Price for Carbides, Whether or Not Chemically Defined in Ghana - 2023

Contents:

1. Price for Carbides, Whether or Not Chemically Defined in Ghana (CIF) - 2022
2. Price for Carbides, Whether or Not Chemically Defined in Ghana (FOB) - 2022
3. Imports of Carbides, Whether or Not Chemically Defined in Ghana
4. Exports of Carbides, Whether or Not Chemically Defined in Ghana

Price for Carbides, Whether or Not Chemically Defined in Ghana (CIF) - 2022

In 2022, the average import price for carbides, whether or not chemically defineds amounted to $1,144 per ton, growing by 18% against the previous year. Overall, the import price recorded a noticeable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Mexico ($2,310 per ton), while the price for Germany ($547 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Carbides, Whether or Not Chemically Defined in Ghana (FOB) - 2022

The average export price for carbides, whether or not chemically defineds stood at $361 per ton in 2021, surging by 38% against the previous year. In general, the export price, however, recorded a abrupt descent. Over the period under review, the average export prices reached the maximum at $576 per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($735 per ton), while the average price for exports to Togo ($139 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+8.8%), while the prices for the other major destinations experienced a decline.

Imports of Carbides, Whether or Not Chemically Defined in Ghana

In 2022, after two years of decline, there was significant decline in overseas purchases of carbides, whether or not chemically defineds, when their volume decreased by -36.3% to 1.3K tons. Over the period under review, imports saw a abrupt downturn.

In value terms, imports of carbides, whether or not chemically defineds reduced dramatically to $1.5M in 2022. In general, imports, however, enjoyed a prominent increase.

Top Suppliers of Carbides, Whether or Not Chemically Defined to Ghana in 2022:

1. China (744.6 tons)
2. Germany (269.9 tons)
3. Mexico (83.4 tons)
4. Brazil (49.4 tons)
5. Slovakia (39.1 tons)
6. Hong Kong SAR (37.2 tons)
7. South Africa (10.3 tons)

Exports of Carbides, Whether or Not Chemically Defined in Ghana

After two years of growth, overseas shipments of carbides, whether or not chemically defineds decreased by -20% to 10 tons in 2021. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 795%. As a result, the exports reached the peak of 12 tons, and then fell notably in the following year.

In value terms, exports of carbides, whether or not chemically defineds rose significantly to $3.6K in 2021. Over the period under review, exports, however, showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 1,025% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Top Export Markets for Carbides, Whether or Not Chemically Defined from Ghana in 2022:

1. Togo (3.5 tons)
2. Cote d'Ivoire (3.4 tons)
3. Burkina Faso (3.1 tons)

Source: IndexBox Market Intelligence Platform