2018 when the average import price increased by 17% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Australia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+33.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform