Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ghana - 2022
Contents:
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ghana (CIF) - 2022
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ghana (FOB) - 2022
- Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ghana
- Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ghana
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ghana (CIF) - 2022
In 2022, the average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $2,143 per unit, jumping by 111% against the previous year. Over the period under review, the import price, however, showed a noticeable contraction. Over the period under review, average import prices reached the peak figure at $3,408 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 UK ($56,958 per unit), while the price for India ($365 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+44.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ghana (FOB) - 2022
The average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $3,176 per unit in 2022, declining by -42.5% against the previous year. In general, the export price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 2,285%. Over the period under review, the average export prices attained the maximum at $5,524 per unit in 2021, and then shrank markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($9,824 per unit), while the average price for exports to Togo ($1,872 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Togo (+50.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ghana
In 2022, approx. 466 units of weighing machines; having a maximum weighing capacity exceeding 5000kgs were imported into Ghana; dropping by -11.9% against the previous year's figure. Over the period under review, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 106%. Imports peaked at 624 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs surged to $999K in 2022. Overall, imports faced a deep setback. Imports peaked at $1.7M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 313 | 644 | 240 | 363 | 5.1% |
South Africa | 87.7 | 25.5 | 4.0 | 164 | 23.2% |
Australia | 1.9 | 2.6 | N/A | 105 | 280.9% |
Germany | N/A | N/A | N/A | 65.5 | 0% |
India | 157 | 35.1 | 145 | 36.5 | -38.5% |
France | 50.3 | 17.2 | 41.2 | 24.9 | -20.9% |
Spain | 1,050 | N/A | N/A | N/A | 0% |
Others | 48.0 | 38.4 | 108 | 240 | 71.0% |
Total | 1,708 | 763 | 539 | 999 | -16.4% |
Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Ghana in 2022:
- Australia (180.0 units)
- South Africa (101.0 units)
- India (100.0 units)
- China (51.0 units)
- France (14.0 units)
- Germany (7.0 units)
Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ghana
In 2022, the amount of weighing machines; having a maximum weighing capacity exceeding 5000kgs exported from Ghana surged to 58 units, growing by 2,800% on the previous year. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs skyrocketed to $184K in 2022. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 4,671% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Togo | N/A | N/A | N/A | 89.8 | 0% |
Malaysia | N/A | N/A | N/A | 58.9 | 0% |
Burkina Faso | N/A | N/A | N/A | 35.4 | 0% |
Nigeria | N/A | N/A | N/A | N/A | 0% |
Cote d'Ivoire | 0.1 | 5.6 | 2.2 | N/A | 369.0% |
Others | N/A | N/A | 8.9 | N/A | 0% |
Total | 0.1 | 5.6 | 11.0 | 184 | 1125.4% |
Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Ghana in 2022:
- Togo (48.0 units)
- Malaysia (6.0 units)
- Burkina Faso (4.0 units)
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