Price for Copper Tube or Pipe Fitting in Ghana - 2022
Contents:
- Price for Copper Tube or Pipe Fitting in Ghana (CIF) - 2022
- Imports of Copper Tube or Pipe Fitting in Ghana
Price for Copper Tube or Pipe Fitting in Ghana (CIF) - 2022
The average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $3,769 per ton in 2022, falling by -39.5% against the previous year. Overall, the import price saw a perceptible decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 131% against the previous year. As a result, import price attained the peak level of $13,750 per ton. From 2017 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 the United States ($34,100 per ton), while the price for the United Arab Emirates ($1,741 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Copper Tube or Pipe Fitting in Ghana
In 2022, approx. 41 tons of tube or pipe fittings, couplings, elbows, sleeves of refined copper were imported into Ghana; picking up by 65% on the previous year's figure. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, copper tube or pipe fitting imports declined to $153K in 2022. Overall, imports, however, showed a pronounced setback.
| Import of Copper Tube or Pipe Fitting in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 37.1 | 21.4 | 32.7 | 55.6 | 14.4% |
| United Kingdom | 7.4 | 8.7 | 4.4 | 21.7 | 43.1% |
| France | 4.5 | 10.7 | 13.9 | 12.3 | 39.8% |
| India | 11.6 | 0.1 | 0.3 | 12.0 | 1.1% |
| Turkey | 0.8 | 1.2 | 3.6 | 5.1 | 85.4% |
| Italy | 15.8 | 11.8 | 6.9 | 5.0 | -31.9% |
| Israel | 14.7 | 26.6 | 28.0 | 4.6 | -32.1% |
| United Arab Emirates | 12.8 | 9.8 | 24.6 | 2.7 | -40.5% |
| Others | 63.2 | 75.3 | 39.4 | 34.2 | -18.5% |
| Total | 168 | 166 | 154 | 153 | -3.1% |
Top Suppliers of Copper Tube or Pipe Fitting to Ghana in 2022:
- China (29.9 tons)
- India (2.6 tons)
- United Kingdom (2.1 tons)
- United Arab Emirates (1.6 tons)
- Turkey (1.1 tons)
- France (1.0 tons)
- Italy (0.6 tons)
- Israel (0.4 tons)
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This report provides an in-depth analysis of the market for copper pipe and fitting in Ghana.
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This report provides an in-depth analysis of the global market for copper pipe and fitting.
