Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Cameroon - 2022
Contents:
- Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Cameroon (CIF) - 2022
- Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Cameroon
Price for Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Cameroon (CIF) - 2022
In 2022, the average import price for furnaces and ovens; industrial or laboratory induction or dielectrics amounted to $6,176 per unit, surging by 7.9% against the previous year. Overall, the import price, however, recorded a slight reduction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 122% against the previous year. As a result, import price attained the peak level of $15,812 per unit. From 2014 to 2022, the average import prices remained at a somewhat 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 India ($5,187 per unit), while the price for Belgium ($4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+27.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Cameroon
For the third consecutive year, Cameroon recorded decline in purchases abroad of furnaces and ovens; industrial or laboratory induction or dielectrics, which decreased by -11.1% to 8 units in 2022. Over the period under review, imports saw a deep setback. The smallest decline of -9.1% was in 2020. Imports peaked at 11 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of furnaces and ovens; industrial or laboratory induction or dielectrics rose markedly to $12K in 2022. In general, imports saw a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 8.5% against the previous year. Over the period under review, imports of attained the peak figure at $15K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric in Cameroon (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 6.3 | 4.4 | 3.4 | 5.2 | -6.2% |
| Italy | 1.7 | 2.5 | 2.8 | 3.0 | 20.8% |
| United States | 1.3 | 1.2 | 1.5 | 1.8 | 11.5% |
| Turkey | 0.3 | 1.0 | 2.0 | 1.1 | 54.2% |
| China | 2.5 | 0.3 | 0.7 | 0.6 | -37.9% |
| Germany | 0.5 | 0.3 | 0.3 | 0.4 | -7.2% |
| France | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
| Belgium | N/A | N/A | N/A | N/A | 0% |
| Malaysia | 0.8 | 0.1 | N/A | N/A | -87.5% |
| Portugal | N/A | N/A | 0.5 | N/A | 0% |
| Others | 1.8 | 0.5 | N/A | N/A | -72.2% |
| Total | 15.5 | 10.6 | 11.5 | 12.4 | -7.2% |
Top Suppliers of Furnaces and Ovens; Industrial or Laboratory Induction or Dielectric to Cameroon in 2022:
- Turkey (1.0 units)
- Italy (1.0 units)
- India (1.0 units)
- France (1.0 units)
- United States (1.0 units)
- Germany (1.0 units)
- Belgium (1.0 units)
- China (1.0 units)
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