Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ghana - 2022
Contents:
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ghana (CIF) - 2022
- Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ghana (FOB) - 2022
- Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ghana
- Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ghana
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ghana (CIF) - 2022
In 2022, the average import price for blades; cutting, serrated or not, excluding those of heading no. 8208s amounted to $0.9 per unit, jumping by 71% against the previous year. Over the period under review, the import price, however, recorded a deep downturn. The growth pace was the most rapid in 2019 when the average import price increased by 85%. The import price peaked at $1.8 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($5.5 per unit), while the price for Turkey ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ghana (FOB) - 2022
The average export price for blades; cutting, serrated or not, excluding those of heading no. 8208s stood at $0.5 per unit in 2022, shrinking by -25.9% against the previous year. Overall, the export price continues to indicate a slight descent. The growth pace was the most rapid in 2017 when the average export price increased by 71% against the previous year. The export price peaked at $0.8 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($28 per unit), while the average price for exports to the UK ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Benin (+390.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ghana
In 2022, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s into Ghana fell to 102K units, waning by -6.5% on 2021. In general, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2021 when imports increased by 388% against the previous year. As a result, imports reached the peak of 109K units, and then declined in the following year.
In value terms, imports of blades; cutting, serrated or not, excluding those of heading no. 8208s surged to $89K in 2022. Over the period under review, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 102% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.8 | 2.5 | 15.0 | 17.7 | 37.6% |
| United Kingdom | 10.5 | 3.1 | 0.9 | 12.7 | 6.5% |
| South Africa | 2.5 | 0.5 | 0.1 | 8.9 | 52.7% |
| Italy | 3.7 | 0.9 | 0.3 | 5.6 | 14.8% |
| Netherlands | 2.6 | 1.9 | 12.1 | 4.4 | 19.2% |
| Spain | N/A | N/A | 0.2 | 3.5 | 1650.0% |
| Thailand | N/A | N/A | N/A | 2.4 | 0% |
| India | 11.6 | 2.9 | 1.7 | 2.0 | -44.3% |
| United Arab Emirates | 0.6 | 0.3 | 0.9 | 1.1 | 22.4% |
| Germany | 6.2 | 1.6 | 1.1 | 0.5 | -56.8% |
| Turkey | 1.1 | 0.3 | 0.4 | 0.2 | -43.3% |
| Others | 22.2 | 13.7 | 23.2 | 30.2 | 10.8% |
| Total | 67.7 | 27.7 | 55.9 | 89.3 | 9.7% |
Top Suppliers of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 to Ghana in 2022:
- China (54.8K units)
- United Kingdom (12.0K units)
- Spain (6.6K units)
- United Arab Emirates (3.9K units)
- Italy (3.7K units)
- Netherlands (3.6K units)
- Thailand (2.8K units)
- South Africa (2.6K units)
- Turkey (2.0K units)
- India (1.4K units)
- Germany (0.2K units)
Exports of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ghana
For the fourth year in a row, Ghana recorded growth in overseas shipments of blades; cutting, serrated or not, excluding those of heading no. 8208s, which increased by 128% to 5K units in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of blades; cutting, serrated or not, excluding those of heading no. 8208s surged to $2.7K in 2022. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 1,344 | 0% |
| Burkina Faso | 491 | 616 | 763 | 597 | 6.7% |
| United Kingdom | 9.0 | 6.0 | 1.0 | 45.0 | 71.0% |
| Italy | N/A | N/A | 13.0 | N/A | 0% |
| Others | 441 | 602 | 813 | 703 | 16.8% |
| Total | 941 | 1,224 | 1,590 | 2,689 | 41.9% |
Top Export Markets for Blades; Cutting, Serrated or Not, Excluding Those of Heading No. 8208 from Ghana in 2022:
- United Arab Emirates (3.2K units)
- Burkina Faso (1.5K units)
- United Kingdom (0.1K units)
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