Ghana - Safety Or Relief Valves For Pipes, Boiler Shells, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSafety Valve Price in Ghana - 2022
Contents:
- Safety Valve Price in Ghana (CIF) - 2022
- Safety Valve Price in Ghana (FOB) - 2022
- Safety Valve Imports in Ghana
- Safety Valve Exports in Ghana
Safety Valve Price in Ghana (CIF) - 2022
The average safety valve import price stood at $31,976 per ton in 2022, reducing by -30.3% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 135%. As a result, import price reached the peak level of $56,460 per ton. From 2016 to 2022, the average 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 the United States ($120,900 per ton), while the price for Cameroon ($3,394 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Safety Valve Price in Ghana (FOB) - 2022
In 2022, the average safety valve export price amounted to $34,960 per ton, surging by 5.8% against the previous year. Overall, the export price, however, saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2020 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices attained the maximum at $55,565 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($77,512 per ton), while the average price for exports to Nigeria ($2,000 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 the United States (+7.8%), while the prices for the other major destinations experienced a decline.
Safety Valve Imports in Ghana
In 2022, purchases abroad of safety or relief valves for pipes, boiler shells, tanks and vats was finally on the rise to reach 90 tons after two years of decline. Over the period under review, imports, however, faced a significant contraction.
In value terms, safety valve imports soared to $2.9M in 2022. Overall, imports, however, continue to indicate a abrupt decrease.
| Import of Safety Valve in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,235 | 2,373 | 69.2 | 1,042 | -22.5% |
| China | 289 | 120 | 179 | 339 | 5.5% |
| Turkey | 220 | 5.2 | 154 | 170 | -8.2% |
| United Kingdom | 183 | 99.8 | 496 | 120 | -13.1% |
| Indonesia | 8.8 | 16.5 | 32.5 | 95.9 | 121.7% |
| South Africa | 103 | 117 | 72.3 | 78.5 | -8.7% |
| Japan | 0.4 | 20.5 | 2.2 | 71.5 | 463.3% |
| United Arab Emirates | 65.1 | 3.9 | 29.7 | 53.5 | -6.3% |
| Ireland | 30.6 | 34.6 | 40.8 | 40.4 | 9.7% |
| Austria | 6.0 | 8.8 | 12.4 | 40.3 | 88.7% |
| Spain | 69.9 | 6.0 | 33.7 | 29.9 | -24.7% |
| Cameroon | 10.4 | 11.4 | 13.0 | 12.4 | 6.0% |
| Cote d'Ivoire | 6.2 | 0.1 | 9.7 | 7.7 | 7.5% |
| Others | 643 | 723 | 1,051 | 767 | 6.1% |
| Total | 3,870 | 3,539 | 2,195 | 2,867 | -9.5% |
Top Suppliers of Safety Valve to Ghana in 2022:
- China (19.7 tons)
- Turkey (11.7 tons)
- United States (8.6 tons)
- Indonesia (5.3 tons)
- Cameroon (3.7 tons)
- Austria (3.6 tons)
- South Africa (2.2 tons)
- Ireland (2.2 tons)
- Spain (1.7 tons)
- United Kingdom (1.5 tons)
- Japan (1.4 tons)
- Cote d'Ivoire (1.2 tons)
- United Arab Emirates (0.7 tons)
Safety Valve Exports in Ghana
In 2022, safety valve exports from Ghana soared to 1.2 tons, picking up by 212% compared with the previous year. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 763%. As a result, the exports attained the peak of 2 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, safety valve exports skyrocketed to $43K in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,128% against the previous year. As a result, the exports attained the peak of $72K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Safety Valve in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 4.9 | 54.7 | 11.4 | 37.3 | 96.7% |
| United States | 0.5 | 5.0 | 1.0 | 3.2 | 85.7% |
| Angola | 0.1 | 1.3 | 0.3 | 1.0 | 115.4% |
| Cote d'Ivoire | N/A | 1.0 | 0.1 | 0.4 | -36.8% |
| Belgium | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Norway | N/A | 7.4 | N/A | N/A | 0% |
| Others | 0.3 | 2.8 | 0.1 | 0.7 | 32.6% |
| Total | 5.9 | 72.3 | 12.9 | 42.6 | 93.3% |
Top Export Markets for Safety Valve from Ghana in 2022:
- United Kingdom (923.0 kg)
- Angola (186.0 kg)
- Cote d'Ivoire (49.0 kg)
- United States (41.0 kg)
- Belgium (14.0 kg)
This report provides an in-depth analysis of the safety valve market in Ghana. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28141180 - Safety or relief valves for pipes, boiler shells, tanks, vats and the like
Country coverage:
- Ghana
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ghana
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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