Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Ghana - 2023
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Ghana (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Ghana (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Ghana
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Ghana
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Ghana (CIF) - 2022
The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $10,566 per ton in 2022, with an increase of 191% against the previous year. In general, the import price continues to indicate a buoyant increase. The import price peaked at $11,977 per ton in 2016; however, from 2017 to 2022, 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 the United States ($19,276 per ton), while the price for China ($1,513 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Ghana (FOB) - 2022
The average export price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $15,375 per ton in 2022, reducing by -20.1% against the previous year. In general, the export price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 221%. The export price peaked at $62,496 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($19,000 per ton), while the average price for exports to the Netherlands totaled $13,200 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+14.8%), while the prices for the other major destinations experienced a decline.
Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Ghana
In 2022, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels into Ghana skyrocketed to 432 tons, picking up by 159% against the year before. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels skyrocketed to $4.6M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 53.0 | N/A | 55.5 | 3,791 | 315.1% |
| India | 27.1 | N/A | 4.2 | 237 | 106.0% |
| China | 53.0 | N/A | 193 | 205 | 57.0% |
| United Kingdom | 38.2 | N/A | 33.6 | 49.6 | 9.1% |
| Turkey | 32.9 | N/A | 8.5 | 22.9 | -11.4% |
| South Africa | 144 | N/A | 72.2 | 21.5 | -46.9% |
| United Arab Emirates | 2.9 | N/A | 29.0 | 4.1 | 12.2% |
| Others | 308 | N/A | 210 | 236 | -8.5% |
| Total | 659 | N/A | 606 | 4,568 | 90.7% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Ghana in 2022:
- United States (196.7 tons)
- China (135.7 tons)
- India (66.9 tons)
- Turkey (6.9 tons)
- United Kingdom (4.4 tons)
- South Africa (2.3 tons)
- United Arab Emirates (1.7 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Ghana
Exports of tube or pipe threaded elbows, bends and sleeves of stainless steels from Ghana surged to 8 kg in 2022, picking up by 100% compared with the year before. Over the period under review, exports, however, saw a abrupt contraction.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves of stainless steels surged to $123 in 2022. Overall, exports, however, saw a precipitous slump.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 66.0 | 0% |
| Belgium | N/A | N/A | N/A | 57.0 | 0% |
| Cote d'Ivoire | 497 | N/A | N/A | N/A | 0% |
| Nigeria | 65.0 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | 77.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 562 | N/A | 77.0 | 123 | -39.7% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel from Ghana in 2022:
- Netherlands (5.0 kg)
- Belgium (3.0 kg)
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