Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Ghana - 2023
Contents:
- Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Ghana (CIF) - 2022
- Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Ghana
Price for Central Heating Boilers; Excluding Those of Heading No. 8402 in Ghana (CIF) - 2022
In 2022, the average import price for central heating boilers; excluding those of heading no. 8402s amounted to $1.6 thousand per unit, growing by 20% against the previous year. In general, the import price posted a buoyant expansion. The pace of growth was the most pronounced in 2016 an increase of 726%. As a result, import price reached the peak level of $7.3 thousand per unit. From 2017 to 2022, the average 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 South Africa ($7.1 thousand per unit), while the price for India ($268 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+28.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Central Heating Boilers; Excluding Those of Heading No. 8402 in Ghana
In 2022, overseas purchases of central heating boilers; excluding those of heading no. 8402s decreased by -39.1% to 246 units for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a dramatic descent. Over the period under review, imports of hit record highs at 524 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of central heating boilers; excluding those of heading no. 8402s contracted significantly to $401K in 2022. Overall, imports continue to indicate a precipitous descent. Imports peaked at $1.6M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Central Heating Boilers; Excluding Those of Heading No. 8402 in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 189 | N/A | 205 | 109 | -16.8% |
| South Africa | 216 | N/A | 3.3 | 85.6 | -26.5% |
| Belgium | 0.1 | N/A | 2.6 | 39.8 | 635.6% |
| Singapore | 85.3 | N/A | 56.4 | 36.4 | -24.7% |
| Malaysia | 15.2 | N/A | 157 | 26.0 | 19.6% |
| United Arab Emirates | N/A | N/A | 16.4 | 25.7 | 56.7% |
| India | 15.5 | N/A | 11.1 | 6.4 | -25.5% |
| Spain | 0.1 | N/A | 45.8 | 0.1 | 0.0% |
| Others | 1,048 | N/A | 51.1 | 72.2 | -59.0% |
| Total | 1,569 | N/A | 548 | 401 | -36.5% |
Top Suppliers of Central Heating Boilers; Excluding Those of Heading No. 8402 to Ghana in 2022:
- Belgium (64.0 units)
- Singapore (55.0 units)
- China (49.0 units)
- India (24.0 units)
- South Africa (12.0 units)
- Malaysia (11.0 units)
- United Arab Emirates (6.0 units)
- Spain (1.0 units)
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