Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Ghana - 2023

Contents:

  1. Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Ghana (CIF) - 2022
  2. Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Ghana

Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Ghana (CIF) - 2022

In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $3,158 per ton, growing by 62% against the previous year. Overall, the import price continues to indicate moderate growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 the United States ($5,330 per ton), while the price for South Africa ($996 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Ghana

In 2022, purchases abroad of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses decreased by -57.4% to 134 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, enjoyed a significant expansion.

In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses declined significantly to $425K in 2022. Overall, imports, however, recorded significant growth.

Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil58.0N/A14017945.6%
United States3.0N/A10483.5203.1%
China7.8N/A69.753.489.9%
South Africa39.7N/A58.437.7-1.7%
Portugal1.8N/A19.123.4135.1%
Spain3.6N/A3.414.057.3%
Belgium21.3N/A1979.6-23.3%
United Kingdom30.6N/A17.00.9-69.1%
Others1.3N/A8.722.8159.8%
Total167N/A61742536.5%

Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Ghana in 2022:

  1. Brazil (43.7 tons)
  2. South Africa (37.8 tons)
  3. United States (15.7 tons)
  4. China (12.4 tons)
  5. Portugal (8.2 tons)
  6. Spain (5.4 tons)
  7. Belgium (3.9 tons)
  8. United Kingdom (0.3 tons)

Source: IndexBox Market Intelligence Platform

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