Price for Automatic Circuit Breakers for Under 1000 V in Ghana - 2023

Contents:

  1. Price for Automatic Circuit Breakers for Under 1000 V in Ghana (CIF) - 2022
  2. Price for Automatic Circuit Breakers for Under 1000 V in Ghana (FOB) - 2022
  3. Imports of Automatic Circuit Breakers for Under 1000 V in Ghana
  4. Exports of Automatic Circuit Breakers for Under 1000 V in Ghana

Price for Automatic Circuit Breakers for Under 1000 V in Ghana (CIF) - 2022

In 2022, the average import price for automatic circuit breakers for under 1000 v amounted to $4.2 per unit, which is down by -32.3% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2014 an increase of 68% against the previous year. Over the period under review, average import prices hit record highs at $8 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($25 per unit), while the price for the United Arab Emirates ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Automatic Circuit Breakers for Under 1000 V in Ghana (FOB) - 2022

The average export price for automatic circuit breakers for under 1000 v stood at $5.8 per unit in 2022, declining by -61.1% against the previous year. Overall, the export price, however, showed significant growth. The most prominent rate of growth was recorded in 2013 an increase of 12,561%. Over the period under review, the average export prices reached the maximum at $15 per unit in 2021, and then dropped significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sierra Leone ($52 per unit), while the average price for exports to Congo ($2.1 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 Belgium (+1.1%).

Imports of Automatic Circuit Breakers for Under 1000 V in Ghana

After two years of decline, overseas purchases of automatic circuit breakers for under 1000 v decreased by -40% to 878K units in 2022. Overall, imports, however, saw a strong expansion. Over the period under review, imports of hit record highs at 1.5M units in 2021, and then declined sharply in the following year.

In value terms, imports of automatic circuit breakers for under 1000 v dropped significantly to $3.7M in 2022. Over the period under review, imports, however, posted a remarkable increase. Over the period under review, imports of reached the peak figure at $9.2M in 2021, and then dropped sharply in the following year.

Import of Automatic Circuit Breakers for Under 1000 V in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain217N/A47384457.3%
China77.2N/A85945180.1%
India430N/A762388-3.4%
United Kingdom206N/A55229212.3%
Belgium172N/A45.32167.9%
Nigeria6.6N/A114178199.9%
Lebanon135N/A7.91483.1%
United Arab Emirates24.8N/A1,06910762.8%
Singapore10.5N/A4.875.593.0%
Turkey21.9N/A33.551.232.7%
South Korea0.5N/A3,935N/A8771.3%
Others1,451N/A1,301970-12.6%
Total2,753N/A9,1573,72010.6%

Top Suppliers of Automatic Circuit Breakers for Under 1000 V to Ghana in 2022:

  1. China (414.4K units)
  2. United Arab Emirates (227.8K units)
  3. India (118.2K units)
  4. Spain (89.5K units)
  5. Lebanon (52.3K units)
  6. Belgium (50.4K units)
  7. United Kingdom (41.9K units)
  8. Nigeria (26.0K units)
  9. Turkey (24.8K units)
  10. Singapore (23.4K units)

Exports of Automatic Circuit Breakers for Under 1000 V in Ghana

In 2022, exports of automatic circuit breakers for under 1000 v from Ghana stood at 4.1K units, surging by 3.4% on 2021. Over the period under review, exports posted a moderate increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of automatic circuit breakers for under 1000 v dropped significantly to $24K in 2022. Overall, exports enjoyed a resilient increase. The exports peaked at $60K in 2021, and then reduced dramatically in the following year.

Export of Automatic Circuit Breakers for Under 1000 V in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A10.50%
Sierra LeoneN/AN/AN/A7.60%
CongoN/AN/AN/A1.90%
United Arab EmiratesN/AN/AN/A1.40%
Democratic Republic of the CongoN/AN/AN/A1.40%
BeninN/AN/AN/A0.90%
BelgiumN/AN/AN/A0.30%
GuineaN/AN/A7.6N/A0%
Niger18.6N/AN/AN/A0%
MaliN/AN/A34.7N/A0%
Cote d'Ivoire0.1N/A9.3N/A864.4%
Others1.1N/A8.0N/A169.7%
Total19.8N/A59.624.06.6%

Top Export Markets for Automatic Circuit Breakers for Under 1000 V from Ghana in 2022:

  1. Germany (2503.0 units)
  2. Congo (903.0 units)
  3. Democratic Republic of the Congo (343.0 units)
  4. Benin (183.0 units)
  5. United Arab Emirates (157.0 units)
  6. Sierra Leone (147.0 units)
  7. Belgium (70.0 units)
  8. Cote d'Ivoire (21.0 units)

Source: IndexBox Market Intelligence Platform

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