Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Ghana - 2022
Contents:
- Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Ghana (FOB) - 2022
- Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Ghana (CIF) - 2022
- Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Ghana
- Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Ghana
Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Ghana (FOB) - 2022
The average export price for oil seeds; cotton seeds, seed, whether or not broken stood at $120 per ton in 2022, with an increase of 2.7% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible slump. The growth pace was the most rapid in 2016 when the average export price increased by 148% against the previous year. As a result, the export price attained the peak level of $250 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Burkina Faso.
From 2012 to 2022, the rate of growth in terms of prices for Burkina Faso amounted to -2.9% per year.
Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Ghana (CIF) - 2022
In 2022, the average import price for oil seeds; cotton seeds, seed, whether or not broken amounted to $470 per ton, shrinking by -77.9% against the previous year. In general, the import price, however, saw a resilient increase. The growth pace was the most rapid in 2021 when the average import price increased by 147% against the previous year. As a result, import price reached the peak level of $2,131 per ton, and then declined dramatically in the following year.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for Burkina Faso amounted to +36.8% per year.
Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Ghana
For the third year in a row, Ghana recorded decline in overseas shipments of oil seeds; cotton seeds, seed, whether or not broken, which decreased by -87.6% to 15 tons in 2022. Overall, exports recorded a dramatic descent. The smallest decline of -37.5% was in 2020.
In value terms, exports of oil seeds; cotton seeds, seed, whether or not broken shrank sharply to $1.8K in 2022. Over the period under review, exports showed a sharp slump. The smallest decline of -35.8% was in 2020.
| Export of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burkina Faso | 26.0 | 32.6 | 14.4 | 1.8 | -58.9% |
| Mali | 24.9 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 50.9 | 32.6 | 14.4 | 1.8 | -67.2% |
Top Export Markets for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken from Ghana in 2022:
- Burkina Faso (15.2 tons)
Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Ghana
After two years of decline, overseas purchases of oil seeds; cotton seeds, seed, whether or not broken increased by 31% to 500 kg in 2022. In general, imports, however, showed a deep slump.
In value terms, imports of oil seeds; cotton seeds, seed, whether or not broken fell sharply to $235 in 2022. Over the period under review, imports, however, showed a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 28%. As a result, imports attained the peak of $814, and then shrank significantly in the following year.
| Import of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 499 | 1.0 | 179 | 235 | -22.2% |
| Cameroon | N/A | 633 | N/A | N/A | 0% |
| Kenya | N/A | N/A | 635 | N/A | 0% |
| Lebanon | 60.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 559 | 634 | 814 | 235 | -25.1% |
Top Suppliers of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken to Ghana in 2022:
- India (500.0 kg)
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