Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Ghana - 2022
Contents:
- Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Ghana (CIF) - 2022
- Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Ghana (FOB) - 2022
- Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Ghana
- Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Ghana
Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Ghana (CIF) - 2022
In 2022, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $875 per ton, increasing by 4.1% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 32%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 India ($1,621 per ton), while the price for Lebanon ($75 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Ghana (FOB) - 2022
In 2022, the average export price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $1,745 per ton, growing by 125% against the previous year. In general, the export price recorded resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mali ($1,960 per ton), while the average price for exports to Burkina Faso ($660 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 (+1,876.6%), while the prices for the other major destinations experienced a decline.
Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Ghana
In 2022, imports of alloy steel flat-rolled products, of a width 600mm or mores into Ghana was estimated at 22K tons, picking up by 14% against the previous year's figure. Overall, imports, however, saw a noticeable decrease.
In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores surged to $19M in 2022. The total import value increased at an average annual rate of +12.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 23%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Ghana (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1.6 | 8.9 | 9.4 | 14.0 | 106.1% |
| China | 5.5 | 3.0 | 1.1 | 2.3 | -25.2% |
| Belgium | 2.0 | 1.3 | 0.8 | 0.5 | -37.0% |
| South Africa | 0.4 | 0.2 | 0.1 | 0.4 | 0.0% |
| Singapore | 0.2 | 0.3 | 0.2 | 0.2 | 0.0% |
| Lebanon | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Vietnam | N/A | N/A | 3.0 | N/A | 0% |
| Turkey | 0.9 | 0.9 | N/A | N/A | 0.0% |
| Others | 2.9 | 2.2 | 1.6 | 1.8 | -14.7% |
| Total | 13.8 | 17.0 | 16.3 | 19.4 | 12.0% |
Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Ghana in 2022:
- Sweden (13.8K tons)
- China (3.6K tons)
- Lebanon (1.3K tons)
- Belgium (0.7K tons)
- Singapore (0.6K tons)
- South Africa (0.4K tons)
Exports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Ghana
In 2022, the amount of alloy steel flat-rolled products, of a width 600mm or mores exported from Ghana declined significantly to 108 tons, which is down by -58.7% against the previous year. Overall, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year.
In value terms, exports of alloy steel flat-rolled products, of a width 600mm or mores dropped to $188K in 2022. In general, exports continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2020 when exports increased by 0.2% against the previous year. As a result, the exports attained the peak of $218K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mali | N/A | N/A | N/A | 171 | 0% |
| Togo | 48.1 | 45.0 | 97.7 | 9.3 | -42.2% |
| Burkina Faso | 82.0 | 61.0 | 106 | 8.0 | -54.0% |
| Cote d'Ivoire | 83.3 | 112 | N/A | N/A | 34.5% |
| Others | 4.0 | N/A | N/A | N/A | 0% |
| Total | 217 | 218 | 203 | 188 | -4.7% |
Top Export Markets for Alloy Steel Flat-Rolled Products, of A Width 600mm or More from Ghana in 2022:
- Mali (87.3 tons)
- Burkina Faso (12.1 tons)
- Togo (8.5 tons)
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