Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Ghana - 2022

Contents:

1. Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Ghana (CIF) - 2022
2. Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Ghana (FOB) - 2022
3. Imports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Ghana
4. Exports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Ghana

Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Ghana (CIF) - 2022

The average import price for heterocyclic compounds with oxygen hetero-atom(s) onlies stood at $16,344 per ton in 2022, rising by 24% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 84% against the previous year. As a result, import price attained the peak level of $32,693 per ton. From 2014 to 2022, the average 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 India ($91,350 per ton), while the price for the United States ($898 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Ghana (FOB) - 2022

The average export price for heterocyclic compounds with oxygen hetero-atom(s) onlies stood at $10,577 per ton in 2022, waning by -7.4% against the previous year. Overall, the export price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2015 an increase of 66% against the previous year. Over the period under review, the average export prices attained the peak figure at $11,423 per ton in 2021, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for Nigeria.

From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to -0.7% per year.

Imports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Ghana

After three years of growth, supplies from abroad of heterocyclic compounds with oxygen hetero-atom(s) onlies decreased by -50.8% to 98 tons in 2022. Over the period under review, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 191% against the previous year. As a result, imports attained the peak of 200 tons, and then shrank markedly in the following year.

In value terms, imports of heterocyclic compounds with oxygen hetero-atom(s) onlies contracted sharply to $1.6M in 2022. In general, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 347%. As a result, imports reached the peak of $2.6M, and then fell dramatically in the following year.

Top Suppliers of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only to Ghana in 2022:

1. China (68.3 tons)
2. Cote d'Ivoire (10.1 tons)
3. Germany (4.1 tons)
4. Spain (4.1 tons)
5. United States (3.1 tons)
6. United Kingdom (2.5 tons)
7. Senegal (1.9 tons)
8. United Arab Emirates (1.8 tons)
9. India (1.6 tons)
10. Netherlands (0.6 tons)

Exports of Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only in Ghana

For the third year in a row, Ghana recorded decline in shipments abroad of heterocyclic compounds with oxygen hetero-atom(s) onlies, which decreased by 0% to 26 kg in 2022. Over the period under review, exports showed a deep reduction. The smallest decline of -7.1% was in 2021.

In value terms, exports of heterocyclic compounds with oxygen hetero-atom(s) onlies declined to $275 in 2022. The total export value increased at an average annual rate of +8.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 18%.

Top Export Markets for Heterocyclic Compounds with Oxygen Hetero-Atom(S) Only from Ghana in 2022:

1. Nigeria (26.0 kg)

Source: IndexBox Market Intelligence Platform