Artificial Graphite Price in Ghana - 2022

Artificial Graphite Price in Ghana (CIF) - 2022

The average artificial graphite import price stood at $2,472 per ton in 2022, shrinking by -34.4% against the previous year. Over the period under review, the import price showed a deep downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 39%. Over the period under review, average import prices reached the maximum at $5,115 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Sweden ($9,971 per ton), while the price for India ($1,449 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+27.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Artificial Graphite Imports in Ghana

In 2022, artificial graphite imports into Ghana reduced remarkably to 1.8 tons, dropping by -70.4% compared with 2021. Over the period under review, imports recorded a sharp setback. The pace of growth was the most pronounced in 2021 when imports increased by 161%. As a result, imports attained the peak of 6 tons, and then reduced sharply in the following year.

In value terms, artificial graphite imports fell significantly to $4.4K in 2022. In general, imports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 263%. As a result, imports attained the peak of $23K, and then reduced rapidly in the following year.

Import of Artificial Graphite in Ghana (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	4.1	3.3	15.1	2.5	-15.2%
India	2.4	1.3	0.7	0.6	-37.0%
Germany	1.1	0.8	2.6	0.5	-23.1%
Sweden	1.3	0.3	2.1	0.3	-38.7%
Others	2.2	0.6	2.3	0.5	-39.0%
Total	11.2	6.3	22.7	4.4	-26.8%