Ghana - Ribbed Or Other Deformed Wire Rod Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Deformed Non-Alloy Steel Wire Rod in Ghana - 2023
Contents:
- Price for Deformed Non-Alloy Steel Wire Rod in Ghana (CIF) - 2022
- Price for Deformed Non-Alloy Steel Wire Rod in Ghana (FOB) - 2022
- Imports of Deformed Non-Alloy Steel Wire Rod in Ghana
- Exports of Deformed Non-Alloy Steel Wire Rod in Ghana
Price for Deformed Non-Alloy Steel Wire Rod in Ghana (CIF) - 2022
The average import price for ribbed or other deformed wire rod of non-alloy steel stood at $1,060 per ton in 2022, dropping by -43.9% against the previous year. Overall, the import price, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 52% against the previous year. Over the period under review, average import prices reached the maximum at $1,891 per ton in 2021, and then declined dramatically in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($1,054 per ton), while the price for China amounted to $773 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Deformed Non-Alloy Steel Wire Rod in Ghana (FOB) - 2022
The average export price for ribbed or other deformed wire rod of non-alloy steel stood at $608 per ton in 2022, flattening at the previous year. In general, the export price continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2013 an increase of 5.9%. Over the period under review, the average export prices hit record highs at $934 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Niger.
From 2012 to 2022, the rate of growth in terms of prices for Togo amounted to +5.9% per year.
Imports of Deformed Non-Alloy Steel Wire Rod in Ghana
After two years of decline, supplies from abroad of ribbed or other deformed wire rod of non-alloy steel decreased by -53.5% to 229 tons in 2022. Over the period under review, imports saw a abrupt decline.
In value terms, deformed non-alloy steel wire rod imports contracted sharply to $242K in 2022. Overall, imports, however, recorded a noticeable increase.
| Import of Deformed Non-Alloy Steel Wire Rod in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 223 | N/A | 92.2 | 240 | 2.5% |
| China | N/A | N/A | 388 | 0.8 | -99.8% |
| India | N/A | N/A | 23.0 | N/A | 0% |
| Others | 1.4 | N/A | 1.3 | 1.7 | 6.7% |
| Total | 225 | N/A | 505 | 242 | 2.5% |
Top Suppliers of Deformed Non-Alloy Steel Wire Rod to Ghana in 2022:
- United Kingdom (227.7 tons)
- China (1.0 tons)
Exports of Deformed Non-Alloy Steel Wire Rod in Ghana
In 2022, after two years of decline, there was decline in overseas shipments of ribbed or other deformed wire rod of non-alloy steel, when their volume decreased by 0% to 25 tons. Over the period under review, exports posted a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, deformed non-alloy steel wire rod exports stood at $15K in 2022. Overall, exports showed a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Export of Deformed Non-Alloy Steel Wire Rod in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | N/A | N/A | N/A | 15.2 | 0% |
| Burkina Faso | 0.9 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.9 | N/A | N/A | 15.2 | 156.6% |
Top Export Markets for Deformed Non-Alloy Steel Wire Rod from Ghana in 2022:
- Niger (25.0 tons)
This report provides an in-depth analysis of the market for deformed non-alloy steel wire rod 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 24106110 - Ribbed or other deformed wire rod (of non-alloy steel)
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
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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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