Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Ghana - 2022
Contents:
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Ghana (CIF) - 2022
- Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Ghana (FOB) - 2022
- Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Ghana
- Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Ghana
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Ghana (CIF) - 2022
The average import price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses stood at $1,426 per ton in 2022, increasing by 13% against the previous year. Over the period under review, the import price, however, saw a pronounced decline. The growth pace was the most rapid in 2021 when the average import price increased by 39%. The import price peaked at $1,882 per ton in 2012; however, from 2013 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 the Netherlands ($4,116 per ton), while the price for Tunisia ($393 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+20.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Ghana (FOB) - 2022
In 2022, the average export price for phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses amounted to $430 per ton, reducing by -10.3% against the previous year. Over the period under review, the export price faced a deep downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 0.5%. The export price peaked at $1,397 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($445 per ton), while the average price for exports to Nigeria totaled $83 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (-3.0%).
Imports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Ghana
For the fourth consecutive year, Ghana recorded growth in overseas purchases of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses, which increased by 18% to 3.4K tons in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 45% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses soared to $4.9M in 2022. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 82%. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
| Import of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 723 | 887 | 2,123 | 3,396 | 67.5% |
| Hong Kong SAR | 328 | 254 | 302 | 332 | 0.4% |
| India | 62.6 | 49.7 | 131 | 262 | 61.2% |
| South Africa | 7.8 | 92.4 | 177 | 245 | 215.5% |
| Thailand | 138 | 157 | 126 | 186 | 10.5% |
| Germany | 180 | 236 | 144 | 173 | -1.3% |
| Vietnam | 154 | 119 | 267 | 118 | -8.5% |
| Spain | 51.1 | 29.3 | 67.0 | 46.4 | -3.2% |
| Tunisia | 25.4 | 17.9 | 19.4 | 19.3 | -8.7% |
| Others | 193 | 169 | 315 | 113 | -16.3% |
| Total | 1,863 | 2,012 | 3,672 | 4,891 | 38.0% |
Top Suppliers of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates to Ghana in 2022:
- China (2749.2 tons)
- India (135.6 tons)
- Hong Kong SAR (127.6 tons)
- South Africa (84.7 tons)
- Vietnam (71.7 tons)
- Thailand (65.3 tons)
- Spain (57.1 tons)
- Tunisia (49.1 tons)
- Germany (46.4 tons)
Exports of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Ghana
For the third consecutive year, Ghana recorded decline in shipments abroad of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses, which decreased by -4.6% to 22 tons in 2022. Overall, exports showed a noticeable reduction.
In value terms, exports of phosphinates (hypophosphites), phosphonates (phosphites), phosphates and polyphosphateses fell to $9.4K in 2022. In general, exports showed a abrupt slump.
| Export of Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 14.6 | 12.6 | 10.8 | 9.3 | -14.0% |
| Nigeria | 0.4 | 0.2 | 0.1 | 0.1 | -37.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 15.0 | 12.8 | 11.0 | 9.4 | -14.4% |
Top Export Markets for Phosphinates (Hypophosphites), Phosphonates (Phosphites), Phosphates and Polyphosphates from Ghana in 2022:
- Cote d'Ivoire (21.0 tons)
- Nigeria (0.9 tons)
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