Price for Metals; Silver, Unwrought, (But Not Powder) in Ghana - 2022
Contents:
- Price for Metals; Silver, Unwrought, (But Not Powder) in Ghana (CIF) - 2022
- Price for Metals; Silver, Unwrought, (But Not Powder) in Ghana (FOB) - 2022
- Imports of Metals; Silver, Unwrought, (But Not Powder) in Ghana
- Exports of Metals; Silver, Unwrought, (But Not Powder) in Ghana
Price for Metals; Silver, Unwrought, (But Not Powder) in Ghana (CIF) - 2022
The average import price for metals; silver, unwrought, (but not powder) stood at $431,364 per ton in 2022, growing by 28% against the previous year. In general, the import price, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 246% against the previous year. Over the period under review, average import prices attained the maximum at $952,909 per ton in 2012; however, from 2013 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 the UK ($1,584,500 per ton), while the price for Australia amounted to $316,050 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+146.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Metals; Silver, Unwrought, (But Not Powder) in Ghana (FOB) - 2022
The average export price for metals; silver, unwrought, (but not powder) stood at $1,218,000 per ton in 2022, surging by 117% against the previous year. Over the period under review, the export price enjoyed a pronounced expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.
From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to +33.2% per year.
Imports of Metals; Silver, Unwrought, (But Not Powder) in Ghana
In 2022, imports of metals; silver, unwrought, (but not powder) into Ghana surged to 22 kg, increasing by 57% compared with the previous year's figure. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of metals; silver, unwrought, (but not powder) skyrocketed to $9.5K in 2022. Over the period under review, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 199% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Metals; Silver, Unwrought, (But Not Powder) in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 0.4 | 1.6 | 2.2 | 6.3 | 150.7% |
| United Kingdom | 0.8 | 2.2 | 2.6 | 3.2 | 58.7% |
| Lebanon | 0.1 | N/A | N/A | N/A | 0% |
| India | N/A | 0.1 | N/A | N/A | 0% |
| South Africa | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.3 | 3.8 | 4.7 | 9.5 | 94.1% |
Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Ghana in 2022:
- Australia (20.0 kg)
- United Kingdom (2.0 kg)
Exports of Metals; Silver, Unwrought, (But Not Powder) in Ghana
In 2022, shipments abroad of metals; silver, unwrought, (but not powder) decreased by -50% to 1 kg, falling for the second consecutive year after two years of growth. In general, exports faced a significant contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 100%. As a result, the exports reached the peak of 4 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of metals; silver, unwrought, (but not powder) rose remarkably to $1.2K in 2022. The total export value increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Metals; Silver, Unwrought, (But Not Powder) in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 1,030 | N/A | N/A | 1,218 | 5.7% |
| Australia | N/A | 1,074 | 1,119 | N/A | 4.2% |
| Switzerland | N/A | N/A | 1.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,030 | 1,074 | 1,120 | 1,218 | 5.7% |
Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Ghana in 2022:
- Cote d'Ivoire (1.0 kg)
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