Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Ghana - 2022
Contents:
- Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Ghana (CIF) - 2022
- Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Ghana
Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Ghana (CIF) - 2022
In 2022, the average import price for metal-rolling mills; hot or combination hot and cold rolling millses amounted to $25,595 per unit, growing by 20% against the previous year. Overall, the import price, however, faced a abrupt shrinkage. The growth pace was the most rapid in 2017 when the average import price increased by 113%. The import price peaked at $208,022 per unit in 2012; however, from 2013 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 the UK ($32,480 per unit), while the price for the United Arab Emirates ($3,437 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Ghana
For the fourth consecutive year, Ghana recorded growth in overseas purchases of metal-rolling mills; hot or combination hot and cold rolling millses, which increased by 62% to 225 units in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 144% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of metal-rolling mills; hot or combination hot and cold rolling millses soared to $5.8M in 2022. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 567 | 1,014 | 932 | 5,118 | 108.2% |
| United Kingdom | 256 | 335 | 433 | 552 | 29.2% |
| China | 124 | 280 | 1,583 | 75.0 | -15.4% |
| Others | 11.6 | 12.4 | 13.3 | 14.1 | 6.7% |
| Total | 959 | 1,642 | 2,962 | 5,759 | 81.8% |
Top Suppliers of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills to Ghana in 2022:
- India (199.0 units)
- United Kingdom (17.0 units)
- China (5.0 units)
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