Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Ghana - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Ghana (CIF) - 2022
- Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Ghana
Price for Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Ghana (CIF) - 2022
The average import price for fertilizers, mineral or chemical; containing nitrates and phosphateses stood at $136 per ton in 2022, growing by 18% against the previous year. Overall, the import price, however, saw a drastic downturn. The import price peaked at $517 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -7.8% per year.
Imports of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Ghana
In 2022, after three years of growth, there was significant decline in purchases abroad of fertilizers, mineral or chemical; containing nitrates and phosphateses, when their volume decreased by -8.3% to 6.1K tons. The total import volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year.
In value terms, imports of fertilizers, mineral or chemical; containing nitrates and phosphateses rose rapidly to $825K in 2022. In general, imports recorded a abrupt decrease.
| Import of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 983 | 856 | 745 | 806 | -6.4% |
| Others | 39.2 | 28.9 | 21.2 | 19.4 | -20.9% |
| Total | 1,023 | 885 | 766 | 825 | -6.9% |
Top Suppliers of Fertilizers, Mineral or Chemical; Containing Nitrates and Phosphates to Ghana in 2022:
- China (6.1K tons)
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