Chromium Trioxide Price in Ghana - 2022
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Chromium Trioxide Price in Ghana (CIF) - 2022
In 2022, the average chromium trioxide import price amounted to $1,442 per ton, reducing by -36.8% against the previous year. Over the period under review, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of 14%. The import price peaked at $10,143 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -16.8% per year.
Chromium Trioxide Imports in Ghana
Chromium trioxide imports into Ghana soared to 2.4 tons in 2022, growing by 58% compared with the previous year. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 896%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, chromium trioxide imports contracted to $3.4K in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 538%.
| Import of Chromium Trioxide in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.5 | N/A | 3.4 | 3.4 | 89.5% |
| Malta | N/A | 1.7 | N/A | N/A | 0% |
| Others | N/A | 1.7 | N/A | N/A | 0% |
| Total | 0.5 | 3.4 | 3.4 | 3.4 | 89.5% |
Top Suppliers of Chromium Trioxide to Ghana in 2022:
- India (2.4 tons)
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