Ghana - Furnace Burners For Liquid Fuel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Liquid Fuel Furnace Burner in Ghana - 2022
Contents:
- Price for Liquid Fuel Furnace Burner in Ghana (CIF) - 2022
- Price for Liquid Fuel Furnace Burner in Ghana (FOB) - 2022
- Imports of Liquid Fuel Furnace Burner in Ghana
- Exports of Liquid Fuel Furnace Burner in Ghana
Price for Liquid Fuel Furnace Burner in Ghana (CIF) - 2022
The average liquid fuel furnace burner import price stood at $149 per unit in 2022, falling by -11.1% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 60% against the previous year. As a result, import price attained the peak level of $302 per unit. 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 the United Arab Emirates ($700 per unit), while the price for South Korea ($5.5 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 (+48.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Liquid Fuel Furnace Burner in Ghana (FOB) - 2022
In 2021, the average liquid fuel furnace burner export price amounted to $21 per unit, rising by 24% against the previous year. Overall, the export price enjoyed a remarkable increase. The export price peaked at $27 per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Tanzania.
From 2013 to 2021, the rate of growth in terms of prices for Cote d'Ivoire amounted to -35.2% per year.
Imports of Liquid Fuel Furnace Burner in Ghana
In 2022, liquid fuel furnace burner imports into Ghana surged to 1.6K units, growing by 29% against 2021 figures. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.3% 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 +61.3% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 53%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, liquid fuel furnace burner imports amounted to $238K in 2022. The total import value increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 49%. As a result, imports reached the peak of $268K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Liquid Fuel Furnace Burner in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 7.9 | 20.8 | 70.0 | 52.9 | 88.5% |
| Germany | 15.2 | 14.2 | 11.8 | 35.8 | 33.0% |
| China | 2.5 | 7.1 | 6.6 | 30.5 | 130.2% |
| France | 10.8 | 43.7 | 24.4 | 18.4 | 19.4% |
| India | 16.5 | 39.7 | 17.0 | 14.6 | -4.0% |
| United Arab Emirates | 31.7 | 3.4 | 13.2 | 10.0 | -31.9% |
| Italy | 0.9 | 16.9 | 13.3 | 9.9 | 122.4% |
| Belgium | 8.9 | 6.4 | 2.9 | 1.7 | -42.4% |
| United States | 7.0 | 5.3 | 2.5 | 1.6 | -38.9% |
| United Kingdom | 7.0 | 5.4 | 2.6 | 1.5 | -40.2% |
| Turkey | 1.6 | 6.4 | 1.6 | 1.4 | -4.4% |
| Others | 70.4 | 99.1 | 40.9 | 59.2 | -5.6% |
| Total | 180 | 268 | 207 | 238 | 9.8% |
Top Suppliers of Liquid Fuel Furnace Burner to Ghana in 2022:
- China (586.0 units)
- South Africa (365.0 units)
- India (152.0 units)
- Germany (110.0 units)
- Belgium (73.0 units)
- Italy (38.0 units)
- Turkey (24.0 units)
- France (22.0 units)
- United Arab Emirates (14.0 units)
- United Kingdom (13.0 units)
- United States (7.0 units)
Exports of Liquid Fuel Furnace Burner in Ghana
In 2021, after two years of growth, there was significant decline in shipments abroad of furnace burners for liquid fuel, when their volume decreased by -42.4% to 34 units. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 638%. As a result, the exports attained the peak of 59 units, and then reduced dramatically in the following year.
In value terms, liquid fuel furnace burner exports shrank notably to $726 in 2021. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 378% against the previous year. As a result, the exports reached the peak of $1K, and then reduced sharply in the following year.
| Export of Liquid Fuel Furnace Burner in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Tanzania | N/A | N/A | 726 | 0% | |
| Cote d'Ivoire | 213 | 1,018 | N/A | 377.9% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 213 | 1,018 | 726 | 84.6% | |
Top Export Markets for Liquid Fuel Furnace Burner from Ghana in 2022:
- Tanzania (34.0 units)
This report provides an in-depth analysis of the market for liquid fuel furnace burner 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 28211130 - Furnace burners for liquid fuel
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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In 2016, approx. X tons of furnace burner were imported worldwide- coming down by -X% against the previous year level. In general, furnace burner imports continue to indicate a relatively flat ...
804
In 2016, approx. X tons of furnace burner were imported worldwide- coming down by -X% against the previous year level. In general, furnace burner imports continue to indicate a relatively flat ...
690
In 2016, approx. X tons of furnace burner were imported worldwide- coming down by -X% against the previous year level. In general, furnace burner imports continue to indicate a relatively flat ...
804
In 2016, approx. X tons of furnace burner were imported worldwide- coming down by -X% against the previous year level. In general, furnace burner imports continue to indicate a relatively flat ...
