Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ghana - 2023
Contents:
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ghana (CIF) - 2022
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ghana (FOB) - 2022
- Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ghana
- Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ghana
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ghana (CIF) - 2022
The average import price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $2,416 per ton in 2022, falling by -14.1% against the previous year. In general, the import price, however, posted a buoyant increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 104%. The import price peaked at $2,811 per ton in 2021, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,540 per ton), while the price for India ($464 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ghana (FOB) - 2022
In 2022, the average export price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $2,439 per ton, waning by -2.4% against the previous year. Overall, the export price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 190% against the previous year. The export price peaked at $4,074 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($5,090 per ton), while the average price for exports to Burkina Faso stood at $422 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+8.6%).
Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ghana
In 2022, imports of man-made filament yarn (other than sewing thread), put up for retail sale into Ghana expanded rapidly to 989 tons, growing by 11% against the previous year. The total import volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale fell notably to $1.5M in 2022. Overall, imports, however, faced a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. As a result, imports reached the peak of $2.5M, and then dropped rapidly in the following year.
| Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,030 | 1,977 | 2,408 | 1,274 | -14.4% |
| Togo | 31.9 | 1.7 | 41.6 | 90.9 | 41.8% |
| United Arab Emirates | 8.5 | 0.1 | 3.8 | 28.2 | 49.1% |
| India | 8.6 | 0.4 | 7.8 | 14.2 | 18.2% |
| Others | 95.5 | 2.5 | 48.1 | 89.6 | -2.1% |
| Total | 2,175 | 1,982 | 2,509 | 1,497 | -11.7% |
Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Ghana in 2022:
- China (827.0 tons)
- Togo (99.3 tons)
- India (30.5 tons)
- United Arab Emirates (24.2 tons)
Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ghana
In 2022, approx. 6.9 tons of man-made filament yarn (other than sewing thread), put up for retail sale were exported from Ghana; rising by 17% compared with 2021 figures. Overall, exports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year.
In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale expanded rapidly to $17K in 2022. In general, exports, however, saw a abrupt slump.
| Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 16.1 | 9.3 | 12.3 | 15.2 | -1.9% |
| Burkina Faso | 6.0 | 3.7 | 2.4 | 1.7 | -34.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 22.1 | 13.0 | 14.8 | 16.9 | -8.6% |
Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from Ghana in 2022:
- Burkina Faso (3.9 tons)
- Cote d'Ivoire (3.0 tons)
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