Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ghana - 2023
Contents:
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ghana (CIF) - 2022
- Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ghana (FOB) - 2022
- Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ghana
- Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ghana
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ghana (CIF) - 2022
The average import price for tube or pipe butt welding fittings, other than stainless steels stood at $6,742 per ton in 2022, rising by 15% against the previous year. Over the period under review, the import price continues to indicate a modest expansion. The pace of growth appeared the most rapid in 2018 an increase of 35% against the previous year. As a result, import price attained the peak level of $7,999 per ton. From 2019 to 2022, the average import prices remained at a 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 Italy ($19,333 per ton), while the price for China ($1,163 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ghana (FOB) - 2022
In 2022, the average export price for tube or pipe butt welding fittings, other than stainless steels amounted to $1,600 per ton, jumping by 69% against the previous year. Overall, the export price, however, showed a deep downturn. Over the period under review, the average export prices attained the peak figure at $2,902 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to 0.0% per year.
Imports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ghana
Imports of tube or pipe butt welding fittings, other than stainless steels into Ghana skyrocketed to 120 tons in 2022, growing by 139% compared with the previous year's figure. In general, imports recorded strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of tube or pipe butt welding fittings, other than stainless steels surged to $806K in 2022. Overall, imports posted a prominent 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, Other than Stainless Steel in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 27.0 | N/A | 89.1 | 286 | 119.6% |
| Singapore | 71.6 | N/A | 55.5 | 146 | 26.8% |
| France | 44.4 | N/A | 57.4 | 117 | 38.1% |
| United Kingdom | 64.9 | N/A | 5.5 | 54.0 | -5.9% |
| Netherlands | 59.6 | N/A | 12.7 | 44.9 | -9.0% |
| United Arab Emirates | 15.5 | N/A | 2.1 | 39.7 | 36.8% |
| Israel | 31.1 | N/A | 11.8 | 21.7 | -11.3% |
| China | 9.3 | N/A | 10.8 | 21.4 | 32.0% |
| South Africa | 26.3 | N/A | 0.4 | 9.2 | -29.5% |
| Greece | 5.9 | N/A | 7.0 | 6.2 | 1.7% |
| Turkey | 13.7 | N/A | 0.7 | 4.8 | -29.5% |
| India | 11.8 | N/A | 6.4 | 2.5 | -40.4% |
| Belgium | 51.4 | N/A | 0.8 | 0.8 | -75.0% |
| Others | 37.1 | N/A | 32.7 | 52.3 | 12.1% |
| Total | 470 | N/A | 293 | 806 | 19.7% |
Top Suppliers of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel to Ghana in 2022:
- United Arab Emirates (26.3 tons)
- China (18.4 tons)
- Italy (14.8 tons)
- Israel (13.5 tons)
- France (10.6 tons)
- Singapore (8.0 tons)
- United Kingdom (6.0 tons)
- Netherlands (5.6 tons)
- Turkey (3.1 tons)
- Greece (2.2 tons)
- South Africa (1.9 tons)
- India (1.6 tons)
- Belgium (0.2 tons)
Exports of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ghana
In 2022, approx. 5 kg of tube or pipe butt welding fittings, other than stainless steels were exported from Ghana; reducing by -98.8% on the year before. Overall, exports showed a dramatic shrinkage.
In value terms, exports of tube or pipe butt welding fittings, other than stainless steels plummeted to $8 in 2022. Over the period under review, exports showed a precipitous decrease.
| Export of Tube or Pipe Butt Welding Fittings, Other than Stainless Steel in Ghana (USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| United States | N/A | 8.0 | 0% |
| United Arab Emirates | 378 | N/A | 0% |
| Others | N/A | N/A | 0% |
| Total | 378 | 8.0 | -97.9% |
Top Export Markets for Tube or Pipe Butt Welding Fittings, Other than Stainless Steel from Ghana in 2022:
- United States (5.0 kg)
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