Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Ghana - 2023

Contents:

1. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Ghana (CIF) - 2022
2. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Ghana (FOB) - 2022
3. Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Ghana
4. Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Ghana

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Ghana (CIF) - 2022

The average import price for tubes, pipes and hollow profiles, of cast iron stood at $1,513 per ton in 2022, rising by 12% against the previous year. In general, the import price, however, saw a abrupt descent. The growth pace was the most rapid in 2016 an increase of 104% against the previous year. The import price peaked at $4,815 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($2,754 per ton), while the price for Burkina Faso ($607 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.2%), while the prices for the other major suppliers experienced a decline.

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Ghana (FOB) - 2022

In 2022, the average export price for tubes, pipes and hollow profiles, of cast iron amounted to $305 per ton, reducing by -39.7% against the previous year. Over the period under review, the export price showed a deep contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by 498% against the previous year. As a result, the export price attained the peak level of $5,206 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Togo.

From 2012 to 2022, the rate of growth in terms of prices for Niger amounted to +40.7% per year.

Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Ghana

In 2022, the amount of tubes, pipes and hollow profiles, of cast iron imported into Ghana soared to 3.2K tons, jumping by 487% against 2021. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of tubes, pipes and hollow profiles, of cast iron surged to $5M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Ghana in 2022:

1. India (2565.0 tons)
2. China (349.5 tons)
3. Turkey (126.4 tons)
4. Burkina Faso (106.5 tons)
5. United Kingdom (11.0 tons)

Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Ghana

In 2022, the amount of tubes, pipes and hollow profiles, of cast iron exported from Ghana dropped rapidly to 10 tons, falling by -91.6% against the year before. In general, exports showed a precipitous curtailment. The smallest decline of -33.4% was in 2020.

In value terms, exports of tubes, pipes and hollow profiles, of cast iron shrank sharply to $3K in 2022. Over the period under review, exports faced a precipitous shrinkage. The smallest decline of -74.1% was in 2021.

Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Ghana in 2022:

1. Togo (10.0 tons)

Source: IndexBox Market Intelligence Platform