Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ghana - 2023
Contents:
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ghana (CIF) - 2022
- Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ghana (FOB) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ghana
- Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ghana
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ghana (CIF) - 2022
In 2022, the average import price for iron or non-alloy steel wire, not plated or coateds amounted to $798 per ton, remaining constant against the previous year. Over the period under review, the import price showed a mild slump. The pace of growth was the most pronounced in 2017 when the average import price increased by 80%. Over the period under review, average import prices reached the maximum at $962 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($1,487 per ton), while the price for China ($733 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ghana (FOB) - 2022
In 2022, the average export price for iron or non-alloy steel wire, not plated or coateds amounted to $500 per ton, approximately reflecting the previous year. In general, the export price showed a dramatic slump. The pace of growth appeared the most rapid in 2016 when the average export price increased by 5,988% against the previous year. As a result, the export price attained the peak level of $31,039 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burkina Faso ($1,148 per ton), while the average price for exports to Cameroon ($376 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 Mali (+236.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ghana
In 2022, after two years of decline, there was decline in overseas purchases of iron or non-alloy steel wire, not plated or coateds, when their volume decreased by 0% to 3.9K tons. In general, imports recorded a slight slump. The smallest decline of 99.9% was in 2020.
In value terms, imports of iron or non-alloy steel wire, not plated or coateds amounted to $3.1M in 2022. Over the period under review, imports saw a strong increase. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 630 | N/A | N/A | 2,640 | 61.2% |
| Portugal | N/A | N/A | N/A | 243 | 0% |
| Turkey | 939 | N/A | N/A | 9.9 | -78.1% |
| Others | 470 | N/A | N/A | 212 | -23.3% |
| Total | 2,039 | N/A | N/A | 3,105 | 15.0% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Not Plated or Coated to Ghana in 2022:
- China (3600.3 tons)
- Portugal (163.4 tons)
- Turkey (7.8 tons)
Exports of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ghana
In 2022, after two years of decline, there was decline in overseas shipments of iron or non-alloy steel wire, not plated or coateds, when their volume decreased by 0% to 442 tons. In general, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of iron or non-alloy steel wire, not plated or coateds amounted to $221K in 2022. Over the period under review, exports recorded a significant increase. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Iron or Non-Alloy Steel Wire, Not Plated or Coated in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cameroon | N/A | N/A | N/A | 133 | 0% |
| Togo | N/A | N/A | N/A | 61.9 | 0% |
| Burkina Faso | N/A | N/A | N/A | 22.3 | 0% |
| Liberia | 16.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 3.2 | 0% |
| Total | 16.7 | N/A | N/A | 221 | 136.5% |
Top Export Markets for Iron or Non-Alloy Steel Wire, Not Plated or Coated from Ghana in 2022:
- Cameroon (355.0 tons)
- Togo (63.4 tons)
- Burkina Faso (19.5 tons)
348
This report provides an in-depth analysis of the market for iron and steel wire in Ghana.
300
This report provides an in-depth analysis of the market for iron and steel wire in Ghana.
1944
This report provides an in-depth analysis of the global market for iron and steel wire.
536
This report provides an in-depth analysis of the global market for iron and steel wire.
348
This report provides an in-depth analysis of the market for iron and steel wire in Ghana.
300
This report provides an in-depth analysis of the market for iron and steel wire in Ghana.
1944
This report provides an in-depth analysis of the global market for iron and steel wire.
536
This report provides an in-depth analysis of the global market for iron and steel wire.
850
In value terms, wire of other alloy steel imports stood at $X in 2016. Overall, it indicated a temperate increase from 2007 to 2016: the total imports value increased at an average annual rate of +...
1515
In value terms, barbed wire of iron and steel imports amounted to $X in 2016. In general, barbed wire of iron and steel imports continue to indicate a mild slump. Over the period under review, glob...
1008
In value terms, wires, rods, tubes, plates, electrodes of base metal imports totaled $X in 2016. In general, wires, rods, tubes, plates, electrodes of base metal imports continue to indicate a mild...
1236
In value terms, wire of other alloy steel exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some...
678
In value terms, barbed wire of iron and steel exports totaled $X in 2016. In general, barbed wire of iron and steel exports continue to indicate a relatively flat trend pattern. Over the period und...
940
In value terms, wires, rods, tubes, plates, electrodes of base metal exports amounted to $X in 2016. Overall, wires, rods, tubes, plates, electrodes of base metal exports continue to indicate a sli...
3545
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
763
Global iron and steel wire imports stood at X tons in 2016, approximately equating the previous year figure. Overall, iron and steel wire imports continue to indicate a relatively flat trend patte...
270
Discover the top import markets for iron and steel wire and key statistics on their import values. Learn about the global demand for this essential material.
229
Explore the top countries importing iron and steel wire in 2023 and the factors driving their demand. Get insights into the global market for these essential materials.
