Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Ghana - 2022
Contents:
- Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Ghana (CIF) - 2022
- Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Ghana
Price for Cupro-Nickel and Nickel Silver Tubes and Pipes in Ghana (CIF) - 2022
The average import price for tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) stood at $4,313 per ton in 2022, remaining constant against the previous year. Over the period under review, the import price recorded a abrupt decline. The pace of growth was the most pronounced in 2019 when the average import price increased by 48%. The import price peaked at $15,768 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Norway ($34,251 per ton), while the price for the United States ($246 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+60.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cupro-Nickel and Nickel Silver Tubes and Pipes in Ghana
In 2022, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) into Ghana soared to 4.3 tons, with an increase of 22% on the year before. Over the period under review, imports saw measured growth. The pace of growth appeared the most rapid in 2021 when imports increased by 179% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, imports of tubes and pipes of copper-nickel base alloys (cupro-nickel) or copper-nickel-zinc base alloys (nickel silver) surged to $18K in 2022. In general, imports, however, saw a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year.
| Import of Cupro-Nickel and Nickel Silver Tubes and Pipes in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 13.7 | 4.1 | 8.0 | 8.6 | -14.4% |
| China | 4.4 | 2.1 | 4.9 | 3.2 | -10.1% |
| Germany | 2.0 | 0.7 | 1.0 | 0.9 | -23.4% |
| South Africa | 1.6 | 0.5 | 0.8 | 0.8 | -20.6% |
| United Kingdom | 13.8 | 1.2 | 0.4 | 0.8 | -61.3% |
| India | 3.3 | N/A | N/A | N/A | 0% |
| Netherlands | 1.4 | N/A | N/A | N/A | 0% |
| United States | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 4.0 | 0% |
| Total | 40.3 | 8.5 | 15.3 | 18.4 | -23.0% |
Top Suppliers of Cupro-Nickel and Nickel Silver Tubes and Pipes to Ghana in 2022:
- China (2221.0 kg)
- South Africa (1557.0 kg)
- Norway (251.0 kg)
- United Kingdom (72.0 kg)
- United States (65.0 kg)
- Germany (40.0 kg)
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