(Business in Cameroon) - Cameroon imported 573.6 billion CFA francs worth of machinery, electrical appliances, and other industrial equipment in 2024. According to data from the National Institute of Statistics (INS), this represents the largest volume of spending on industrial equipment imports over the six-year period from 2019 to 2024. The INS report indicates that after stagnating at around 400 billion CFA francs per year, these imports surpassed the 500 billion CFA francs mark for the first time in 2023 and are nearing 600 billion CFA francs as of 2024. This increase in industrial equipment imports reflects a growing dynamism in Cameroon's industrial sector, marked by the establishment of new factories in recent years. Industrial equipment falls under the second group of products, for which tariff dismantling began on August 4, 2017, with a 15% annual reduction in customs duties, reaching 0% since August 4, 2023.