Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Ghana - 2022

Contents:

  1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Ghana (CIF) - 2022
  2. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Ghana (FOB) - 2022
  3. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Ghana
  4. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Ghana

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Ghana (CIF) - 2022

The average import price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $421 per ton in 2022, with a decrease of -9.1% against the previous year. Overall, the import price recorded a deep contraction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 51% against the previous year. As a result, import price attained the peak level of $1,802 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,976 per ton), while the price for Togo ($323 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Ghana (FOB) - 2022

The average export price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $738 per ton in 2022, which is down by -37.1% against the previous year. Over the period under review, the export price showed a abrupt contraction. The growth pace was the most rapid in 2013 when the average export price increased by 56% against the previous year. As a result, the export price attained the peak level of $1,941 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burkina Faso ($833 per ton), while the average price for exports to the Netherlands ($312 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 Niger (+17.7%), while the prices for the other major destinations experienced a decline.

Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Ghana

In 2022, overseas purchases of granules and powders, of pig iron, spiegeleisen, iron or steels decreased by -27.4% to 235 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 7.7% against the previous year. As a result, imports reached the peak of 464 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels declined notably to $99K in 2022. Overall, imports saw a dramatic slump. The smallest decline of -18.3% was in 2020.

Import of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TogoN/AN/AN/A55.40%
China61.612097.321.9-29.2%
United States59.523.117.97.5-49.9%
India12.27.89.96.8-17.7%
Netherlands37.114.010.64.3-51.2%
United Kingdom52.710.90.90.1-87.6%
Others23.325.313.53.0-49.5%
Total24620115099.0-26.2%

Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to Ghana in 2022:

  1. Togo (171.4 tons)
  2. China (42.0 tons)
  3. India (8.9 tons)
  4. United States (5.5 tons)
  5. Netherlands (5.0 tons)
  6. United Kingdom (0.1 tons)

Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Ghana

In 2022, exports of granules and powders, of pig iron, spiegeleisen, iron or steels from Ghana skyrocketed to 2.4 tons, increasing by 217% against the previous year's figure. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels surged to $1.8K in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burkina Faso3882397801,61660.9%
NetherlandsN/AN/AN/A1240%
Cote d'Ivoire59.062.011547.0-7.3%
NigerN/A331N/AN/A0%
OthersN/AN/A1.03.0200.0%
Total4476328961,79058.8%

Top Export Markets for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel from Ghana in 2022:

  1. Burkina Faso (1939.0 kg)
  2. Netherlands (398.0 kg)
  3. Cote d'Ivoire (84.0 kg)
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