Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Cameroon - 2022

Contents:

  1. Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Cameroon (CIF) - 2022
  2. Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Cameroon (FOB) - 2022
  3. Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Cameroon
  4. Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Cameroon

Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Cameroon (CIF) - 2022

The average import price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $1,612 per ton in 2022, shrinking by -85.6% against the previous year. In general, the import price faced a deep downturn. The pace of growth appeared the most rapid in 2014 an increase of 38% against the previous year. The import price peaked at $12,813 per ton in 2018; however, from 2019 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 Thailand ($121,200 per ton), while the price for China ($1,581 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+37.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Cameroon (FOB) - 2022

The average export price for press-fasteners, snap-fasteners, press-studs and parts therefor stood at $9,261 per ton in 2022, dropping by -7.5% against the previous year. In general, the export price saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 47%. Over the period under review, the average export prices attained the maximum at $28,200 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -10.5% per year.

Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Cameroon

In 2022, the amount of press-fasteners, snap-fasteners, press-studs and parts therefor imported into Cameroon surged to 268 tons, with an increase of 694% against the previous year's figure. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor rose sharply to $433K in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -10.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 106% against the previous year. As a result, imports reached the peak of $486K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China25.211026.7424156.2%
South Korea1943513325.1-70.3%
Others15.925.221.43.7-38.5%
Total23548638043322.6%

Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Cameroon in 2022:

  1. China (268.1 tons)
  2. South Korea (0.2 tons)

Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Cameroon

After three years of growth, overseas shipments of press-fasteners, snap-fasteners, press-studs and parts therefor decreased by -35.2% to 1.9 tons in 2022. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 242%. As a result, the exports reached the peak of 3 tons, and then fell significantly in the following year.

In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor contracted significantly to $18K in 2022. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2021 with an increase of 401% against the previous year. As a result, the exports reached the peak of $30K, and then plummeted in the following year.

Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada3.2N/AN/A17.877.2%
Cote d'IvoireN/AN/A29.7N/A0%
PhilippinesN/A5.9N/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.25.929.717.877.2%

Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from Cameroon in 2022:

  1. Canada (1.9 tons)

Source: IndexBox Market Intelligence Platform

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