Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Ghana - 2023

Contents:

  1. Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Ghana (CIF) - 2022
  2. Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Ghana

Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Ghana (CIF) - 2022

The average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses stood at $6,440 per ton in 2022, jumping by 37% against the previous year. Overall, the import price posted moderate growth. The most prominent rate of growth was recorded in 2017 an increase of 179% against the previous year. The import price peaked at $6,965 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.8% per year.

Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Ghana

In 2022, approx. 3.1 tons of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses were imported into Ghana; reducing by -49.6% compared with the previous year's figure. Over the period under review, imports showed a precipitous decrease.

In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses contracted dramatically to $20K in 2022. In general, imports faced a dramatic slump. The smallest decline of -31.1% was in 2020.

Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China60.341.828.819.8-31.0%
Others0.70.30.20.1-47.7%
Total61.042.029.020.0-31.0%

Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Ghana in 2022:

  1. China (3.1 tons)

Source: IndexBox Market Intelligence Platform

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