Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ghana - 2023

Contents:

  1. Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ghana (CIF) - 2022
  2. Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ghana (FOB) - 2022
  3. Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ghana
  4. Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ghana

Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ghana (CIF) - 2022

The average import price for non-electric iron or steel central heating radiators of cast iron stood at $70 per unit in 2022, picking up by 144% against the previous year. Overall, the import price saw a significant increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 846%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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 France ($50 per unit), while the price for the Netherlands ($0.1 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by France (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ghana (FOB) - 2022

In 2022, the average export price for non-electric iron or steel central heating radiators of cast iron amounted to $1.6 per unit, dropping by -42.9% against the previous year. Over the period under review, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 82% against the previous year. The export price peaked at $4.6 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to +12.0% per year.

Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ghana

Imports of non-electric iron or steel central heating radiators of cast iron into Ghana skyrocketed to 22K units in 2022, growing by 408% against the previous year. In general, imports continue to indicate 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 non-electric iron or steel central heating radiators of cast iron surged to $1.5M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France6.9N/A57.3753377.9%
China5.8N/A8.08.312.7%
Germany0.3N/A0.51.154.2%
South KoreaN/AN/A0.10.7600.0%
NetherlandsN/AN/AN/A0.20%
India8.2N/A24.60.2-71.0%
Others6.9N/A33.2773382.1%
Total28.2N/A1241,536279.1%

Top Suppliers of Non-Electric Iron or Steel Central Heating Radiators of Cast Iron to Ghana in 2022:

  1. France (15.1K units)
  2. China (2.8K units)
  3. Netherlands (2.2K units)
  4. South Korea (1.1K units)
  5. India (0.5K units)
  6. Germany (0.3K units)

Exports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ghana

In 2022, the amount of non-electric iron or steel central heating radiators of cast iron exported from Ghana fell dramatically to 809 units, waning by -97.4% against the year before. Overall, exports faced a precipitous shrinkage. The exports peaked at 31K units in 2021, and then declined markedly in the following year.

In value terms, exports of non-electric iron or steel central heating radiators of cast iron reduced markedly to $1.3K in 2022. In general, exports showed a significant curtailment. Over the period under review, the exports of hit record highs at $83K in 2021, and then contracted sharply in the following year.

Export of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Ghana (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Cote d'Ivoire41.61.2-97.1%
Others41.7N/A0%
Total83.41.3-98.4%

Top Export Markets for Non-Electric Iron or Steel Central Heating Radiators of Cast Iron from Ghana in 2022:

  1. Cote d'Ivoire (808.0 units)

Source: IndexBox Market Intelligence Platform

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