Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ghana - 2022
Contents:
- Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ghana (CIF) - 2022
- Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ghana
Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ghana (CIF) - 2022
In 2022, the average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $3,799 per ton, rising by 5.8% against the previous year. Overall, the import price, however, continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 31% against the previous year. The import price peaked at $14,222 per ton in 2014; however, from 2015 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 China ($3,812 per ton), while the price for the United States stood at $3,451 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-7.3%).
Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ghana
Imports of artificial staple fibres, not carded, combed or otherwise processed for spinning into Ghana soared to 3 tons in 2022, picking up by 20% against 2021 figures. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 1,455% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning skyrocketed to $11K in 2022. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 1,475% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 0.5 | 8.5 | 10.9 | 366.9% |
| United States | N/A | N/A | 0.3 | 0.4 | 33.3% |
| Ethiopia | 0.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.5 | 0.6 | 8.8 | 11.2 | 181.9% |
Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Ghana in 2022:
- China (2.9 tons)
- United States (0.1 tons)
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