Ghana - Base Metal Hooks, Eyes And Eyelets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Hook Price in Ghana - 2022
Contents:
- Base Metal Hook Price in Ghana (CIF) - 2022
- Base Metal Hook Price in Ghana (FOB) - 2022
- Base Metal Hook Imports in Ghana
- Base Metal Hook Exports in Ghana
Base Metal Hook Price in Ghana (CIF) - 2022
The average base metal hook import price stood at $4,077 per ton in 2022, reducing by -6.3% against the previous year. Over the period under review, the import price, however, saw a slight increase. The pace of growth appeared the most rapid in 2019 an increase of 139%. As a result, import price reached the peak level of $8,271 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,883 per ton), while the price for Thailand ($907 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Base Metal Hook Price in Ghana (FOB) - 2022
In 2022, the average base metal hook export price amounted to $10,533 per ton, declining by -59.6% against the previous year. In general, the export price, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 275%. The export price peaked at $32,231 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($38,000 per ton), while the average price for exports to Burkina Faso ($7,914 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+43.9%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Hook Imports in Ghana
In 2022, approx. 239 tons of base metal hooks, eyes and eyelets were imported into Ghana; picking up by 11% on 2021 figures. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 228% against the previous year. As a result, imports reached the peak of 264 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, base metal hook imports expanded to $975K in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 52%. As a result, imports reached the peak of $1M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Base Metal Hook in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 172 | 907 | 838 | 898 | 73.5% |
Others | 493 | 105 | 101 | 77.4 | -46.1% |
Total | 665 | 1,012 | 939 | 975 | 13.6% |
Top Suppliers of Base Metal Hook to Ghana in 2022:
- China (231.3 tons)
Base Metal Hook Exports in Ghana
For the fourth consecutive year, Ghana recorded growth in shipments abroad of base metal hooks, eyes and eyelets, which increased by 96% to 92 kg in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, base metal hook exports shrank rapidly to $969 in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 292%.
Export of Base Metal Hook in Ghana (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Burkina Faso | 64.0 | 157 | 186 | 641 | 115.6% |
United States | 22.0 | 53.0 | 63.0 | 214 | 113.5% |
Cote d'Ivoire | 11.0 | 23.0 | 25.0 | 76.0 | 90.5% |
South Africa | 7.0 | 13.0 | 12.0 | 33.0 | 67.7% |
Angola | N/A | N/A | 937 | N/A | 0% |
Others | 78.0 | 467 | 2.0 | 5.0 | -60.0% |
Total | 182 | 713 | 1,225 | 969 | 74.6% |
Top Export Markets for Base Metal Hook from Ghana in 2022:
- Burkina Faso (81.0 kg)
- United States (7.0 kg)
- Cote d'Ivoire (2.0 kg)
- South Africa (1.0 kg)
This report provides an in-depth analysis of the base metal hook 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 25992530 - Base metal hooks, eyes, eyelets and the like, used for clothing, footwear, awnings, handbags, travel goods or other made-up articles excluding snap hooks, rivets, press studs and push buttons
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.
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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
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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
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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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