Chlorides; of Aluminium Price in Ghana - 2023
Contents:
- Chlorides; of Aluminium Price in Ghana (CIF) - 2022
- Chlorides; of Aluminium Price in Ghana (FOB) - 2022
- Chlorides; of Aluminium Imports in Ghana
- Chlorides; of Aluminium Exports in Ghana
Chlorides; of Aluminium Price in Ghana (CIF) - 2022
The average chlorides; of aluminium import price stood at $1,025 per ton in 2022, reducing by -3.6% against the previous year. In general, the import price, however, saw a temperate expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 139% against the previous year. As a result, import price reached the peak level of $1,826 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($5,960 per ton), while the price for China ($564 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Angola (+53.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Chlorides; of Aluminium Price in Ghana (FOB) - 2022
The average chlorides; of aluminium export price stood at $518 per ton in 2022, picking up by 44% against the previous year. Over the period under review, the export price, however, recorded a perceptible setback. The export price peaked at $779 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Denmark.
From 2013 to 2022, the rate of growth in terms of prices for Denmark amounted to 0.0% per year.
Chlorides; of Aluminium Imports in Ghana
In 2022, chlorides; of aluminium imports into Ghana soared to 365 tons, increasing by 59% against 2021. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, chlorides; of aluminium imports surged to $374K in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 175%. As a result, imports reached the peak of $504K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Chlorides; of Aluminium in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 30.1 | 79.5 | 39.9 | 155 | 72.7% |
| South Africa | 4.5 | 28.2 | 18.1 | 57.1 | 133.2% |
| Germany | 8.9 | 5.9 | 5.3 | 52.8 | 81.0% |
| Turkey | 106 | 105 | 22.7 | 47.8 | -23.3% |
| Spain | 8.4 | 15.8 | 6.4 | 44.1 | 73.8% |
| Angola | N/A | N/A | 1.0 | 14.4 | 1340.0% |
| Denmark | N/A | 131 | 71.7 | N/A | -45.3% |
| Others | 25.7 | 138 | 79.1 | 2.7 | -52.8% |
| Total | 184 | 504 | 244 | 374 | 26.7% |
Top Suppliers of Chlorides; of Aluminium to Ghana in 2022:
- China (275.3 tons)
- Turkey (31.7 tons)
- South Africa (22.7 tons)
- Germany (21.5 tons)
- Spain (7.4 tons)
- Angola (5.7 tons)
Chlorides; of Aluminium Exports in Ghana
In 2022, exports of chlorides; of aluminia from Ghana surged to 840 kg, jumping by 68% on the previous year's figure. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, chlorides; of aluminium exports surged to $435 in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Chlorides; of Aluminium in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Denmark | N/A | 216 | 0% | ||
| Cote d'Ivoire | 180 | N/A | 0% | ||
| Others | N/A | 219 | 0% | ||
| Total | 180 | 435 | 141.7% | ||
Top Export Markets for Chlorides; of Aluminium from Ghana in 2022:
- Denmark (420.0 kg)
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