Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Ghana - 2022

Contents:

  1. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Ghana (CIF) - 2022
  2. Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Ghana (FOB) - 2022
  3. Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Ghana
  4. Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Ghana

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Ghana (CIF) - 2022

The average import price for tubing; flexible, with or without fittings, of base metals stood at $7,271 per ton in 2022, surging by 8.9% against the previous year. Over the period under review, the import price, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2014 an increase of 41% against the previous year. As a result, import price reached the peak level of $14,120 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($18,918 per ton), while the price for China ($3,233 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+2.1%), while the prices for the other major suppliers experienced a decline.

Price for Tubing; Flexible, with or Without Fittings, of Base Metal in Ghana (FOB) - 2022

In 2022, the average export price for tubing; flexible, with or without fittings, of base metals amounted to $6,343 per ton, declining by -34.1% against the previous year. In general, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 279%. As a result, the export price attained the peak level of $17,020 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($46,542 per ton), while the average price for exports to Cote d'Ivoire ($1,120 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubing; Flexible, with or Without Fittings, of Base Metal in Ghana

In 2022, after three years of growth, there was significant decline in overseas purchases of tubing; flexible, with or without fittings, of base metals, when their volume decreased by -86.2% to 154 tons. Overall, imports faced a deep setback. The growth pace was the most rapid in 2021 with an increase of 263% against the previous year. As a result, imports attained the peak of 1.1K tons, and then declined markedly in the following year.

In value terms, imports of tubing; flexible, with or without fittings, of base metals contracted remarkably to $1.1M in 2022. Over the period under review, imports saw a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 199%. As a result, imports attained the peak of $7.5M, and then reduced sharply in the following year.

Import of Tubing; Flexible, with or Without Fittings, of Base Metal in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark1531744,57476170.7%
China0.632.3932165550.3%
Netherlands7.26.31,05885.7128.3%
United States1,9802,25016418.7-78.9%
Spain0.62.010414.9191.8%
Turkey2.13.445.113.686.4%
Others16.729.658264.857.1%
Total2,1602,4987,4591,123-19.6%

Top Suppliers of Tubing; Flexible, with or Without Fittings, of Base Metal to Ghana in 2022:

  1. Denmark (87.7 tons)
  2. China (50.9 tons)
  3. Netherlands (4.5 tons)
  4. Turkey (2.6 tons)
  5. Spain (2.4 tons)
  6. United States (1.4 tons)

Exports of Tubing; Flexible, with or Without Fittings, of Base Metal in Ghana

In 2022, overseas shipments of tubing; flexible, with or without fittings, of base metals were finally on the rise to reach 1.6 tons after two years of decline. Over the period under review, exports, however, recorded a dramatic curtailment.

In value terms, exports of tubing; flexible, with or without fittings, of base metals skyrocketed to $9.9K in 2022. Overall, exports, however, continue to indicate a abrupt downturn.

Export of Tubing; Flexible, with or Without Fittings, of Base Metal in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2.42.00.65.531.8%
France3.82.00.41.6-25.0%
BelgiumN/A0.1N/A1.1231.7%
Burkina Faso0.50.40.11.130.1%
Cote d'Ivoire0.1N/AN/A0.344.2%
United Arab Emirates8.2N/AN/AN/A0%
Others0.50.6N/A0.3-15.7%
Total15.55.11.29.9-13.9%

Top Export Markets for Tubing; Flexible, with or Without Fittings, of Base Metal from Ghana in 2022:

  1. United Kingdom (1102.0 kg)
  2. Cote d'Ivoire (234.0 kg)
  3. Burkina Faso (106.0 kg)
  4. France (93.0 kg)
  5. Belgium (24.0 kg)

Source: IndexBox Market Intelligence Platform

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