Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ghana - 2023

Contents:

  1. Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ghana (CIF) - 2022
  2. Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ghana (FOB) - 2022
  3. Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ghana
  4. Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ghana

Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ghana (CIF) - 2022

The average import price for lightning arresters, voltage limiters and surge suppressors for over 1000 v stood at $3.7 per unit in 2022, with an increase of 5.7% against the previous year. In general, the import price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average import price increased by 33% against the previous year. The import price peaked at $8.2 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($53 per unit), while the price for China ($2.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+26.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ghana (FOB) - 2022

In 2022, the average export price for lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $39 per unit, remaining relatively unchanged against the previous year. Over the period under review, the export price recorded significant growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 324% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Poland.

From 2012 to 2022, the rate of growth in terms of prices for Angola amounted to +22.9% per year.

Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ghana

In 2022, after two years of decline, there was significant decline in supplies from abroad of lightning arresters, voltage limiters and surge suppressors for over 1000 v, when their volume decreased by -19.4% to 515K units. In general, imports, however, posted notable growth. Imports peaked at 640K units in 2021, and then fell markedly in the following year.

In value terms, imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v fell to $1.9M in 2022. Over the period under review, imports, however, saw notable growth. Imports peaked at $2.2M in 2021, and then reduced in the following year.

Import of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea17.4N/AN/A602225.8%
India63.9N/A34449197.3%
China976N/A1,094428-24.0%
Others627N/A806389-14.7%
Total1,684N/A2,2441,9104.3%

Top Suppliers of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V to Ghana in 2022:

  1. China (204.8K units)
  2. India (200.4K units)
  3. South Korea (81.9K units)

Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ghana

After two years of decline, overseas shipments of lightning arresters, voltage limiters and surge suppressors for over 1000 v decreased by 0% to 36 units in 2022. In general, exports showed a dramatic decline. The smallest decline of 99.9% was in 2020. The exports peaked at 253 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $1.4K in 2022. Overall, exports continue to indicate a resilient increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.

Export of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A1.40%
Cote d'Ivoire1.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1.1N/AN/A1.48.4%

Top Export Markets for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V from Ghana in 2022:

  1. Poland (36.0 units)

Source: IndexBox Market Intelligence Platform

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