Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ghana - 2023

Contents:

  1. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ghana (CIF) - 2022
  2. Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ghana (FOB) - 2022
  3. Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ghana
  4. Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ghana

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ghana (CIF) - 2022

In 2022, the average import price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms amounted to $2,374 per ton, rising by 2.7% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 35% against the previous year. The import price peaked at $2,932 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($5,329 per ton), while the price for Turkey ($737 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ghana (FOB) - 2022

The average export price for aluminium plates, sheets and strip of thickness exceeding 0.2 mms stood at $1,450 per ton in 2022, dropping by -51.4% against the previous year. In general, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 74% against the previous year. As a result, the export price attained the peak level of $4,818 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burkina Faso ($3,846 per ton), while the average price for exports to India ($116 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 Togo (+1.6%), while the prices for the other major destinations experienced a decline.

Imports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ghana

After two years of decline, overseas purchases of aluminium plates, sheets and strip of thickness exceeding 0.2 mms decreased by -31.1% to 4.3K tons in 2022. In general, imports showed a abrupt curtailment.

In value terms, imports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms contracted significantly to $10M in 2022. Overall, imports recorded a deep reduction.

Import of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ghana (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.3N/A8.04.5-18.5%
Hong Kong SAR3.7N/A4.63.5-1.8%
India0.5N/A0.80.711.9%
GermanyN/AN/A0.40.3-25.0%
Turkey0.1N/A0.10.226.0%
SpainN/AN/AN/A0.20%
United Arab Emirates0.1N/A0.30.10.0%
Others0.1N/A0.30.8100.0%
Total13.0N/A14.510.3-7.5%

Top Suppliers of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm to Ghana in 2022:

  1. China (2633.5 tons)
  2. Hong Kong SAR (898.3 tons)
  3. Turkey (268.5 tons)
  4. India (140.6 tons)
  5. Germany (75.5 tons)
  6. Spain (69.1 tons)
  7. United Arab Emirates (47.9 tons)

Exports of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ghana

In 2022, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms from Ghana surged to 341 tons, growing by 74% compared with the previous year. Over the period under review, exports, however, recorded a precipitous contraction.

In value terms, exports of aluminium plates, sheets and strip of thickness exceeding 0.2 mms contracted remarkably to $494K in 2022. In general, exports, however, showed a sharp curtailment.

Export of Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mali67.2N/AN/A37777.7%
Hong Kong SARN/AN/AN/A66.40%
Cote d'Ivoire45.6N/A12630.1-12.9%
Burkina Faso2.0N/A37312.081.7%
India202N/AN/A7.7-66.3%
South Korea127N/AN/AN/A0%
Thailand200N/AN/AN/A0%
Japan968N/AN/AN/A0%
Indonesia134N/AN/AN/A0%
Greece228N/AN/AN/A0%
Others117N/A86.50.4-84.9%
Total2,091N/A586494-38.2%

Top Export Markets for Aluminium Plates, Sheets and Strip of Thickness Exceeding 0.2 Mm from Ghana in 2022:

  1. Mali (160.2 tons)
  2. Hong Kong SAR (100.3 tons)
  3. India (66.5 tons)
  4. Cote d'Ivoire (10.2 tons)
  5. Burkina Faso (3.1 tons)

Source: IndexBox Market Intelligence Platform

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