Ghana - Articles Such As Clasps, Frames With Clasps, Parts Of Base Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Clasp Price in Ghana - 2022
Contents:
- Base Metal Clasp Price in Ghana (CIF) - 2022
- Base Metal Clasp Price in Ghana (FOB) - 2022
- Base Metal Clasp Imports in Ghana
- Base Metal Clasp Exports in Ghana
Base Metal Clasp Price in Ghana (CIF) - 2022
The average base metal clasp import price stood at $3,907 per ton in 2022, shrinking by -19.4% against the previous year. Over the period under review, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 an increase of 30%. The import price peaked at $6,318 per ton in 2015; however, from 2016 to 2022, 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 Spain ($13,963 per ton), while the price for Thailand ($1,870 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Metal Clasp Price in Ghana (FOB) - 2022
The average base metal clasp export price stood at $15,981 per ton in 2022, with a decrease of -14.5% against the previous year. In general, the export price, however, showed a moderate increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 90% against the previous year. As a result, the export price reached the peak level of $20,840 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($66,296 per ton), while the average price for exports to Namibia ($1,909 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 Namibia (+41.6%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Clasp Imports in Ghana
After three years of growth, purchases abroad of articles such as clasps, frames with clasps, parts of base metal decreased by -0.2% to 53 tons in 2022. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 269%.
In value terms, base metal clasp imports fell rapidly to $208K in 2022. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 249%.
| Import of Base Metal Clasp in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.8 | 79.4 | 185 | 113 | 75.8% |
| South Africa | 0.7 | 1.2 | 3.1 | 33.6 | 263.4% |
| Spain | N/A | 10.7 | 5.5 | 16.4 | 23.8% |
| India | 0.9 | 2.1 | 12.4 | 12.8 | 142.3% |
| Thailand | 5.9 | N/A | 12.2 | 5.7 | -1.1% |
| Turkey | 0.2 | 47.2 | N/A | 0.2 | 0.0% |
| South Korea | 9.8 | N/A | N/A | N/A | 0% |
| Others | 6.7 | 16.6 | 40.5 | 26.8 | 58.7% |
| Total | 45.0 | 157 | 259 | 208 | 66.6% |
Top Suppliers of Base Metal Clasp to Ghana in 2022:
- China (39.6 tons)
- South Africa (3.1 tons)
- Thailand (3.0 tons)
- Spain (1.2 tons)
- India (1.0 tons)
Base Metal Clasp Exports in Ghana
Base metal clasp exports from Ghana skyrocketed to 365 kg in 2022, with an increase of 62% compared with 2021. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +19.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 68% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, base metal clasp exports soared to $5.8K in 2022. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 219%. As a result, the exports reached the peak of $7.4K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Base Metal Clasp in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | N/A | N/A | 1.8 | 0% |
| Togo | N/A | N/A | N/A | 1.8 | 0% |
| Cote d'Ivoire | N/A | 0.7 | N/A | 1.4 | 41.4% |
| Canada | N/A | N/A | N/A | 0.6 | 0% |
| South Africa | N/A | N/A | N/A | 0.1 | 0% |
| Kenya | N/A | N/A | 0.3 | N/A | 0% |
| Uganda | 0.2 | N/A | N/A | N/A | 0% |
| Namibia | N/A | N/A | N/A | N/A | 0% |
| United States | N/A | 6.2 | 3.3 | N/A | -46.8% |
| Denmark | 1.0 | N/A | N/A | N/A | 0% |
| Others | 1.1 | 0.5 | 0.6 | 0.2 | -43.3% |
| Total | 2.3 | 7.4 | 4.2 | 5.8 | 36.1% |
Top Export Markets for Base Metal Clasp from Ghana in 2022:
- Cote d'Ivoire (213.0 kg)
- Togo (55.0 kg)
- Canada (37.0 kg)
- India (27.0 kg)
- Namibia (11.0 kg)
- South Africa (10.0 kg)
This report provides an in-depth analysis of the base metal clasp 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 25992570 - Articles such as clasps, frames with clasps..., parts of base metal
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
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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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