Price for Braids; in the Piece in Ghana - 2023
Contents:
- Price for Braids; in the Piece in Ghana (CIF) - 2022
- Price for Braids; in the Piece in Ghana (FOB) - 2022
- Imports of Braids; in the Piece in Ghana
- Exports of Braids; in the Piece in Ghana
Price for Braids; in the Piece in Ghana (CIF) - 2022
In 2022, the average braids; in the piece import price amounted to $499 per ton, increasing by 11% against the previous year. In general, the import price, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2015 an increase of 54% against the previous year. Over the period under review, average import prices hit record highs at $4,513 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,687 per ton), while the price for China ($445 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-6.6%), while the prices for the other major suppliers experienced a decline.
Price for Braids; in the Piece in Ghana (FOB) - 2022
The average braids; in the piece export price stood at $3,509 per ton in 2022, rising by 441% against the previous year. In general, the export price, however, continues to indicate a deep setback. The pace of growth appeared the most rapid in 2019 when the average export price increased by 9,980%. As a result, the export price reached the peak level of $16,944 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -39.0% per year.
Imports of Braids; in the Piece in Ghana
In 2022, purchases abroad of braids; in the pieces decreased by -30% to 29 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a deep setback.
In value terms, braids; in the piece imports dropped notably to $15K in 2022. Overall, imports, however, recorded a strong increase.
| Import of Braids; in the Piece in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.4 | N/A | 18.4 | 12.4 | 9.7% |
| Italy | N/A | N/A | N/A | 2.0 | 0% |
| Others | 0.7 | N/A | 0.4 | 0.1 | -47.7% |
| Total | 10.1 | N/A | 18.7 | 14.5 | 12.8% |
Top Suppliers of Braids; in the Piece to Ghana in 2022:
- China (27.8 tons)
- Italy (1.2 tons)
Exports of Braids; in the Piece in Ghana
After two years of decline, shipments abroad of braids; in the pieces decreased by -99.7% to 1 kg in 2022. Over the period under review, exports faced a dramatic slump.
In value terms, braids; in the piece exports declined dramatically to $4 in 2022. Overall, exports recorded a precipitous shrinkage.
| Export of Braids; in the Piece in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 440 | N/A | N/A | 4.0 | -79.1% |
| Denmark | N/A | N/A | 217 | N/A | 0% |
| Others | 24.0 | N/A | 3.0 | N/A | -64.6% |
| Total | 464 | N/A | 220 | 4.0 | -79.5% |
Top Export Markets for Braids; in the Piece from Ghana in 2022:
- Germany (1.0 kg)
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