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Ghana - Stainless Steel Seamless Pipe For Oil And Gas - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Stainless Steel Seamless Pipe in Ghana - 2022
Contents:
- Price for Stainless Steel Seamless Pipe in Ghana (CIF) - 2022
- Price for Stainless Steel Seamless Pipe in Ghana (FOB) - 2022
- Imports of Stainless Steel Seamless Pipe in Ghana
- Exports of Stainless Steel Seamless Pipe in Ghana
Price for Stainless Steel Seamless Pipe in Ghana (CIF) - 2022
The average stainless steel seamless pipe import price stood at $7,109 per ton in 2022, with an increase of 40% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue 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 the United States ($10,805 per ton), while the price for Italy ($1,234 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+25.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Stainless Steel Seamless Pipe in Ghana (FOB) - 2022
In 2022, the average stainless steel seamless pipe export price amounted to $850 per ton, increasing by 36% against the previous year. Overall, the export price, however, showed a abrupt curtailment. The growth pace was the most rapid in 2016 when the average export price increased by 336% against the previous year. The export price peaked at $5,107 per ton in 2017; however, from 2018 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 -3.3% per year.
Imports of Stainless Steel Seamless Pipe in Ghana
In 2022, imports of stainless steel seamless pipe for oil and gas into Ghana reduced sharply to 189 tons, which is down by -27.5% against the previous year's figure. In general, imports faced a significant decline. The pace of growth was the most pronounced in 2021 when imports increased by 3.1%.
In value terms, stainless steel seamless pipe imports totaled $1.3M in 2022. Overall, imports faced a dramatic decrease.
Import of Stainless Steel Seamless Pipe in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,714 | 843 | 767 | 997 | -16.5% |
India | 1.6 | 15.4 | 18.8 | 107 | 305.9% |
Singapore | 96.8 | 56.1 | 60.0 | 91.8 | -1.8% |
United Kingdom | 31.0 | 12.7 | 28.8 | 38.8 | 7.8% |
China | 405 | 256 | 375 | 24.9 | -60.5% |
Netherlands | 8.2 | 5.1 | 13.6 | 18.3 | 30.7% |
United Arab Emirates | 455 | 117 | 2.5 | 6.4 | -75.9% |
Others | 229 | 57.0 | 64.5 | 63.3 | -34.9% |
Total | 2,940 | 1,362 | 1,331 | 1,347 | -22.9% |
Top Suppliers of Stainless Steel Seamless Pipe to Ghana in 2022:
- United States (92.2 tons)
- India (30.4 tons)
- United Kingdom (19.3 tons)
- China (11.6 tons)
- Singapore (10.6 tons)
- Netherlands (9.7 tons)
- United Arab Emirates (2.5 tons)
Exports of Stainless Steel Seamless Pipe in Ghana
Stainless steel seamless pipe exports from Ghana dropped dramatically to 7.8 tons in 2022, with a decrease of -45.5% on the previous year. Overall, exports faced a sharp curtailment. The growth pace was the most rapid in 2021 when exports increased by 233%.
In value terms, stainless steel seamless pipe exports declined dramatically to $6.7K in 2022. Over the period under review, exports faced a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 109%.
Export of Stainless Steel Seamless Pipe in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cote d'Ivoire | 45.6 | 3.0 | 3.2 | 6.7 | -47.2% |
Burkina Faso | N/A | N/A | 5.8 | N/A | 0% |
Others | 0.2 | 1.3 | N/A | N/A | 550.0% |
Total | 45.7 | 4.3 | 9.0 | 6.7 | -47.3% |
Top Export Markets for Stainless Steel Seamless Pipe from Ghana in 2022:
- Cote d'Ivoire (7.8 tons)
This report provides an in-depth analysis of the market for stainless steel seamless pipe in Ghana. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24201110 - Line pipe, of a kind used for oil or gas pipelines, seamless, of stainless steel
Country coverage:
- Ghana
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ghana
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the market for stainless steel seamless pipe in Ghana.
This report provides an in-depth analysis of the market for line pipe of steel other than stainless steel for oil or gas pipelines in Ghana.
This report provides an in-depth analysis of the market for seamless casing, tubing and drill oil or gas pipe of stainless steel in Ghana.
This report provides an in-depth analysis of the market for seamless casing, tubing and drill oil or gas pipe of non-stainless steel in Ghana.
This report provides an in-depth analysis of the market for iron or steel pipe and tube in Ghana.
This report provides an in-depth analysis of the global market for stainless steel seamless pipe.
This report provides an in-depth analysis of the global market for line pipe of steel other than stainless steel for oil or gas pipelines.
This report provides an in-depth analysis of the global market for seamless casing, tubing and drill oil or gas pipe of stainless steel.
This report provides an in-depth analysis of the global market for seamless casing, tubing and drill oil or gas pipe of non-stainless steel.
This report provides an in-depth analysis of the global market for iron or steel pipe and tube.
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