Report Update: May 1, 2024

Ghana - Base Metal Tubular Or Bifurcated Rivets - Market Analysis, Forecast, Size, Trends And Insights

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Metal Tubular Rivet Price in Ghana - 2022

Metal Tubular Rivet Price in Ghana (CIF) - 2022

In 2022, the average metal tubular rivet import price amounted to $4,159 per ton, picking up by 5.2% against the previous year. Over the period under review, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metal tubular rivet import price increased by +81.4% against 2018 indices. The pace of growth appeared the most rapid in 2019 an increase of 45% against the previous year. Over the period under review, average import prices attained the peak figure at $4,264 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 France ($40,332 per ton), while the price for China ($312 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-2.8%), while the prices for the other major suppliers experienced a decline.

Metal Tubular Rivet Price in Ghana (FOB) - 2022

In 2022, the average metal tubular rivet export price amounted to $3,500 per ton, approximately mirroring the previous year. Overall, the export price continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2013 when the average export price increased by 1.2%. Over the period under review, the average export prices attained the maximum at $9,428 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to -1.9% per year.

Metal Tubular Rivet Imports in Ghana

In 2022, overseas purchases of base metal tubular or bifurcated rivets decreased by -30.7% to 61 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 69% against the previous year.

In value terms, metal tubular rivet imports reduced dramatically to $253K in 2022. Overall, imports, however, posted a strong increase. The growth pace was the most rapid in 2020 with an increase of 70%.

Import of Metal Tubular Rivet in Ghana (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	70.0	112	120	129	22.6%
South Africa	35.1	129	167	85.5	34.6%
Italy	2.9	4.6	4.9	5.3	22.3%
India	3.8	5.3	5.0	4.7	7.3%
China	2.9	3.2	2.4	1.7	-16.3%
Others	40.6	9.6	47.6	27.2	-12.5%
Total	155	264	347	253	17.7%

Top Suppliers of Metal Tubular Rivet to Ghana in 2022:

South Africa (28.9 tons)
Italy (12.4 tons)
India (6.9 tons)
China (5.6 tons)
France (3.2 tons)

Metal Tubular Rivet Exports in Ghana

In 2022, overseas shipments of base metal tubular or bifurcated rivets decreased by 0% to 56 kg, falling for the second year in a row after two years of growth. Over the period under review, exports saw resilient growth. The pace of growth was the most pronounced in 2020 with an increase of 4,562% against the previous year. As a result, the exports reached the peak of 1.8 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal tubular rivet exports totaled $196 in 2022. In general, exports posted resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by 4,376% against the previous year. As a result, the exports reached the peak of $6.4K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Metal Tubular Rivet in Ghana (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Canada	N/A	N/A	N/A	196	0%
Cote d'Ivoire	144	N/A	N/A	N/A	0%
Italy	N/A	2,943	N/A	N/A	0%
Netherlands	N/A	282	N/A	N/A	0%
Others	N/A	3,221	N/A	N/A	0%
Total	144	6,446	N/A	196	10.8%

Top Export Markets for Metal Tubular Rivet from Ghana in 2022:

Canada (56.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal tubular rivet 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 25992550 - Base metal tubular or bifurcated rivets

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023