Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Ghana - 2022

Contents:

1. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Ghana (CIF) - 2022
2. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Ghana (FOB) - 2022
3. Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Ghana
4. Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Ghana

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Ghana (CIF) - 2022

In 2022, the average import price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $3,302 per ton, reducing by -37.9% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 an increase of 24%. The import price peaked at $5,313 per ton in 2021, and then declined remarkably in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($3,610 per ton), while the price for China totaled $3,210 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.3%).

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Ghana (FOB) - 2022

In 2022, the average export price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $5,105 per ton, rising by 48% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the average export price increased by 68%. As a result, the export price reached the peak level of $5,272 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Burkina Faso ($5,232 per ton), while the average price for exports to Cote d'Ivoire amounted to $4,514 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mali (+5.8%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Ghana

In 2022, overseas purchases of footwear; parts, outer soles and heels, of rubber or plasticses were finally on the rise to reach 1.3K tons after two years of decline. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses surged to $4.2M in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Ghana in 2022:

1. China (1261.9 tons)
2. Italy (4.1 tons)

Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Ghana

In 2022, after two years of decline, there was significant growth in overseas shipments of footwear; parts, outer soles and heels, of rubber or plasticses, when their volume increased by 510% to 641 kg. In general, exports, however, saw a sharp decrease.

In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses soared to $3.3K in 2022. Overall, exports, however, faced a precipitous decrease.

Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Ghana in 2022:

1. Burkina Faso (465.0 kg)
2. Cote d'Ivoire (173.0 kg)

Source: IndexBox Market Intelligence Platform