Ghana - Ignition Magnetos, Magneto-Dynamos And Magnetic Flywheels - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIgnition Magneto Price in Ghana - 2022
Contents:
- Ignition Magneto Price in Ghana (CIF) - 2022
- Ignition Magneto Price in Ghana (FOB) - 2022
- Ignition Magneto Imports in Ghana
- Ignition Magneto Exports in Ghana
Ignition Magneto Price in Ghana (CIF) - 2022
The average ignition magneto import price stood at $19 per unit in 2022, reducing by -9% against the previous year. Over the period under review, the import price, however, showed strong growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 90% against the previous year. As a result, import price attained the peak level of $24 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
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 Slovenia ($29 per unit), while the price for Taiwan (Chinese) ($1.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Ignition Magneto Price in Ghana (FOB) - 2022
The average ignition magneto export price stood at $95 per unit in 2022, growing by 48% against the previous year. Overall, the export price showed significant growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 287%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Burkina Faso.
From 2012 to 2022, the rate of growth in terms of prices for Burkina Faso amounted to +31.1% per year.
Ignition Magneto Imports in Ghana
In 2022, after three years of growth, there was significant decline in overseas purchases of ignition magnetos, magneto-dynamos and magnetic flywheels, when their volume decreased by -7.4% to 48K units. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 196% against the previous year. Over the period under review, imports hit record highs at 52K units in 2021, and then contracted in the following year.
In value terms, ignition magneto imports declined remarkably to $901K in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 108%. Over the period under review, imports hit record highs at $1.1M in 2021, and then declined remarkably in the following year.
| Import of Ignition Magneto in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 29.2 | 199 | 373 | 243 | 102.6% |
| China | 27.1 | 127 | 116 | 92.1 | 50.3% |
| Slovenia | 0.7 | 81.1 | 70.9 | 69.3 | 362.6% |
| Lebanon | 13.6 | 12.4 | 15.2 | 16.3 | 6.2% |
| Taiwan (Chinese) | 4.7 | 3.6 | 3.7 | 3.3 | -11.1% |
| United Kingdom | 4.0 | 2.9 | 2.9 | 2.5 | -14.5% |
| Others | 273 | 307 | 488 | 475 | 20.3% |
| Total | 352 | 733 | 1,069 | 901 | 36.8% |
Top Suppliers of Ignition Magneto to Ghana in 2022:
- Germany (19.9K units)
- China (19.0K units)
- Slovenia (2.4K units)
- Taiwan (Chinese) (2.3K units)
- United Kingdom (1.6K units)
- Lebanon (1.5K units)
Ignition Magneto Exports in Ghana
In 2022, approx. 2 units of ignition magnetos, magneto-dynamos and magnetic flywheels were exported from Ghana; falling by -33.3% on the previous year's figure. Over the period under review, exports showed a dramatic curtailment. The smallest decline of -25% was in 2021. The exports peaked at 18 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, ignition magneto exports contracted to $190 in 2022. In general, exports showed a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 2.7%. Over the period under review, the exports attained the peak figure at $346 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Ignition Magneto in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burkina Faso | 346 | 156 | 74.0 | 190 | -18.1% |
| Togo | N/A | 31.0 | 118 | N/A | 280.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 346 | 187 | 192 | 190 | -18.1% |
Top Export Markets for Ignition Magneto from Ghana in 2022:
- Burkina Faso (2.0 units)
This report provides an in-depth analysis of the ignition magneto 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 29312150 - Ignition magnetos, magneto-dynamos and magnetic flywheels
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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