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Ghana - Files, Rasps And Similar Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFiles and Rasps Price in Ghana - 2022
Contents:
- Files and Rasps Price in Ghana (CIF) - 2022
- Files and Rasps Price in Ghana (FOB) - 2022
- Files and Rasps Imports in Ghana
- Files and Rasps Exports in Ghana
Files and Rasps Price in Ghana (CIF) - 2022
The average files and rasps import price stood at $11 per unit in 2022, waning by -5.3% against the previous year. Over the period under review, the import price, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 148%. Over the period under review, average import prices attained the peak figure at $12 per unit in 2021, and then declined in the following year.
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 Germany ($19 per unit), while the price for Malaysia ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Files and Rasps Price in Ghana (FOB) - 2022
In 2022, the average files and rasps export price amounted to $5.7 per unit, falling by -15.8% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 68% against the previous year. Over the period under review, the average export prices hit record highs at $12 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($109 per unit), while the average price for exports to Burkina Faso ($22 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+59.9%), while the prices for the other major destinations experienced more modest paces of growth.
Files and Rasps Imports in Ghana
In 2022, overseas purchases of files, rasps and similar tools were finally on the rise to reach 75K units after two years of decline. In general, imports, however, recorded a abrupt decline. Imports peaked at 101K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, files and rasps imports dropped modestly to $830K in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +94.3% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 88% against the previous year. Over the period under review, imports attained the maximum at $856K in 2021, and then dropped in the following year.
Import of Files and Rasps in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 274 | 487 | 462 | 513 | 23.3% |
China | 26.3 | 268 | 366 | 256 | 113.5% |
United Kingdom | 11.8 | 2.5 | 2.0 | 16.3 | 11.4% |
Thailand | 2.8 | 1.8 | 2.1 | 3.0 | 2.3% |
Malaysia | 1.2 | 0.7 | 0.8 | 1.0 | -5.9% |
Others | 111 | 43.4 | 23.6 | 40.2 | -28.7% |
Total | 427 | 804 | 856 | 830 | 24.8% |
Top Suppliers of Files and Rasps to Ghana in 2022:
- China (37.3K units)
- Germany (27.7K units)
- United Kingdom (3.4K units)
- Malaysia (1.5K units)
- Thailand (1.2K units)
Files and Rasps Exports in Ghana
After three years of growth, shipments abroad of files, rasps and similar tools decreased by -18.2% to 9 units in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.0% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 57%. As a result, the exports reached the peak of 11 units, and then shrank remarkably in the following year.
In value terms, files and rasps exports reduced dramatically to $51 in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 164%. As a result, the exports attained the peak of $74, and then declined sharply in the following year.
Export of Files and Rasps in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Burkina Faso | 0.5 | 4.9 | 1.7 | 2.0 | 58.7% |
Tanzania | N/A | N/A | N/A | 1.6 | 0% |
Norway | 1.9 | N/A | N/A | N/A | 0% |
United States | 10.5 | N/A | N/A | N/A | 0% |
Others | -12.8 | -4.9 | -1.7 | -3.5 | -35.1% |
Total | N/A | N/A | 0.1 | 0.1 | 0.0% |
Top Export Markets for Files and Rasps from Ghana in 2022:
- Burkina Faso (90.0 units)
- Tanzania (17.0 units)
This report provides an in-depth analysis of the files and rasps 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 25733013 - Files, rasps and similar tools (excluding punches and files for machine tools)
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
-
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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