| Product Code: ETC5707956 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2023, Cameroon saw a significant shift in the FRP vessels import market, with top exporters such as China, France, Germany, Italy, and the United States dominating the sector. The Herfindahl-Hirschman Index (HHI) decreased from moderate to low concentration, indicating a more diversified market landscape. With a strong Compound Annual Growth Rate (CAGR) of 15.05% and a steady growth rate of 6.33%, the future looks promising for the FRP vessels import industry in Cameroon. This trend suggests increased competition and opportunities for market expansion in the coming years.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cameroon FRP Vessels Market Overview |
3.1 Cameroon Country Macro Economic Indicators |
3.2 Cameroon FRP Vessels Market Revenues & Volume, 2021 & 2031F |
3.3 Cameroon FRP Vessels Market - Industry Life Cycle |
3.4 Cameroon FRP Vessels Market - Porter's Five Forces |
3.5 Cameroon FRP Vessels Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Cameroon FRP Vessels Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.7 Cameroon FRP Vessels Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cameroon FRP Vessels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable vessels in Cameroon |
4.2.2 Growth in the fishing industry, driving the need for FRP vessels |
4.2.3 Government initiatives promoting the use of FRP vessels in Cameroon's waterways |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with FRP vessels |
4.3.2 Limited awareness and understanding of the benefits of FRP vessels among potential buyers in Cameroon |
4.3.3 Lack of skilled labor for manufacturing and maintenance of FRP vessels |
5 Cameroon FRP Vessels Market Trends |
6 Cameroon FRP Vessels Market Segmentations |
6.1 Cameroon FRP Vessels Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Cameroon FRP Vessels Market Revenues & Volume, By Glass, 2021-2031F |
6.1.3 Cameroon FRP Vessels Market Revenues & Volume, By Carbon, 2021-2031F |
6.2 Cameroon FRP Vessels Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Cameroon FRP Vessels Market Revenues & Volume, By Polyester, 2021-2031F |
6.2.3 Cameroon FRP Vessels Market Revenues & Volume, By Epoxy, 2021-2031F |
6.2.4 Cameroon FRP Vessels Market Revenues & Volume, By Others, 2021-2031F |
6.3 Cameroon FRP Vessels Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cameroon FRP Vessels Market Revenues & Volume, By Water & Wastewater, 2021-2031F |
6.3.3 Cameroon FRP Vessels Market Revenues & Volume, By Chemical, 2021-2031F |
6.3.4 Cameroon FRP Vessels Market Revenues & Volume, By Automotive & Transportation, 2021-2031F |
6.3.5 Cameroon FRP Vessels Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.6 Cameroon FRP Vessels Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.7 Cameroon FRP Vessels Market Revenues & Volume, By Others, 2021-2031F |
7 Cameroon FRP Vessels Market Import-Export Trade Statistics |
7.1 Cameroon FRP Vessels Market Export to Major Countries |
7.2 Cameroon FRP Vessels Market Imports from Major Countries |
8 Cameroon FRP Vessels Market Key Performance Indicators |
8.1 Average age of existing vessels in Cameroon's market |
8.2 Number of new entrants in the FRP vessel manufacturing industry in Cameroon |
8.3 Percentage increase in government funding allocated to promote the use of FRP vessels in Cameroon |
9 Cameroon FRP Vessels Market - Opportunity Assessment |
9.1 Cameroon FRP Vessels Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Cameroon FRP Vessels Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.3 Cameroon FRP Vessels Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cameroon FRP Vessels Market - Competitive Landscape |
10.1 Cameroon FRP Vessels Market Revenue Share, By Companies, 2024 |
10.2 Cameroon FRP Vessels Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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