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Ghana - Draw-Benches For Bars, Tubes, Profiles, Wire Or The Like - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBar Draw-Bench Price in Ghana - 2022
Contents:
- Bar Draw-Bench Price in Ghana (CIF) - 2022
- Bar Draw-Bench Price in Ghana (FOB) - 2022
- Bar Draw-Bench Imports in Ghana
- Bar Draw-Bench Exports in Ghana
Bar Draw-Bench Price in Ghana (CIF) - 2022
In 2022, the average bar draw-bench import price amounted to $18,938 per unit, with a decrease of -13.9% against the previous year. In general, the import price, however, posted a buoyant expansion. The growth pace was the most rapid in 2013 an increase of 283%. Over the period under review, average import prices hit record highs at $24,116 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($71,095 per unit), while the price for South Africa ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+85.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Bar Draw-Bench Price in Ghana (FOB) - 2022
In 2022, the average bar draw-bench export price amounted to $2,653 per unit, jumping by 39% against the previous year. In general, the export price saw significant growth. The most prominent rate of growth was recorded in 2021 an increase of 3,277%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.
From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to +69.1% per year.
Bar Draw-Bench Imports in Ghana
In 2022, approx. 15 units of draw-benches for bars, tubes, profiles, wire or the like were imported into Ghana; which is down by -28.6% compared with the previous year. Over the period under review, imports continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 50%. Imports peaked at 30 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, bar draw-bench imports shrank rapidly to $284K in 2022. Overall, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 336% against the previous year. Over the period under review, imports reached the maximum at $715K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Bar Draw-Bench in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 277 | 62.1 | 190 | 142 | -20.0% |
Italy | 96.3 | 21.6 | 65.7 | 49.2 | -20.1% |
Turkey | 1.9 | 1.4 | 52.0 | 43.8 | 184.6% |
Germany | 84.7 | 1.0 | 52.7 | 33.1 | -26.9% |
India | 34.8 | 15.6 | 62.7 | 7.6 | -39.8% |
China | 0.6 | 2.6 | 14.7 | 3.8 | 85.0% |
United States | N/A | N/A | 0.2 | 2.4 | 1100.0% |
United Kingdom | 2.7 | 0.6 | 1.9 | 1.4 | -19.7% |
Lebanon | 0.3 | 0.1 | 0.3 | 0.3 | 0.0% |
Australia | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
Denmark | 0.1 | N/A | 0.1 | N/A | 0.0% |
United Arab Emirates | 0.1 | N/A | N/A | N/A | 0% |
South Africa | N/A | N/A | N/A | N/A | 0% |
Others | 216 | 1.0 | 22.2 | N/A | -67.9% |
Total | 715 | 106 | 462 | 284 | -26.5% |
Top Suppliers of Bar Draw-Bench to Ghana in 2022:
- Turkey (2.0 units)
- Belgium (2.0 units)
- United Kingdom (1.0 units)
- Australia (1.0 units)
- Italy (1.0 units)
- South Africa (1.0 units)
- United Arab Emirates (1.0 units)
- India (1.0 units)
- United States (1.0 units)
- China (1.0 units)
- Germany (1.0 units)
- Denmark (1.0 units)
- Lebanon (1.0 units)
Bar Draw-Bench Exports in Ghana
In 2022, after three years of growth, there was significant decline in overseas shipments of draw-benches for bars, tubes, profiles, wire or the like, when their volume decreased by -63.6% to 4 units. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 267%. As a result, the exports attained the peak of 11 units, and then declined rapidly in the following year.
In value terms, bar draw-bench exports fell sharply to $11K in 2022. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 12,283% against the previous year. As a result, the exports attained the peak of $21K, and then shrank sharply in the following year.
Export of Bar Draw-Bench in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cote d'Ivoire | 0.5 | 0.2 | 8.6 | 10.6 | 176.8% |
Cameroon | N/A | N/A | 12.5 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 0.5 | 0.2 | 21.1 | 10.6 | 176.8% |
Top Export Markets for Bar Draw-Bench from Ghana in 2022:
- Cote d'Ivoire (4.0 units)
This report provides an in-depth analysis of the bar draw-bench market in Ghana. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28413410 - Draw-benches for bars, tubes, profiles, wire or the like of metal, sintered metal carbides or cermets
Country coverage:
- Ghana
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ghana
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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