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Ghana - Bearing Housings Incorporating Ball Or Roller Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Bearing Housing with Ball Bearing in Ghana - 2022
Contents:
- Price for Bearing Housing with Ball Bearing in Ghana (CIF) - 2022
- Price for Bearing Housing with Ball Bearing in Ghana (FOB) - 2022
- Imports of Bearing Housing with Ball Bearing in Ghana
- Exports of Bearing Housing with Ball Bearing in Ghana
Price for Bearing Housing with Ball Bearing in Ghana (CIF) - 2022
The average import price for bearing housings incorporating ball or roller bearings stood at $6,732 per ton in 2022, dropping by -27.6% against the previous year. Overall, the import price saw a abrupt decline. The pace of growth was the most pronounced in 2017 when the average import price increased by 29%. Over the period under review, average import prices hit record highs at $44,405 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 the UK ($67,588 per ton), while the price for Malaysia ($1,944 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Bearing Housing with Ball Bearing in Ghana (FOB) - 2022
In 2022, the average export price for bearing housings incorporating ball or roller bearings amounted to $14,411 per ton, which is down by -1.6% against the previous year. Overall, the export price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 86% against the previous year. As a result, the export price reached the peak level of $46,859 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burkina Faso ($102,200 per ton), while the average price for exports to Nigeria ($1,566 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 Tanzania (+224.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Bearing Housing with Ball Bearing in Ghana
In 2022, imports of bearing housings incorporating ball or roller bearings into Ghana soared to 301 tons, rising by 227% against 2021 figures. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 608% against the previous year. As a result, imports attained the peak of 369 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, bearing housing with ball bearing imports skyrocketed to $2M in 2022. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 280% against the previous year. As a result, imports attained the peak of $3.2M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Bearing Housing with Ball Bearing in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 141 | 1,952 | 322 | 704 | 70.9% |
Germany | 43.0 | 130 | 145 | 590 | 139.4% |
United States | 88.0 | 71.2 | 75.9 | 82.4 | -2.2% |
India | 63.0 | 133 | 27.6 | 70.2 | 3.7% |
Ireland | 13.8 | 46.9 | 18.0 | 66.9 | 69.2% |
South Africa | 86.3 | 155 | 21.1 | 51.5 | -15.8% |
Malaysia | 3.8 | 12.1 | 4.3 | 13.4 | 52.2% |
Others | 404 | 699 | 242 | 449 | 3.6% |
Total | 843 | 3,199 | 856 | 2,027 | 34.0% |
Top Suppliers of Bearing Housing with Ball Bearing to Ghana in 2022:
- China (235.8 tons)
- Germany (20.3 tons)
- Malaysia (6.9 tons)
- Ireland (6.2 tons)
- United States (4.9 tons)
- India (4.2 tons)
- South Africa (3.1 tons)
Exports of Bearing Housing with Ball Bearing in Ghana
In 2022, the amount of bearing housings incorporating ball or roller bearings exported from Ghana skyrocketed to 435 kg, rising by 846% on the previous year. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,258%. As a result, the exports reached the peak of 869 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, bearing housing with ball bearing exports surged to $6.3K in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,090%. As a result, the exports reached the peak of $12K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Bearing Housing with Ball Bearing in Ghana (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Burkina Faso | 660 | 6,917 | 363 | 3,066 | 66.9% |
South Africa | 133 | 2,755 | 145 | 1,195 | 107.9% |
Togo | N/A | N/A | N/A | 937 | 0% |
Netherlands | 10.0 | 759 | 112 | 789 | 328.9% |
Nigeria | 92.0 | 1,301 | 43.0 | 202 | 30.0% |
Cote d'Ivoire | 14.0 | 132 | 11.0 | 78.0 | 77.3% |
Others | 88.0 | N/A | N/A | 2.0 | -71.7% |
Total | 997 | 11,864 | 674 | 6,269 | 84.6% |
Top Export Markets for Bearing Housing with Ball Bearing from Ghana in 2022:
- Togo (167.0 kg)
- Nigeria (129.0 kg)
- South Africa (92.0 kg)
- Burkina Faso (30.0 kg)
- Netherlands (8.0 kg)
- Cote d'Ivoire (8.0 kg)
This report provides an in-depth analysis of the market for bearing housing with ball bearing 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 28152330 - Bearing housings incorporating ball or roller bearings
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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