Ghana - Base Metal Padlocks - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Padlock Price in Ghana - 2022
Contents:
- Base Metal Padlock Price in Ghana (CIF) - 2022
- Base Metal Padlock Price in Ghana (FOB) - 2022
- Base Metal Padlock Imports in Ghana
- Base Metal Padlock Exports in Ghana
Base Metal Padlock Price in Ghana (CIF) - 2022
In 2022, the average base metal padlock import price amounted to $4,011 per ton, waning by -4.9% against the previous year. In general, the import price, however, continues to indicate tangible growth. The most prominent rate of growth was recorded in 2015 an increase of 94% against the previous year. As a result, import price attained the peak level of $6,628 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +3.6% per year.
Base Metal Padlock Price in Ghana (FOB) - 2022
In 2022, the average base metal padlock export price amounted to $7,150 per ton, shrinking by -2.4% against the previous year. Over the period under review, the export price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 110%. As a result, the export price reached the peak level of $11,262 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Namibia.
From 2012 to 2022, the rate of growth in terms of prices for Namibia amounted to +153.2% per year.
Base Metal Padlock Imports in Ghana
In 2022, imports of base metal padlocks into Ghana dropped to 2.9K tons, waning by -11.2% compared with the previous year. Overall, imports continue to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2021 with an increase of 3%. As a result, imports attained the peak of 3.2K tons, and then dropped in the following year.
In value terms, base metal padlock imports reduced sharply to $11M in 2022. In general, imports continue to indicate a slight downturn. The growth pace was the most rapid in 2021 with an increase of 12%. As a result, imports reached the peak of $14M, and then dropped dramatically in the following year.
| Import of Base Metal Padlock in Ghana (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.0 | 11.5 | 13.2 | 11.1 | 0.3% |
| Others | 0.9 | 0.6 | 0.4 | 0.3 | -30.7% |
| Total | 11.9 | 12.1 | 13.6 | 11.5 | -1.1% |
Top Suppliers of Base Metal Padlock to Ghana in 2022:
- China (2.8K tons)
Base Metal Padlock Exports in Ghana
In 2022, the amount of base metal padlocks exported from Ghana reached 4.6 tons, increasing by 2.5% against 2021. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 321%. As a result, the exports reached the peak of 5.2 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, base metal padlock exports amounted to $33K in 2022. In general, exports showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 281%. As a result, the exports attained the peak of $35K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Base Metal Padlock in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | N/A | N/A | N/A | 30.3 | 0% |
| Burkina Faso | 3.8 | 15.7 | 13.3 | N/A | 87.1% |
| Cote d'Ivoire | 3.5 | 18.6 | 19.9 | N/A | 138.4% |
| Mali | 1.8 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.3 | N/A | 2.9 | 210.9% |
| Total | 9.1 | 34.6 | 33.2 | 33.2 | 53.9% |
Top Export Markets for Base Metal Padlock from Ghana in 2022:
- Namibia (0.9 tons)
This report provides an in-depth analysis of the base metal padlock 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 25721130 - Base metal padlocks
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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