Price for Dyes; Reactive Dyes and Preparations Based Thereon in Ghana - 2022
Contents:
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Ghana (CIF) - 2022
- Price for Dyes; Reactive Dyes and Preparations Based Thereon in Ghana (FOB) - 2022
- Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Ghana
- Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Ghana
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Ghana (CIF) - 2022
In 2022, the average import price for dyes; reactive dyes and preparations based therea amounted to $10,390 per ton, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2013 an increase of 21% against the previous year. Over the period under review, average import prices reached the peak figure at $11,167 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($19,457 per ton), while the price for Nigeria ($3,550 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Reactive Dyes and Preparations Based Thereon in Ghana (FOB) - 2022
In 2022, the average export price for dyes; reactive dyes and preparations based therea amounted to $10,784 per ton, flattening at the previous year. In general, the export price continues to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2017 an increase of 83% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Togo.
From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to +64.1% per year.
Imports of Dyes; Reactive Dyes and Preparations Based Thereon in Ghana
In 2022, approx. 185 tons of dyes; reactive dyes and preparations based therea were imported into Ghana; shrinking by -23.9% against the year before. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +5.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 92%. As a result, imports attained the peak of 243 tons, and then dropped notably in the following year.
In value terms, imports of dyes; reactive dyes and preparations based therea shrank markedly to $1.9M in 2022. Over the period under review, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 95%. As a result, imports attained the peak of $2.5M, and then shrank significantly in the following year.
| Import of Dyes; Reactive Dyes and Preparations Based Thereon in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 573 | 486 | 960 | 881 | 15.4% |
| Netherlands | 315 | 54.7 | 201 | 156 | -20.9% |
| South Korea | N/A | N/A | N/A | 142 | 0% |
| Singapore | 20.7 | 6.7 | 96.2 | 99.4 | 68.7% |
| Germany | 214 | 158 | 204 | 81.8 | -27.4% |
| China | 76.7 | 122 | 168 | 59.7 | -8.0% |
| Cote d'Ivoire | 19.9 | 81.0 | 58.8 | 57.4 | 42.3% |
| Switzerland | 12.6 | 18.2 | 44.0 | 35.0 | 40.6% |
| Belgium | 39.0 | 34.6 | 30.7 | 27.7 | -10.8% |
| Nigeria | 8.7 | 10.6 | 12.9 | 15.9 | 22.3% |
| Others | 274 | 333 | 767 | 369 | 10.4% |
| Total | 1,554 | 1,305 | 2,543 | 1,924 | 7.4% |
Top Suppliers of Dyes; Reactive Dyes and Preparations Based Thereon to Ghana in 2022:
- India (109.9 tons)
- South Korea (10.0 tons)
- Netherlands (8.1 tons)
- Germany (8.0 tons)
- Singapore (7.9 tons)
- Nigeria (4.5 tons)
- Switzerland (3.6 tons)
- China (3.1 tons)
- Belgium (2.5 tons)
- Cote d'Ivoire (1.7 tons)
Exports of Dyes; Reactive Dyes and Preparations Based Thereon in Ghana
In 2022, shipments abroad of dyes; reactive dyes and preparations based therea decreased by 0% to 74 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of dyes; reactive dyes and preparations based therea stood at $798 in 2022. Overall, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Dyes; Reactive Dyes and Preparations Based Thereon in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Togo | N/A | N/A | N/A | 798 | 0% |
| Cote d'Ivoire | 256 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 256 | N/A | N/A | 798 | 46.1% |
Top Export Markets for Dyes; Reactive Dyes and Preparations Based Thereon from Ghana in 2022:
- Togo (74.0 kg)
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