Price for Zinc; Bars, Rods, Profiles and Wire in Ghana - 2022
Contents:
- Price for Zinc; Bars, Rods, Profiles and Wire in Ghana (CIF) - 2022
- Imports of Zinc; Bars, Rods, Profiles and Wire in Ghana
Price for Zinc; Bars, Rods, Profiles and Wire in Ghana (CIF) - 2022
In 2022, the average import price for zinc; bars, rods, profiles and wires amounted to $4,854 per ton, declining by -2.2% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for zinc; bars, rods, profiles and wires decreased by -34.0% against 2018 indices. The pace of growth appeared the most rapid in 2018 an increase of 82%. As a result, import price attained the peak level of $7,354 per ton. From 2019 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 South Korea ($17,175 per ton), while the price for Nigeria ($608 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+16.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Zinc; Bars, Rods, Profiles and Wire in Ghana
In 2022, imports of zinc; bars, rods, profiles and wires into Ghana skyrocketed to 12 tons, growing by 85% against the previous year. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 907%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of zinc; bars, rods, profiles and wires soared to $60K in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 804%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Zinc; Bars, Rods, Profiles and Wire in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.8 | 0.6 | 19.6 | 14.6 | 163.3% |
| Colombia | N/A | N/A | N/A | 10.6 | 0% |
| Netherlands | 0.1 | 0.1 | 1.1 | 8.0 | 330.9% |
| Australia | N/A | N/A | N/A | 7.3 | 0% |
| United Kingdom | 0.1 | 0.1 | 1.1 | 5.5 | 280.3% |
| China | 4.5 | 1.1 | 1.9 | 4.9 | 2.9% |
| South Korea | 1.7 | 0.7 | 3.2 | 2.9 | 19.5% |
| Spain | 0.6 | 0.2 | 0.4 | 1.4 | 32.6% |
| Nigeria | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Others | 2.7 | 0.8 | 5.8 | 4.7 | 20.3% |
| Total | 10.5 | 3.7 | 33.2 | 60.0 | 78.8% |
Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Ghana in 2022:
- India (3.5 tons)
- Australia (2.6 tons)
- China (2.0 tons)
- Colombia (1.5 tons)
- United Kingdom (0.8 tons)
- Spain (0.7 tons)
- Netherlands (0.5 tons)
- Nigeria (0.3 tons)
- South Korea (0.2 tons)
1228
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1445
In value terms, zinc bars, rods, profiles and wire exports amounted to $X in 2016. Overall, zinc bars, rods, profiles and wire exports continue to indicate a deep decrease. Global zinc bars, rods, ...
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