Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Ghana - 2023
Contents:
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Ghana (CIF) - 2022
- Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Ghana (FOB) - 2022
- Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Ghana
- Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Ghana
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Ghana (CIF) - 2022
In 2022, the average import price for alcohols; aromatic and derivatives, other than benzyl alcohol amounted to $5,994 per ton, dropping by -4.9% against the previous year. Overall, the import price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 58% against the previous year. The import price peaked at $7,629 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($7,628 per ton), while the price for India ($5,394 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.1%), while the prices for the other major suppliers experienced a decline.
Price for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Ghana (FOB) - 2022
The average export price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $1,374 per ton in 2022, stabilizing at the previous year. Overall, the export price posted a resilient increase. The pace of growth was the most pronounced in 2016 an increase of 77%. Over the period under review, the average export prices attained the peak figure at $1,640 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -0.9% per year.
Imports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Ghana
After three years of growth, overseas purchases of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -26.7% to 1.1 tons in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 67% against the previous year.
In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol shrank significantly to $6.5K in 2022. Overall, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 154% against the previous year. As a result, imports reached the peak of $9.3K, and then shrank sharply in the following year.
| Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.1 | 0.9 | 6.2 | 4.1 | 244.8% |
| China | 0.3 | 2.1 | 2.2 | 1.5 | 71.0% |
| United Kingdom | 0.1 | 0.5 | 0.8 | 0.9 | 108.0% |
| Others | 2.3 | 0.1 | 0.1 | 0.1 | -64.8% |
| Total | 2.8 | 3.7 | 9.3 | 6.5 | 32.4% |
Top Suppliers of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol to Ghana in 2022:
- India (752.0 kg)
- China (203.0 kg)
- United Kingdom (121.0 kg)
Exports of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Ghana
In 2022, overseas shipments of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -0.5% to 438 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 0.7% against the previous year.
In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol stood at $602 in 2022. Overall, exports continue to indicate a relatively flat trend pattern.
| Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 287 | 603 | 600 | 602 | 28.0% |
| Cote d'Ivoire | 224 | N/A | N/A | N/A | 0% |
| Germany | 94.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 605 | 603 | 600 | 602 | -0.2% |
Top Export Markets for Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol from Ghana in 2022:
- United Kingdom (438.0 kg)
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