Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Ghana - 2023
Contents:
- Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Ghana (CIF) - 2022
- Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Ghana (FOB) - 2022
- Imports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Ghana
- Exports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Ghana
Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Ghana (CIF) - 2022
The average import price for engines; pneumatic power engines and motors, other than linear acting (cylinders)s stood at $254 per unit in 2022, with a decrease of -2.4% against the previous year. Over the period under review, the import price saw a abrupt downturn. The growth pace was the most rapid in 2015 an increase of 26%. The import price peaked at $1 thousand per unit in 2017; however, from 2018 to 2022, 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 Italy ($973 per unit), while the price for Togo ($674 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.2%), while the prices for the other major suppliers experienced a decline.
Price for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Ghana (FOB) - 2022
The average export price for engines; pneumatic power engines and motors, other than linear acting (cylinders)s stood at $617 per unit in 2022, jumping by 512% against the previous year. Overall, the export price, however, saw a abrupt slump. The export price peaked at $1.7 thousand per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($2 thousand per unit), while the average price for exports to the Netherlands ($154 per unit) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-16.1%).
Imports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Ghana
In 2022, imports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s into Ghana soared to 2K units, with an increase of 72% against the previous year's figure. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s skyrocketed to $519K in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.2 | N/A | 29.4 | 66.4 | 151.0% |
| Germany | 8.7 | N/A | 10.7 | 53.5 | 83.2% |
| South Africa | 20.5 | N/A | 29.1 | 44.3 | 29.3% |
| Netherlands | 11.1 | N/A | 19.6 | 31.6 | 41.7% |
| United Kingdom | 83.2 | N/A | 11.3 | 30.8 | -28.2% |
| Italy | 18.3 | N/A | 32.3 | 30.2 | 18.2% |
| United Arab Emirates | 0.2 | N/A | 17.1 | 23.8 | 391.9% |
| Malaysia | 1.5 | N/A | 0.9 | 20.0 | 137.1% |
| Denmark | 0.6 | N/A | 0.8 | 17.4 | 207.2% |
| India | 7.1 | N/A | 13.8 | 15.2 | 28.9% |
| South Korea | 0.8 | N/A | 39.4 | 14.4 | 162.1% |
| Togo | N/A | N/A | N/A | N/A | 0% |
| Others | 90.4 | N/A | 105 | 171 | 23.7% |
| Total | 247 | N/A | 310 | 519 | 28.1% |
Top Suppliers of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) to Ghana in 2022:
- China (973.0 units)
- South Africa (222.0 units)
- United Kingdom (110.0 units)
- Netherlands (103.0 units)
- Malaysia (90.0 units)
- India (89.0 units)
- United Arab Emirates (81.0 units)
- Germany (76.0 units)
- Denmark (60.0 units)
- Togo (43.0 units)
- Italy (31.0 units)
- South Korea (20.0 units)
Exports of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Ghana
In 2022, the amount of engines; pneumatic power engines and motors, other than linear acting (cylinders)s exported from Ghana skyrocketed to 11 units, rising by 267% on the previous year. Over the period under review, exports, however, faced a sharp descent. Over the period under review, the exports of hit record highs at 106 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of engines; pneumatic power engines and motors, other than linear acting (cylinders)s soared to $6.8K in 2022. Overall, exports, however, faced a dramatic decrease. Over the period under review, the exports of attained the maximum at $182K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | N/A | N/A | N/A | 3.2 | 0% |
| Belgium | N/A | N/A | N/A | 2.0 | 0% |
| Netherlands | 0.3 | N/A | 0.1 | 0.9 | 44.2% |
| Togo | N/A | N/A | N/A | 0.6 | 0% |
| Senegal | N/A | N/A | 0.2 | N/A | 0% |
| India | 1.0 | N/A | N/A | N/A | 0% |
| South Africa | 1.4 | N/A | N/A | N/A | 0% |
| Others | 179 | N/A | N/A | N/A | 0% |
| Total | 182 | N/A | 0.3 | 6.8 | -66.6% |
Top Export Markets for Engines; Pneumatic Power Engines and Motors, Other than Linear Acting (Cylinders) from Ghana in 2022:
- Netherlands (6.0 units)
- Cote d'Ivoire (3.0 units)
- Belgium (1.0 units)
- Togo (1.0 units)
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