Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ghana - 2022

Contents:

1. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ghana (CIF) - 2022
2. Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ghana (FOB) - 2022
3. Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ghana
4. Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ghana

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ghana (CIF) - 2022

The average import price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $9,823 per ton in 2022, with a decrease of -3.4% against the previous year. Over the period under review, the import price saw a slight decrease. The growth pace was the most rapid in 2015 when the average import price increased by 63% against the previous year. As a result, import price attained the peak level of $12,066 per ton. From 2016 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 States ($128,202 per ton), while the price for South Africa ($4,235 per ton) 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 (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ghana (FOB) - 2022

The average export price for copper; tube or pipe fittings (eg couplings, elbows, sleeves)s stood at $67,333 per ton in 2022, with an increase of 70% against the previous year. Over the period under review, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 129% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($126,500 per ton), while the average price for exports to Sweden ($26,000 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 Cote d'Ivoire (+151.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ghana

In 2022, approx. 227 tons of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s were imported into Ghana; increasing by 14% compared with the previous year's figure. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +19.0% 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 decreased by -1.2% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 71%. As a result, imports attained the peak of 230 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s rose markedly to $2.2M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +14.4% 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 +49.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 30%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Top Suppliers of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) to Ghana in 2022:

1. China (186.3 tons)
2. United Kingdom (9.6 tons)
3. United Arab Emirates (6.9 tons)
4. France (6.9 tons)
5. Turkey (3.7 tons)
6. Italy (2.7 tons)
7. Israel (1.4 tons)

Exports of Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) in Ghana

In 2022, shipments abroad of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s decreased by -92.6% to 6 kg, falling for the second consecutive year after two years of growth. In general, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 378%. As a result, the exports attained the peak of 172 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of copper; tube or pipe fittings (eg couplings, elbows, sleeves)s fell significantly to $404 in 2022. Over the period under review, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 992%. As a result, the exports reached the peak of $6.7K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Copper; Tube or Pipe Fittings (Eg Couplings, Elbows, Sleeves) from Ghana in 2022:

1. Belgium (2.0 kg)
2. Burkina Faso (2.0 kg)
3. Sweden (1.0 kg)
4. Benin (1.0 kg)

Source: IndexBox Market Intelligence Platform