Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ghana - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ghana (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ghana (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ghana
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ghana
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ghana (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $188 per unit, growing by 2.2% against the previous year. In general, the import price, however, continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 43% against the previous year. The import price peaked at $442 per unit in 2016; however, from 2017 to 2022, 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 India ($800 per unit), while the price for China ($72 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.9%), while the prices for the other major suppliers experienced a decline.
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ghana (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $65 per unit, reducing by -37.4% against the previous year. In general, the export price saw a abrupt decrease. The pace of growth appeared the most rapid in 2016 an increase of 142%. Over the period under review, the average export prices attained the maximum at $257 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($77 per unit), while the average price for exports to Benin stood at $49 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+2,663.6%), while the prices for the other major destinations experienced a decline.
Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ghana
For the fourth consecutive year, Ghana recorded growth in supplies from abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion), which increased by 16% to 3.4K units in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 126% against the previous year. Over the period under review, imports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) surged to $639K in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 98%. Over the period under review, imports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 57.0 | 60.6 | 54.3 | 266 | 67.1% |
| China | 7.8 | 148 | 157 | 126 | 152.8% |
| India | 0.3 | 4.7 | 1.4 | 44.0 | 427.4% |
| Israel | 12.2 | 17.7 | 20.7 | 24.2 | 25.6% |
| South Africa | 15.7 | 10.5 | 32.6 | 22.1 | 12.1% |
| United Arab Emirates | 13.0 | 18.3 | 20.4 | 20.0 | 15.4% |
| United Kingdom | 16.8 | 35.9 | 22.9 | 19.0 | 4.2% |
| Germany | 50.6 | 19.3 | 24.3 | 15.5 | -32.6% |
| Australia | 11.6 | 110 | 15.6 | 10.8 | -2.4% |
| Belgium | 1.4 | 39.4 | 108 | 9.7 | 90.6% |
| Denmark | 22.1 | 0.1 | 0.1 | 0.1 | -83.5% |
| Others | 57.9 | 61.4 | 83.7 | 81.2 | 11.9% |
| Total | 266 | 526 | 541 | 639 | 33.9% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Ghana in 2022:
- China (1741.0 units)
- United States (982.0 units)
- South Africa (138.0 units)
- Israel (71.0 units)
- United Arab Emirates (59.0 units)
- United Kingdom (56.0 units)
- India (55.0 units)
- Germany (46.0 units)
- Belgium (29.0 units)
- Australia (16.0 units)
- Denmark (1.0 units)
Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ghana
In 2022, the amount of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) exported from Ghana fell markedly to 16 units, reducing by -44.8% on 2021 figures. In general, exports saw a sharp curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 21%. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) attained the maximum at 34 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) contracted sharply to $1K in 2022. Overall, exports continue to indicate a dramatic contraction. The smallest decline of -12% was in 2020. The exports peaked at $3.9K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 875 | 658 | 2,283 | 689 | -7.7% |
| Benin | 117 | 134 | 708 | 344 | 43.3% |
| Belgium | N/A | 2,670 | N/A | N/A | 0% |
| Sierra Leone | 812 | N/A | N/A | N/A | 0% |
| Denmark | 58.0 | N/A | N/A | N/A | 0% |
| Others | 2,071 | N/A | N/A | N/A | 0% |
| Total | 3,933 | 3,462 | 2,991 | 1,033 | -36.0% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Ghana in 2022:
- Cote d'Ivoire (9.0 units)
- Benin (7.0 units)
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