Phosphorus Price in Ghana - 2023
Contents:
Phosphorus Price in Ghana (CIF) - 2022
The average phosphorus import price stood at $10,984 per ton in 2022, jumping by 51% against the previous year. Over the period under review, the import price, however, saw a deep contraction. Over the period under review, average import prices hit record highs at $55,903 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 -14.4% per year.
Phosphorus Imports in Ghana
In 2022, supplies from abroad of phosphori was finally on the rise to reach 61 kg after two years of decline. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, phosphorus imports soared to $670 in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Phosphorus in Ghana (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 277 | 214 | 105 | 670 | 34.2% |
Belgium | 42.0 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | 4.0 | N/A | 0% |
Total | 319 | 214 | 109 | 670 | 28.1% |
Top Suppliers of Phosphorus to Ghana in 2022:
- India (61.0 kg)
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