Ghana - Hydraulic Cylinders And Systems - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hydraulic Cylinder and System in Ghana - 2022
Contents:
- Price for Hydraulic Cylinder and System in Ghana (CIF) - 2022
- Price for Hydraulic Cylinder and System in Ghana (FOB) - 2022
- Imports of Hydraulic Cylinder and System in Ghana
- Exports of Hydraulic Cylinder and System in Ghana
Price for Hydraulic Cylinder and System in Ghana (CIF) - 2022
The average hydraulic cylinder and system import price stood at $1,036 per unit in 2022, which is down by -3.5% against the previous year. Over the period under review, the import price showed a mild curtailment. The most prominent rate of growth was recorded in 2020 an increase of 86%. The import price peaked at $1,193 per unit in 2014; however, from 2015 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 Netherlands ($2,495 per unit), while the price for China ($248 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Burkina Faso (+228.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hydraulic Cylinder and System in Ghana (FOB) - 2022
The average hydraulic cylinder and system export price stood at $930 per unit in 2022, declining by -3.7% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 117%. Over the period under review, the average export prices reached the maximum at $966 per unit in 2021, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($1,032 per unit), while the average price for exports to Thailand ($244 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 Belgium (+20.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hydraulic Cylinder and System in Ghana
In 2022, imports of hydraulic cylinders and systems into Ghana contracted to 2.8K units, dropping by -5.1% against 2021. Over the period under review, imports showed a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 11%. Imports peaked at 12K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, hydraulic cylinder and system imports shrank to $2.9M in 2022. Overall, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Imports peaked at $6.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Hydraulic Cylinder and System in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 488 | 641 | 303 | 417 | -5.1% |
| China | 553 | 231 | 249 | 357 | -13.6% |
| United States | 628 | 181 | 423 | 262 | -25.3% |
| Germany | 643 | 67.4 | 268 | 198 | -32.5% |
| Australia | 134 | 147 | 466 | 178 | 9.9% |
| South Africa | 497 | 72.5 | 89.2 | 112 | -39.1% |
| Belgium | 109 | 49.6 | 159 | 106 | -0.9% |
| France | 38.0 | 81.9 | 18.5 | 79.3 | 27.8% |
| Others | 3,463 | 1,180 | 1,213 | 1,211 | -29.5% |
| Total | 6,553 | 2,651 | 3,189 | 2,920 | -23.6% |
Top Suppliers of Hydraulic Cylinder and System to Ghana in 2022:
- China (1436.0 units)
- Netherlands (167.0 units)
- United States (151.0 units)
- Germany (120.0 units)
- Australia (103.0 units)
- South Africa (65.0 units)
- France (65.0 units)
- Belgium (61.0 units)
Exports of Hydraulic Cylinder and System in Ghana
In 2022, shipments abroad of hydraulic cylinders and systems was finally on the rise to reach 108 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a dramatic contraction. The exports peaked at 1.4K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, hydraulic cylinder and system exports soared to $100K in 2022. Overall, exports, however, recorded a sharp slump. Over the period under review, the exports attained the peak figure at $819K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Hydraulic Cylinder and System in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | N/A | 12.2 | 0% |
| South Africa | 1.0 | N/A | N/A | 4.7 | 67.5% |
| Sweden | 72.7 | 17.4 | 22.9 | 3.9 | -62.3% |
| Netherlands | 55.6 | 26.3 | N/A | 1.0 | -73.8% |
| Norway | 23.1 | N/A | N/A | 0.3 | -76.5% |
| Thailand | N/A | N/A | N/A | 0.2 | 0% |
| Benin | 19.3 | N/A | N/A | N/A | 0% |
| Cote d'Ivoire | 7.9 | N/A | N/A | N/A | 0% |
| Belgium | 1.5 | 12.5 | 3.0 | N/A | 41.4% |
| Australia | 61.9 | N/A | N/A | N/A | 0% |
| Austria | 111 | N/A | N/A | N/A | 0% |
| Others | 465 | 92.6 | 26.3 | 78.1 | -44.8% |
| Total | 819 | 149 | 52.2 | 100 | -50.4% |
Top Export Markets for Hydraulic Cylinder and System from Ghana in 2022:
- France (16.0 units)
- Sweden (10.0 units)
- South Africa (7.0 units)
- Netherlands (1.0 units)
- Thailand (1.0 units)
- Norway (1.0 units)
This report provides an in-depth analysis of the market for hydraulic cylinder and system 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 28121130 - Hydraulic cylinders
- Prodcom 28121630 - Hydraulic systems (power packs with actuators)
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
-
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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