Report Update: May 1, 2024

Cameroon - Machinery For Packing Or Wrapping - Market Analysis, Forecast, Size, Trends And Insights

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Machinery for Packing Price in Cameroon - 2022

Machinery for Packing Price in Cameroon (CIF) - 2022

In 2022, the average machinery for packing import price amounted to $1,361 per unit, growing by 15% against the previous year. In general, the import price, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 197% against the previous year. As a result, import price attained the peak level of $3,534 per unit. From 2016 to 2022, the average import prices remained at a lower figure.

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 Germany ($1,313 per unit), while the price for China ($22 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.1%), while the prices for the other major suppliers experienced a decline.

Machinery for Packing Price in Cameroon (FOB) - 2022

The average machinery for packing export price stood at $8,831 per unit in 2022, jumping by 34% against the previous year. Overall, the export price recorded significant growth. The pace of growth appeared the most rapid in 2013 an increase of 964%. As a result, the export price reached the peak level of $13,668 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Congo ($4,858 per unit), while the average price for exports to Italy ($940 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 Congo (+48.4%), while the prices for the other major destinations experienced more modest paces of growth.

Machinery for Packing Imports in Cameroon

In 2022, machinery for packing imports into Cameroon dropped rapidly to 3.5K units, reducing by -21% compared with the previous year's figure. In general, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 73%. As a result, imports attained the peak of 4.4K units, and then contracted rapidly in the following year.

In value terms, machinery for packing imports fell to $4.7M in 2022. Over the period under review, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. Over the period under review, imports reached the peak figure at $7.8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Machinery for Packing in Cameroon (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	1,921	276	33.5	915	-21.9%
Italy	278	589	1,183	544	25.1%
Spain	541	365	272	311	-16.9%
China	338	126	145	134	-26.5%
Switzerland	458	146	2.4	63.2	-48.3%
Belgium	2.0	1.0	12.6	46.8	186.0%
India	122	32.4	86.2	22.5	-43.1%
Turkey	134	19.7	130	12.7	-54.4%
France	197	198	670	7.0	-67.1%
Others	3,808	2,459	2,674	2,653	-11.3%
Total	7,798	4,211	5,207	4,709	-15.5%

Top Suppliers of Machinery for Packing to Cameroon in 2022:

China (6.1K units)
Spain (1.3K units)
Switzerland (1.1K units)
Italy (1.0K units)
Germany (0.7K units)
Belgium (0.6K units)
Turkey (0.3K units)
India (0.2K units)

Machinery for Packing Exports in Cameroon

In 2022, the amount of machinery for packing or wrapping exported from Cameroon totaled 2 units, approximately mirroring 2021. Overall, exports showed a relatively flat trend pattern. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, machinery for packing exports soared to $18K in 2022. Over the period under review, exports saw a relatively flat trend pattern. The exports peaked at $22K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Machinery for Packing in Cameroon (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Congo	15.5	5.5	0.8	9.7	-14.5%
Australia	N/A	N/A	N/A	1.5	0%
Italy	2.0	0.7	0.1	0.9	-23.4%
Benin	N/A	N/A	N/A	N/A	0%
Angola	N/A	5.3	N/A	N/A	0%
Switzerland	N/A	N/A	0.1	N/A	0%
Sri Lanka	0.1	N/A	N/A	N/A	0%
Gabon	N/A	0.7	N/A	N/A	0%
Senegal	N/A	N/A	N/A	N/A	0%
Malaysia	N/A	N/A	0.5	N/A	0%
Kenya	N/A	9.3	N/A	N/A	0%
Others	N/A	0.7	11.6	5.5	180.3%
Total	17.6	22.2	13.2	17.7	0.2%

Top Export Markets for Machinery for Packing from Cameroon in 2022:

Congo (2.0 units)
Australia (1.0 units)
Italy (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the machinery for packing 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 28292180 - Machinery for packing or wrapping (excluding for filling, c losing, sealing, capsuling or labelling bottles, cans, boxes, b ags or other containers)

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