Electric furnace imports in Ghana: data, top suppliers and prices
In 2024, Ghana imported electric furnace worth $5.0 million (338 tonnes). Value rose 171% on 2023. Over 2017-2024 the trade grew strongly, by about 12% a year on average. The peak in this period was 2022, at $7.3 million.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $5.0M | 338 t |
| 2023 | $1.8M | 321 t |
| 2022 | $7.3M | 768 t |
| 2021 | $4.5M | 1.2K t |
| 2020 | $3.1M | 259 t |
| 2019 | $4.4M | 1.1K t |
| 2018 | $3.8M | 550 t |
| 2017 | $2.3M | 149 t |
Where Ghana imports electric furnace from
Most of the value came from India (44%), China (18%), Australia (14%). Among the main suppliers, Turkey grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| India | $2.2M | 44% |
| China | $875K | 18% |
| Australia | $711K | 14% |
| South Africa | $303K | 6.1% |
| Italy | $237K | 4.8% |
| Turkey | $228K | 4.6% |
| United States | $154K | 3.1% |
| France | $54K | 1.1% |
| Peru | $48K | 1% |
| United Kingdom | $45K | 0.9% |
Product types under HS 8514
| 8514.20 | Induction and dielectric furnaces | 29% |
| 8514.90 | Electric furnace parts | 23% |
| 8514.30 | Other electric industrial furnaces | 22% |
| 8514.40 | Industrial heating equipment | 13% |
| 8514.10 | Electric resistance furnaces | 13% |
Codes and full descriptions: HS heading 8514.
Average import price per kg
The average declared value was about $14.66 per kg, close to the world average of $18.05.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in Ghana?
The shipment records behind Ghana electric furnace imports (HS 8514): companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Direct customs feed: shipment-level records from the official customs source.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 8514: Industrial or laboratory electric furnaces and ovens (including those functioning by induction or dielectric loss); other industrial or laboratory equipment for the heat treatment of materials by induction or dielectric loss.
Common questions
What is the value of electric furnace imported by Ghana?
Ghana imported electric furnace worth $5.0 million in 2024, the latest year with complete public data, about 338 tonnes. That ranks it 86th of 212 countries worldwide, with 0% of world imports. The value was up 171% on 2023.
Which countries supply electric furnace to Ghana?
India was the largest supplier with 44% of the value ($2.2 million), followed by China (18%) and Australia (14%). The top three together account for 76%, out of 18 supplier countries in total. Australia grew fastest among the top ten, up 612% on the year.
What is the average import price of electric furnace per kg?
The average declared import value was about $14.66 per kg in 2024, 19% below the world average of $18.05 per kg. The figure blends every grade shipped, so it works as a reference point rather than a quote.
How have imports of electric furnace to Ghana changed since 2017?
Imports went from $2.3 million in 2017 to $5.0 million in 2024, an increase of 117%. The peak was 2022 at $7.3 million. Over 8 years the average was $4.0 million a year.
What is the HS code for electric furnace?
The HS code for electric furnace is heading 8514. In Ghana the largest six-digit codes were 8514.20 (28% of the value) and 8514.90 (23%).
How can I find the companies behind this trade?
EximDataX has a direct customs feed for Ghana, so the importers and exporters behind these totals are visible by name, shipment by shipment. Ask for a live look at your product.
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