Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ghana - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ghana (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ghana (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ghana
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ghana
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ghana (CIF) - 2022
The average import price for tools; for working in the hand, pneumatic, other than rotary type stood at $35 per unit in 2022, which is down by -14.1% against the previous year. Over the period under review, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2016 an increase of 27%. As a result, import price reached the peak level of $215 per unit. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($239 per unit), while the price for China ($9.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ghana (FOB) - 2022
The average export price for tools; for working in the hand, pneumatic, other than rotary type stood at $257 per unit in 2022, falling by -24.6% against the previous year. In general, the export price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 601% against the previous year. As a result, the export price attained the peak level of $880 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($312 per unit), while the average price for exports to Cote d'Ivoire amounted to $229 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+21.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ghana
Imports of tools; for working in the hand, pneumatic, other than rotary type into Ghana shrank to 13K units in 2022, declining by -6.8% on 2021. Overall, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 290%. As a result, imports attained the peak of 14K units, and then contracted in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type dropped rapidly to $462K in 2022. In general, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 96% against the previous year. Over the period under review, imports of tools; for working in hand, pneumatic, other than rotary type hit record highs at $777K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 55.5 | 66.3 | 215 | 111 | 26.0% |
| United Kingdom | 56.2 | 17.0 | 79.4 | 58.2 | 1.2% |
| South Africa | 57.7 | 10.3 | 5.9 | 38.3 | -12.8% |
| United States | 105 | 65.5 | 83.7 | 20.2 | -42.3% |
| United Arab Emirates | 195 | 25.0 | 19.8 | 13.1 | -59.3% |
| Others | 307 | 110 | 175 | 222 | -10.2% |
| Total | 777 | 294 | 578 | 462 | -15.9% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Ghana in 2022:
- China (11.3K units)
- United Kingdom (0.5K units)
- South Africa (0.3K units)
- United States (0.1K units)
- United Arab Emirates (0.1K units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ghana
In 2022, overseas shipments of tools; for working in the hand, pneumatic, other than rotary type were finally on the rise to reach 12 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a significant decrease. The exports peaked at 28 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type amounted to $3.1K in 2022. In general, exports, however, saw a abrupt descent. Over the period under review, the exports of tools; for working in hand, pneumatic, other than rotary type attained the maximum at $5.7K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 1.2 | 1.6 | 0.3 | 1.8 | 14.5% |
| South Africa | 3.9 | 3.1 | 0.2 | 1.2 | -32.5% |
| Indonesia | N/A | N/A | 2.6 | N/A | 0% |
| Italy | 0.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.7 | 4.6 | 3.1 | 3.1 | -18.4% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Ghana in 2022:
- Cote d'Ivoire (8.0 units)
- South Africa (4.0 units)
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