Gold Compounds Price in Ghana - 2022

Contents:

1. Gold Compounds Price in Ghana (FOB) - 2022
2. Gold Compounds Price in Ghana (CIF) - 2022
3. Gold Compounds Exports in Ghana
4. Gold Compounds Imports in Ghana

Gold Compounds Price in Ghana (FOB) - 2022

In 2022, the average gold compounds export price amounted to $54,540,835 per ton, with a decrease of -4.4% against the previous year. In general, the export price, however, saw a buoyant increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 33,328%. The export price peaked at $57,068,034 per ton in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($668,456,919 per ton), while the average price for exports to the United Arab Emirates totaled $26,403,635 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+43.1%).

Gold Compounds Price in Ghana (CIF) - 2022

The average gold compounds import price stood at $1,456,000 per ton in 2022, falling by -31.3% against the previous year. In general, the import price faced a abrupt contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 167% against the previous year. Over the period under review, average import prices hit record highs at $6,065,333 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($1,551,000 per ton), while the price for South Africa amounted to $1,361,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+19.7%).

Gold Compounds Exports in Ghana

In 2022, overseas shipments of gold compoundses were finally on the rise to reach 2.5 tons after two years of decline. In general, exports, however, continue to indicate a abrupt downturn.

In value terms, gold compounds exports declined slightly to $138M in 2022. The total export value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 9.3% against the previous year. As a result, the exports attained the peak of $145M, and then shrank modestly in the following year.

Top Export Markets for Gold Compounds from Ghana in 2022:

1. United Arab Emirates (2425.0 kg)
2. Switzerland (111.0 kg)

Gold Compounds Imports in Ghana

After two years of decline, overseas purchases of gold compoundses decreased by 0% to 2 kg in 2022. Overall, imports continue to indicate a sharp slump. The smallest decline of -50% was in 2020.

In value terms, gold compounds imports declined markedly to $2.9K in 2022. Over the period under review, imports faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 167% against the previous year.

Top Suppliers of Gold Compounds to Ghana in 2022:

1. Australia (1.0 kg)
2. South Africa (1.0 kg)

Source: IndexBox Market Intelligence Platform