中国在喀麦隆机械设备市场表现亮眼

Core Insights - The report indicates that China has significantly increased its market share in Cameroon’s machinery and equipment imports, rising from 23.8% in 2016 to 52.5% in 2024, marking a growth of 28.7 percentage points [1][2] - In contrast, the European Union's market share has decreased from 50.1% in 2016 to 29.3% in 2023, before recovering slightly to 32.3% in 2024, representing a decline of nearly 20 percentage points over eight years [1][2] Market Dynamics - The decline in the EU's market share is attributed to the competitive pricing of Chinese equipment, which is perceived as more affordable and easier to maintain due to the availability of spare parts [2] - The Cameroon Competitiveness Committee reports that the import value of industrial equipment in Cameroon has more than doubled from 243.7 billion CFA francs in 2010 to 512.8 billion CFA francs in 2024 [2] Policy Impact - The Economic Partnership Agreement (EPA) between Cameroon and the EU, which began in 2016, aimed to gradually eliminate 80% of tariffs on European imports over 15 years, with industrial machinery included in the tariff reductions [1] - As of August 4, 2023, industrial machinery and equipment imported from the EU are exempt from tariffs, intended to strengthen the position of European manufacturers in Cameroon [1]