Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Ghana - 2023
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Ghana (CIF) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Ghana
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Ghana (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings of stainless steels amounted to $15,881 per ton, leveling off at the previous year. Over the period under review, the import price saw strong growth. The pace of growth appeared the most rapid in 2018 an increase of 26% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($220,168 per ton), while the price for Spain ($1,063 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Ghana
In 2022, imports of tube or pipe butt welding fittings of stainless steels into Ghana soared to 17 tons, picking up by 33% against the year before. Over the period under review, imports, however, faced a dramatic contraction.
In value terms, imports of tube or pipe butt welding fittings of stainless steels surged to $271K in 2022. In general, imports continue to indicate a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.6 | N/A | 0.4 | 101 | 238.7% |
| United Kingdom | 46.7 | N/A | 93.5 | 48.6 | 1.3% |
| Mozambique | N/A | N/A | N/A | 42.5 | 0% |
| China | 4.9 | N/A | 4.3 | 24.3 | 70.5% |
| Turkey | 4.6 | N/A | 13.8 | 10.2 | 30.4% |
| Singapore | 46.9 | N/A | 10.4 | 6.9 | -47.2% |
| India | 2.0 | N/A | 1.2 | 5.7 | 41.8% |
| Italy | N/A | N/A | 32.1 | 3.5 | -89.1% |
| South Korea | 14.0 | N/A | 1.3 | 2.6 | -42.9% |
| France | 2.2 | N/A | 1.7 | 2.3 | 1.5% |
| United Arab Emirates | 1.2 | N/A | 2.3 | 2.0 | 18.6% |
| Spain | 1.4 | N/A | 0.2 | 0.6 | -24.6% |
| South Africa | 19.1 | N/A | 0.1 | 0.4 | -72.4% |
| Others | 46.9 | N/A | 40.4 | 20.7 | -23.9% |
| Total | 193 | N/A | 202 | 271 | 12.0% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Ghana in 2022:
- Mozambique (5.4 tons)
- China (2.9 tons)
- United Kingdom (2.1 tons)
- Turkey (1.1 tons)
- United Arab Emirates (0.7 tons)
- Singapore (0.6 tons)
- India (0.6 tons)
- France (0.6 tons)
- United States (0.5 tons)
- Italy (0.5 tons)
- Spain (0.5 tons)
- South Korea (0.4 tons)
- South Africa (0.1 tons)
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