Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Ghana - 2023
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Ghana (CIF) - 2022
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Ghana (FOB) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Ghana
- Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Ghana
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Ghana (CIF) - 2022
In 2022, the average import price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels amounted to $5,558 per ton, with an increase of 16% against the previous year. Over the period under review, the import price showed measured growth. The pace of growth was the most pronounced in 2016 an increase of 122% against the previous year. The import price peaked at $7,585 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($30,265 per ton), while the price for Turkey ($1,660 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Ghana (FOB) - 2022
The average export price for tube or pipe threaded elbows, bends and sleeves, other than stainless steels stood at $6,868 per ton in 2022, rising by 4.1% against the previous year. In general, the export price, however, recorded a dramatic descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 185%. The export price peaked at $190,337 per ton in 2012; however, from 2013 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 Sierra Leone ($15,954 per ton), while the average price for exports to Belgium ($2,151 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 Cote d'Ivoire (-6.1%), while the prices for the other major destinations experienced a decline.
Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Ghana
After two years of decline, overseas purchases of tube or pipe threaded elbows, bends and sleeves, other than stainless steels decreased by -2.3% to 259 tons in 2022. Overall, imports saw a abrupt contraction.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels expanded notably to $1.4M in 2022. In general, imports continue to indicate a abrupt setback.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 259 | N/A | 295 | 345 | 10.0% |
| United States | 503 | N/A | 127 | 193 | -27.3% |
| Australia | 58.0 | N/A | 44.4 | 118 | 26.7% |
| France | 15.7 | N/A | 46.5 | 108 | 90.2% |
| Italy | 14.9 | N/A | 15.4 | 106 | 92.3% |
| Belgium | 86.8 | N/A | 154 | 99.3 | 4.6% |
| United Kingdom | 158 | N/A | 64.7 | 89.5 | -17.3% |
| Canada | 42.1 | N/A | 89.3 | 61.9 | 13.7% |
| India | 47.3 | N/A | 30.4 | 45.6 | -1.2% |
| United Arab Emirates | 107 | N/A | 58.7 | 38.2 | -29.1% |
| South Africa | 153 | N/A | 30.2 | 26.9 | -44.0% |
| Turkey | 0.8 | N/A | 7.7 | 8.0 | 115.4% |
| Lebanon | 26.1 | N/A | 0.6 | N/A | -84.8% |
| Others | 361 | N/A | 311 | 200 | -17.9% |
| Total | 1,833 | N/A | 1,274 | 1,440 | -7.7% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel to Ghana in 2022:
- China (151.4 tons)
- India (14.4 tons)
- France (12.3 tons)
- Belgium (11.3 tons)
- United Kingdom (11.3 tons)
- Italy (10.4 tons)
- United States (8.9 tons)
- United Arab Emirates (8.3 tons)
- Canada (8.0 tons)
- Turkey (4.8 tons)
- Australia (3.9 tons)
- South Africa (3.3 tons)
Exports of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Ghana
In 2022, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels from Ghana surged to 1.9 tons, jumping by 66% on 2021. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of tube or pipe threaded elbows, bends and sleeves, other than stainless steels surged to $13K in 2022. In general, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 3.7 | 0% |
| Congo | N/A | N/A | N/A | 3.3 | 0% |
| Burkina Faso | N/A | N/A | N/A | 2.3 | 0% |
| Sierra Leone | N/A | N/A | N/A | 1.7 | 0% |
| Belgium | N/A | N/A | 0.5 | 0.7 | 40.0% |
| Germany | N/A | N/A | N/A | 0.1 | 0% |
| Senegal | 2.3 | N/A | 0.1 | N/A | -79.1% |
| Tanzania | N/A | N/A | 3.8 | N/A | 0% |
| Cote d'Ivoire | 0.2 | N/A | 3.1 | N/A | 293.7% |
| Others | N/A | N/A | N/A | 1.2 | 0% |
| Total | 2.6 | N/A | 7.5 | 12.9 | 70.6% |
Top Export Markets for Tube or Pipe Threaded Elbows, Bends and Sleeves, Other than Stainless Steel from Ghana in 2022:
- Netherlands (711.0 kg)
- Burkina Faso (396.0 kg)
- Congo (316.0 kg)
- Belgium (304.0 kg)
- Sierra Leone (109.0 kg)
- Germany (43.0 kg)
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