Price for Tools, Hand; Other than Household Tools in Ghana - 2023
Contents:
- Price for Tools, Hand; Other than Household Tools in Ghana (CIF) - 2022
- Price for Tools, Hand; Other than Household Tools in Ghana (FOB) - 2022
- Imports of Tools, Hand; Other than Household Tools in Ghana
- Exports of Tools, Hand; Other than Household Tools in Ghana
Price for Tools, Hand; Other than Household Tools in Ghana (CIF) - 2022
In 2022, the average import price for tools, hand; other than household toolses amounted to $1,412 per ton, increasing by 73% against the previous year. In general, the import price, however, continues to indicate a abrupt shrinkage. Over the period under review, average import prices attained the maximum at $8,433 per ton in 2012; however, from 2013 to 2022, import prices stood 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 the United Arab Emirates ($4,415 per ton), while the price for China ($589 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tools, Hand; Other than Household Tools in Ghana (FOB) - 2022
The average export price for tools, hand; other than household toolses stood at $3,853 per ton in 2022, falling by -25.7% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2014 an increase of 133%. The export price peaked at $34,686 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($26,061 per ton), while the average price for exports to France ($1,436 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+37.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tools, Hand; Other than Household Tools in Ghana
In 2022, supplies from abroad of tools, hand; other than household toolses decreased by -77.4% to 1.3K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw significant growth.
In value terms, imports of tools, hand; other than household toolses contracted markedly to $1.8M in 2022. Over the period under review, imports, however, recorded a prominent expansion.
| Import of Tools, Hand; Other than Household Tools in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 178 | N/A | 3,040 | 626 | 52.1% |
| South Africa | 88.5 | N/A | 57.3 | 115 | 9.1% |
| South Korea | 10.3 | N/A | 1.8 | 98.7 | 112.4% |
| Turkey | 3.2 | N/A | 42.2 | 68.4 | 177.5% |
| Others | 1,083 | N/A | 1,501 | 909 | -5.7% |
| Total | 1,364 | N/A | 4,642 | 1,817 | 10.0% |
Top Suppliers of Tools, Hand; Other than Household Tools to Ghana in 2022:
- China (1063.2 tons)
- Turkey (92.6 tons)
- South Korea (30.2 tons)
- South Africa (28.5 tons)
Exports of Tools, Hand; Other than Household Tools in Ghana
In 2022, shipments abroad of tools, hand; other than household toolses decreased by -87% to 2.3 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a deep setback.
In value terms, exports of tools, hand; other than household toolses dropped rapidly to $8.7K in 2022. Overall, exports continue to indicate a abrupt downturn.
| Export of Tools, Hand; Other than Household Tools in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 0.3 | N/A | 3.2 | 3.4 | 124.6% |
| Netherlands | N/A | N/A | 12.2 | 1.6 | -86.9% |
| Czech Republic | N/A | N/A | N/A | 1.3 | 0% |
| South Africa | 0.6 | N/A | 2.9 | 1.2 | 26.0% |
| Belgium | N/A | N/A | 3.9 | 0.6 | -84.6% |
| Germany | N/A | N/A | 0.1 | 0.3 | 200.0% |
| France | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Spain | N/A | N/A | 55.3 | N/A | 0% |
| Burkina Faso | 5.9 | N/A | 0.1 | N/A | -87.0% |
| Senegal | 0.6 | N/A | 1.3 | N/A | 47.2% |
| Sierra Leone | N/A | N/A | 0.9 | N/A | 0% |
| Italy | 6.5 | N/A | N/A | N/A | 0% |
| Others | 3.0 | N/A | 10.6 | 0.1 | -67.8% |
| Total | 16.8 | N/A | 90.5 | 8.7 | -19.7% |
Top Export Markets for Tools, Hand; Other than Household Tools from Ghana in 2022:
- Cote d'Ivoire (1037.0 kg)
- Netherlands (464.0 kg)
- South Africa (329.0 kg)
- France (165.0 kg)
- Germany (124.0 kg)
- Czech Republic (49.0 kg)
- Belgium (47.0 kg)
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