Ghana: Market for Parts Of Vapour Generating Boilers And Super-Heater Water Boilers 2025

Market Size for Parts Of Vapour Generating Boilers And Super-Heater Water Boilers in Ghana

The Ghanian vapour generating boiler parts market stood at $X in 2022, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a significant increase. Vapour generating boiler parts consumption peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Exports of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers

Exports from Ghana

In 2021, overseas shipments of parts of vapour generating boilers and super-heater water boilers decreased by X% to X tons, falling for the second consecutive year after two years of decline. In general, exports, however, posted a significant increase. The smallest decline of X% was in 2020. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, vapour generating boiler parts exports shrank remarkably to $X in 2021. Overall, exports, however, enjoyed a significant increase. The smallest decline of X% was in 2020. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Burkina Faso (X tons) was the main destination for vapour generating boiler parts exports from Ghana, with a approx. X% share of total exports.

From 2017 to 2021, the average annual rate of growth in terms of volume to Burkina Faso was relatively modest.

In value terms, Burkina Faso ($X) emerged as the key foreign market for parts of vapour generating boilers and super-heater water boilers exports from Ghana.

From 2017 to 2021, the average annual rate of growth in terms of value to Burkina Faso was relatively modest.

Export Prices by Country

The average vapour generating boiler parts export price stood at $X per ton in 2021, increasing by X% against the previous year. Over the period under review, the export price recorded significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2017 to 2021, the rate of growth in terms of prices for Cote d'Ivoire amounted to X% per year.

Imports of Parts Of Vapour Generating Boilers And Super-Heater Water Boilers

Imports into Ghana

In 2022, approx. X tons of parts of vapour generating boilers and super-heater water boilers were imported into Ghana; surging by X% on 2021 figures. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, vapour generating boiler parts imports dropped sharply to $X in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, South Korea (X tons) constituted the largest supplier of vapour generating boiler parts to Ghana, accounting for a X% share of total imports. Moreover, vapour generating boiler parts imports from South Korea exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Spain (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from South Korea totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Spain (X% per year).

In value terms, South Korea ($X) constituted the largest supplier of parts of vapour generating boilers and super-heater water boilers to Ghana, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.

From 2012 to 2022, the average annual growth rate of value from South Korea stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and South Africa (X% per year).

Import Prices by Country

The average vapour generating boiler parts import price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the import price recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2019; however, from 2020 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 South Africa ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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