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09 JULY 2020 AL CIRCLE

Cameroon’s Aluminium structures importation market displays instability during 2017-19; Projected 80.12% volume growth in 2020

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

Cameroon, on the Gulf of Guinea, is a Central African country of varied terrain and wildlife. Its inland capital, Yaoundé, and its biggest city is Douala. Cameroon has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation. Cameroon is a member of the Economic Community of Central African States.

Cameroon's import of Aluminium structures

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The Central African nation’s aluminium structures import during 2017-19 remained unstable, as the import volume stood at 1347 tonnes and the foreign revenue expenditure was recorded at $20.73 million. The analysed import volume for 2020 is expected to reach at 861 tonnes and the expenditure would surge up to $16.14 million. When the projected import volume and expenditure of 2020 gets added to the previous three years it exhibits 2208 tonnes and $36.87 million respectively.

Cameroon’s import of aluminium structures in 2017 was recorded at 303 tonnes and the expenditure stood at $1.03 million, whereas in 2018 the import saw growth by 86.79%, as the import volume climbed to 566 tonnes with expenditure shot up at $12.67 million.

In 2019, the import displays down-fall by 15.54%, as the import volume was recorded at 478 tonnes and expenditure with a steep fall remained at $7.03 million.

The country’s aluminium structures import for 2020 has been projected with a sharp rise by 80.12%, as the import volume to reach at 861 tonnes. This import volume will be recorded as the highest in 4 years.

Report on Energy consumption in Aluminium smelting and changing towards gas emission

The major exporting nations for Cameroon’s import of aluminium structures are France, Italy, Portugal, Spain, Tunisia, Turkey, UAE, etc.

 


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EDITED BY : RUPANKAR MAJUMDER 2MINS READ

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