Price for Nickel; Tube and Pipe Fittings in Ghana - 2022
Contents:
- Price for Nickel; Tube and Pipe Fittings in Ghana (CIF) - 2022
- Imports of Nickel; Tube and Pipe Fittings in Ghana
Price for Nickel; Tube and Pipe Fittings in Ghana (CIF) - 2022
The average import price for nickel; tube and pipe fittingses stood at $78,731 per ton in 2022, rising by 23% against the previous year. Overall, the import price posted strong growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 68%. The import price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,097,500 per ton), while the price for China ($3,563 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel; Tube and Pipe Fittings in Ghana
After two years of decline, overseas purchases of nickel; tube and pipe fittingses increased by 228% to 875 kg in 2022. In general, imports, however, continue to indicate a abrupt downturn.
In value terms, nickel; tube and pipe fittings imports skyrocketed to $69K in 2022. Over the period under review, imports enjoyed a tangible increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Tube and Pipe Fittings in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 23.2 | 12.4 | 2.5 | 35.1 | 14.8% |
| South Africa | 16.1 | 11.3 | 5.2 | 10.0 | -14.7% |
| Australia | 3.1 | 3.1 | 2.1 | 7.0 | 31.2% |
| United Kingdom | 11.3 | 6.6 | 2.5 | 5.0 | -23.8% |
| South Korea | 1.0 | 1.0 | 0.7 | 2.5 | 35.7% |
| Israel | 1.6 | 1.2 | 0.6 | 1.6 | 0.0% |
| Italy | 0.6 | 0.5 | 0.3 | 0.9 | 14.5% |
| Others | 4.2 | 2.9 | 3.1 | 6.7 | 16.8% |
| Total | 61.0 | 39.0 | 17.0 | 68.9 | 4.1% |
Top Suppliers of Nickel; Tube and Pipe Fittings to Ghana in 2022:
- South Korea (392.0 kg)
- Israel (150.0 kg)
- Australia (101.0 kg)
- Italy (88.0 kg)
- United States (32.0 kg)
- United Kingdom (32.0 kg)
- South Africa (26.0 kg)
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