Price for Tube or Pipe Flanges of Stainless Steel in Ghana - 2023
Contents:
- Price for Tube or Pipe Flanges of Stainless Steel in Ghana (CIF) - 2022
- Price for Tube or Pipe Flanges of Stainless Steel in Ghana (FOB) - 2022
- Imports of Tube or Pipe Flanges of Stainless Steel in Ghana
- Exports of Tube or Pipe Flanges of Stainless Steel in Ghana
Price for Tube or Pipe Flanges of Stainless Steel in Ghana (CIF) - 2022
The average import price for tube or pipe flanges of stainless steels stood at $5,226 per ton in 2022, approximately mirroring the previous year. Over the period under review, the import price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by 32% against the previous year. As a result, import price reached the peak level of $12,362 per ton. From 2016 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 States ($22,886 per ton), while the price for Colombia ($96 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Flanges of Stainless Steel in Ghana (FOB) - 2022
The average export price for tube or pipe flanges of stainless steels stood at $18,483 per ton in 2022, growing by 253% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 402% against the previous year. The export price peaked at $125,667 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($65,389 per ton), while the average price for exports to Maldives amounted to $8,562 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+142.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tube or Pipe Flanges of Stainless Steel in Ghana
After two years of decline, purchases abroad of tube or pipe flanges of stainless steels decreased by -2.6% to 255 tons in 2022. Over the period under review, imports continue to indicate a noticeable reduction.
In value terms, imports of tube or pipe flanges of stainless steels dropped slightly to $1.3M in 2022. Overall, imports, however, showed a relatively flat trend pattern.
| Import of Tube or Pipe Flanges of Stainless Steel in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 12.7 | N/A | 29.3 | 205 | 152.7% |
| China | 122 | N/A | 275 | 159 | 9.2% |
| Portugal | 6.7 | N/A | 2.2 | 98.4 | 144.9% |
| United States | 34.6 | N/A | 63.0 | 95.8 | 40.4% |
| Belgium | 25.4 | N/A | 40.5 | 95.0 | 55.2% |
| United Kingdom | 142 | N/A | 127 | 84.9 | -15.8% |
| Italy | 119 | N/A | 125 | 72.8 | -15.1% |
| India | 93.6 | N/A | 70.4 | 63.8 | -12.0% |
| South Africa | 201 | N/A | 73.6 | 43.9 | -39.8% |
| Hungary | N/A | N/A | 23.1 | 30.1 | 30.3% |
| Seychelles | 6.6 | N/A | 10.3 | 23.7 | 53.1% |
| United Arab Emirates | 56.8 | N/A | 88.3 | 14.3 | -36.9% |
| Colombia | N/A | N/A | N/A | 2.9 | 0% |
| Others | 480 | N/A | 454 | 341 | -10.8% |
| Total | 1,300 | N/A | 1,382 | 1,331 | 0.8% |
Top Suppliers of Tube or Pipe Flanges of Stainless Steel to Ghana in 2022:
- China (58.4 tons)
- Hungary (30.7 tons)
- Turkey (30.0 tons)
- Colombia (29.7 tons)
- India (25.3 tons)
- Italy (13.6 tons)
- South Africa (10.2 tons)
- Belgium (9.6 tons)
- United Arab Emirates (9.3 tons)
- Seychelles (8.2 tons)
- United Kingdom (5.3 tons)
- Portugal (4.3 tons)
- United States (4.2 tons)
Exports of Tube or Pipe Flanges of Stainless Steel in Ghana
In 2022, exports of tube or pipe flanges of stainless steels from Ghana surged to 1.8 tons, growing by 2,731% against 2021. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tube or pipe flanges of stainless steels soared to $32K in 2022. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tube or Pipe Flanges of Stainless Steel in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 20.0 | 0% |
| Maldives | N/A | N/A | N/A | 12.2 | 0% |
| Guinea | N/A | N/A | 0.1 | N/A | 0% |
| South Africa | N/A | N/A | 0.2 | N/A | 0% |
| Others | 1.9 | N/A | N/A | 0.2 | -52.8% |
| Total | 1.9 | N/A | 0.3 | 32.4 | 157.4% |
Top Export Markets for Tube or Pipe Flanges of Stainless Steel from Ghana in 2022:
- Maldives (1419.0 kg)
- Netherlands (306.0 kg)
- South Africa (8.0 kg)
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