Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Ghana - 2023
Contents:
- Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Ghana (CIF) - 2022
- Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Ghana
Price for Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Ghana (CIF) - 2022
The average import price for non-electric iron or steel central heating radiators other than of cast iron stood at $77 per unit in 2022, with a decrease of -5.4% against the previous year. Overall, the import price, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 14%. Over the period under review, average import prices attained the peak figure at $82 per unit in 2021, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($606 per unit), while the price for South Africa ($2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+33.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Ghana
In 2022, imports of non-electric iron or steel central heating radiators other than of cast iron into Ghana skyrocketed to 3.2K units, increasing by 40% compared with 2021. Overall, imports, however, faced a precipitous decline. Imports peaked at 24K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of non-electric iron or steel central heating radiators other than of cast iron skyrocketed to $243K in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Non-Electric Iron or Steel Central Heating Radiator Other than of Cast Iron in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lebanon | 30.7 | N/A | 39.5 | 67.3 | 29.9% |
| India | 19.8 | N/A | 27.6 | 58.7 | 43.7% |
| United States | 1.8 | N/A | 9.6 | 11.9 | 87.7% |
| United Kingdom | 8.8 | N/A | 4.4 | 8.8 | 0.0% |
| Nigeria | 2.9 | N/A | 32.6 | N/A | 235.3% |
| Others | 63.1 | N/A | 70.1 | 96.4 | 15.2% |
| Total | 127 | N/A | 184 | 243 | 24.1% |
Top Suppliers of Non-Electric Iron or Steel Central Heating Radiators Other than of Cast Iron to Ghana in 2022:
- Lebanon (1390.0 units)
- India (1031.0 units)
- United States (581.0 units)
- United Kingdom (33.0 units)
- Nigeria (1.0 units)
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