Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ghana - 2022
Contents:
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ghana (CIF) - 2022
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ghana (FOB) - 2022
- Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ghana
- Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ghana
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ghana (CIF) - 2022
In 2022, the average import price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $6,041 per ton, surging by 15% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 139% against the previous year. As a result, import price attained the peak level of $10,184 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
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 South Africa ($182,500 per ton), while the price for South Korea ($1,406 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+30.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ghana (FOB) - 2022
In 2022, the average export price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $16,934 per ton, increasing by 3.5% against the previous year. In general, the export price saw a prominent increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 172% against the previous year. As a result, the export price reached the peak level of $35,809 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Burkina Faso ($17,100 per ton), while the average price for exports to Cote d'Ivoire amounted to $2,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+7.6%).
Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ghana
After three years of growth, supplies from abroad of press-fasteners, snap-fasteners, press-studs and parts therefor decreased by -23.4% to 7.8 tons in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +12.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 55% against the previous year.
In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor fell to $47K in 2022. In general, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 32%.
| Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.5 | 24.0 | 33.5 | 26.0 | 45.2% |
| Hong Kong SAR | 22.4 | 8.4 | 10.7 | 11.8 | -19.2% |
| Canada | 12.6 | 4.5 | 5.3 | 5.5 | -24.1% |
| France | 1.1 | 0.4 | 0.5 | 0.5 | -23.1% |
| South Korea | 0.8 | 0.3 | 0.4 | 0.4 | -20.6% |
| Others | 10.7 | 3.2 | 3.4 | 3.2 | -33.1% |
| Total | 56.1 | 40.8 | 53.8 | 47.3 | -5.5% |
Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Ghana in 2022:
- China (6.8 tons)
- Canada (0.3 tons)
- France (0.3 tons)
- South Korea (0.3 tons)
- Hong Kong SAR (0.1 tons)
Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ghana
In 2022, approx. 91 kg of press-fasteners, snap-fasteners, press-studs and parts therefor were exported from Ghana; which is down by -43.1% on the previous year's figure. In general, exports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 208% against the previous year.
In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor contracted dramatically to $1.5K in 2022. Over the period under review, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 466% against the previous year.
| Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burkina Faso | 6.1 | 0.4 | 2.6 | 1.5 | -37.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.2 | 0.5 | 2.6 | 1.5 | -37.7% |
Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from Ghana in 2022:
- Burkina Faso (90.0 kg)
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