Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ghana - 2023
Contents:
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ghana (CIF) - 2022
- Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ghana (FOB) - 2022
- Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ghana
- Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ghana
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ghana (CIF) - 2022
The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $3,612 per ton in 2022, falling by -32.6% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 93%. Over the period under review, average import prices hit record highs at $9,955 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
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 Japan ($33,250 per ton), while the price for China ($1,363 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (+46.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ghana (FOB) - 2022
In 2022, the average export price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $8,918 per ton, with a decrease of -96.6% against the previous year. Over the period under review, the export price, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2013 an increase of 1,073%. The export price peaked at $259,500 per ton in 2021, and then dropped significantly in the following year.
As there is only one major export destination, the average price level is determined by prices for Mozambique.
From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to +408.9% per year.
Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ghana
In 2022, imports of iron or steel cast fittings, other than of non-malleable cast ira into Ghana surged to 197 tons, with an increase of 151% against the year before. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira surged to $712K in 2022. Over the period under review, imports showed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 38.5 | N/A | 8.2 | 216 | 77.7% |
| Italy | 109 | N/A | 37.6 | 132 | 6.6% |
| China | 16.9 | N/A | 46.5 | 120 | 92.2% |
| India | 1.5 | N/A | 29.6 | 68.1 | 256.7% |
| United States | 130 | N/A | 105 | 38.8 | -33.2% |
| United Kingdom | 51.6 | N/A | 88.5 | 14.6 | -34.4% |
| Belgium | 82.9 | N/A | 13.7 | 4.5 | -62.1% |
| Others | 147 | N/A | 92.3 | 119 | -6.8% |
| Total | 578 | N/A | 422 | 712 | 7.2% |
Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Ghana in 2022:
- China (87.8 tons)
- South Africa (59.6 tons)
- India (23.8 tons)
- Italy (11.1 tons)
- United States (1.3 tons)
- United Kingdom (0.9 tons)
- Belgium (0.3 tons)
Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ghana
Exports of iron or steel cast fittings, other than of non-malleable cast ira from Ghana surged to 17 tons in 2022, growing by 844,550% against the previous year's figure. In general, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira skyrocketed to $151K in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Ghana (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| Mozambique | N/A | 149 | 0% |
| Others | 0.5 | 1.6 | 220.0% |
| Total | 0.5 | 151 | 30100.0% |
Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Ghana in 2022:
- Mozambique (16.9 tons)
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