Price for Monophenols; Cresols and Their Salts in Ghana - 2022
Contents:
- Price for Monophenols; Cresols and Their Salts in Ghana (CIF) - 2022
- Imports of Monophenols; Cresols and Their Salts in Ghana
Price for Monophenols; Cresols and Their Salts in Ghana (CIF) - 2022
The average import price for monophenols; cresols and their saltses stood at $6,500 per ton in 2022, with an increase of 6.5% against the previous year. In general, the import price recorded a resilient increase. The most prominent rate of growth was recorded in 2021 an increase of 83%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($12,095 per ton), while the price for the UK totaled $6,407 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.5%).
Imports of Monophenols; Cresols and Their Salts in Ghana
In 2022, monophenols; cresols and their salts imports into Ghana plummeted to 12 tons, falling by -37.1% against the year before. In general, imports showed a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 80%.
In value terms, monophenols; cresols and their salts imports reduced markedly to $80K in 2022. Over the period under review, imports, however, saw a tangible expansion. The most prominent rate of growth was recorded in 2021 with an increase of 229% against the previous year. As a result, imports reached the peak of $120K, and then fell remarkably in the following year.
| Import of Monophenols; Cresols and Their Salts in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 60.4 | 35.9 | 118 | 77.7 | 8.8% |
| India | 0.5 | 0.5 | 0.9 | 2.4 | 68.7% |
| Hong Kong SAR | 6.7 | N/A | N/A | N/A | 0% |
| China | 5.5 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.4 | N/A | 0% |
| Total | 73.1 | 36.4 | 120 | 80.1 | 3.1% |
Top Suppliers of Monophenols; Cresols and Their Salts to Ghana in 2022:
- United Kingdom (12.1 tons)
- India (0.2 tons)
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