Files and Rasps Price in Cameroon - 2022

Contents:

  1. Files and Rasps Price in Cameroon (CIF) - 2022
  2. Files and Rasps Price in Cameroon (FOB) - 2022
  3. Files and Rasps Imports in Cameroon
  4. Files and Rasps Exports in Cameroon

Files and Rasps Price in Cameroon (CIF) - 2022

The average files and rasps import price stood at $5.2 per unit in 2022, waning by -5.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2013 when the average import price increased by 34% against the previous year. Over the period under review, average import prices attained the maximum at $5.5 per unit in 2021, and then contracted in the following year.

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 Portugal ($35 per unit), while the price for Vietnam ($0.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Files and Rasps Price in Cameroon (FOB) - 2022

The average files and rasps export price stood at $13 per unit in 2022, with an increase of 2.8% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 137%. Over the period under review, the average export prices attained the maximum at $20 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Gabon ($12 per unit), while the average price for exports to Central African Republic stood at $9 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Gabon (+4.5%).

Files and Rasps Imports in Cameroon

In 2022, the amount of files, rasps and similar tools imported into Cameroon reduced to 189K units, shrinking by -8.4% compared with the previous year. In general, imports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of 207K units, and then reduced in the following year.

In value terms, files and rasps imports contracted to $979K in 2022. Overall, imports, however, recorded a modest expansion. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year. As a result, imports reached the peak of $1.1M, and then fell in the following year.

Import of Files and Rasps in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India574272528477-6.0%
Portugal12.910.4284230161.2%
Thailand1292751671617.7%
Costa Rica17.835.720.318.41.1%
China32.215.220.814.8-22.8%
Greece6.213.28.07.88.0%
Vietnam6.05.83.43.1-19.8%
Taiwan (Chinese)7.08.32.12.3-31.0%
United Arab Emirates0.912.51.41.16.9%
Others16418193.662.9-27.3%
Total9508291,1289791.0%

Top Suppliers of Files and Rasps to Cameroon in 2022:

  1. India (144.2K units)
  2. Thailand (7.9K units)
  3. Greece (7.7K units)
  4. Portugal (6.7K units)
  5. China (5.3K units)
  6. Vietnam (3.6K units)
  7. Costa Rica (3.0K units)
  8. United Arab Emirates (1.7K units)
  9. Taiwan (Chinese) (1.5K units)

Files and Rasps Exports in Cameroon

In 2022, after three years of growth, there was significant decline in overseas shipments of files, rasps and similar tools, when their volume decreased by -47.5% to 158 units. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 1,907% against the previous year. As a result, the exports reached the peak of 301 units, and then shrank rapidly in the following year.

In value terms, files and rasps exports declined sharply to $2K in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 1,164%. As a result, the exports reached the peak of $3.7K, and then dropped rapidly in the following year.

Export of Files and Rasps in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Gabon0.20.33.21.9111.8%
OthersN/AN/A0.50.1-80.0%
Total0.20.33.72.0115.4%

Top Export Markets for Files and Rasps from Cameroon in 2022:

  1. Gabon (158.0 units)

Source: IndexBox Market Intelligence Platform

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