Ghana - Fire Extinguishers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFire Extinguisher Price in Ghana - 2022
Contents:
- Fire Extinguisher Price in Ghana (CIF) - 2022
- Fire Extinguisher Price in Ghana (FOB) - 2022
- Fire Extinguisher Imports in Ghana
- Fire Extinguisher Exports in Ghana
Fire Extinguisher Price in Ghana (CIF) - 2022
In 2022, the average fire extinguisher import price amounted to $15 per unit, reducing by -32.9% against the previous year. In general, the import price faced a deep contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 84%. Over the period under review, average import prices hit record highs at $44 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($333 per unit), while the price for South Africa ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Fire Extinguisher Price in Ghana (FOB) - 2022
In 2022, the average fire extinguisher export price amounted to $45 per unit, picking up by 381% against the previous year. Overall, the export price enjoyed a temperate increase. The pace of growth was the most pronounced in 2013 an increase of 1,289% against the previous year. As a result, the export price reached the peak level of $503 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.
From 2012 to 2022, the rate of growth in terms of prices for Mali amounted to +2.4% per year.
Fire Extinguisher Imports in Ghana
Fire extinguisher imports into Ghana skyrocketed to 265K units in 2022, with an increase of 33% compared with the previous year. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +12.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 61% against the previous year. As a result, imports reached the peak of 304K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, fire extinguisher imports dropped to $4.1M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 45%. Imports peaked at $4.6M in 2021, and then declined in the following year.
Import of Fire Extinguisher in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,681 | 1,575 | 2,137 | 1,957 | 5.2% |
United Kingdom | 95.5 | 1,238 | 1,497 | 1,370 | 143.0% |
United Arab Emirates | 276 | 28.1 | 281 | 257 | -2.3% |
South Africa | 88.3 | 293 | 31.4 | 123 | 11.7% |
Others | 476 | 667 | 623 | 371 | -8.0% |
Total | 2,616 | 3,800 | 4,570 | 4,079 | 16.0% |
Top Suppliers of Fire Extinguisher to Ghana in 2022:
- China (139.9K units)
- South Africa (110.8K units)
- United Arab Emirates (4.3K units)
- United Kingdom (4.1K units)
Fire Extinguisher Exports in Ghana
After two years of decline, overseas shipments of fire extinguishers increased by 1,552% to 512 units in 2022. In general, exports, however, saw a dramatic downturn. The exports peaked at 5.3K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, fire extinguisher exports soared to $23K in 2022. Over the period under review, exports, however, continue to indicate a precipitous setback. The exports peaked at $122K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Fire Extinguisher in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cote d'Ivoire | 29.4 | 20.0 | 0.3 | 22.9 | -8.0% |
Greece | 44.5 | N/A | N/A | N/A | 0% |
Others | 47.8 | 6.1 | N/A | N/A | -87.2% |
Total | 122 | 26.1 | 0.3 | 22.9 | -42.7% |
Top Export Markets for Fire Extinguisher from Ghana in 2022:
- Cote d'Ivoire (512.0 units)
This report provides an in-depth analysis of the fire extinguisher market in Ghana. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28292210 - Fire extinguishers
Country coverage:
- Ghana
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ghana
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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