Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Ghana - 2022
Contents:
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Ghana (CIF) - 2022
- Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Ghana (FOB) - 2022
- Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Ghana
- Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Ghana
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Ghana (CIF) - 2022
In 2022, the average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $2,440 per ton, waning by -43.1% against the previous year. Overall, the import price, however, continues to indicate temperate growth. The growth pace was the most rapid in 2015 an increase of 79% against the previous year. The import price peaked at $5,094 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($6,756 per ton), while the price for Turkey ($1,667 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Ghana (FOB) - 2022
The average export price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s stood at $5,899 per ton in 2022, jumping by 31% against the previous year. Overall, the export price showed a prominent expansion. The most prominent rate of growth was recorded in 2013 an increase of 152%. As a result, the export price attained the peak level of $6,870 per ton. From 2014 to 2022, the average export prices remained at a somewhat 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 +2.9% per year.
Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Ghana
For the third consecutive year, Ghana recorded decline in supplies from abroad of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s, which decreased by -63.7% to 2.4 tons in 2022. Overall, imports saw a sharp descent. The smallest decline of -33.7% was in 2021.
In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s shrank markedly to $5.8K in 2022. In general, imports saw a sharp contraction. The smallest decline of -44.2% was in 2021.
| Import of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 56.5 | 16.2 | 5.3 | 3.7 | -59.7% |
| India | 5.8 | 7.3 | 2.2 | 1.3 | -39.3% |
| Portugal | 29.5 | 11.5 | N/A | 0.6 | -72.7% |
| Austria | 26.6 | N/A | N/A | N/A | 0% |
| Egypt | N/A | N/A | 19.4 | N/A | 0% |
| Others | 17.6 | 15.7 | 1.4 | 0.2 | -77.5% |
| Total | 136 | 50.6 | 28.2 | 5.8 | -65.1% |
Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Ghana in 2022:
- China (2072.0 kg)
- India (193.0 kg)
- Portugal (94.0 kg)
Exports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Ghana
In 2022, shipments abroad of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s decreased by -41.9% to 927 kg, falling for the second year in a row after two years of growth. In general, exports, however, saw perceptible growth. The most prominent rate of growth was recorded in 2020 with an increase of 208%. As a result, the exports reached the peak of 2.5 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s contracted remarkably to $5.5K in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 262% against the previous year. As a result, the exports reached the peak of $8.9K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 0.6 | 1.0 | 5.8 | 5.5 | 109.3% |
| Sierra Leone | 1.0 | N/A | N/A | N/A | 0% |
| Niger | 0.3 | N/A | N/A | N/A | 0% |
| Burkina Faso | N/A | 7.8 | N/A | N/A | 0% |
| Others | 0.5 | N/A | 1.4 | N/A | 67.3% |
| Total | 2.5 | 8.9 | 7.2 | 5.5 | 30.1% |
Top Export Markets for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 from Ghana in 2022:
- Cote d'Ivoire (927.0 kg)
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