Price for Phosphates; N.E.S in Item No. 2835.2 in Ghana - 2023
Contents:
- Price for Phosphates; N.E.S in Item No. 2835.2 in Ghana (CIF) - 2022
- Imports of Phosphates; N.E.S in Item No. 2835.2 in Ghana
Price for Phosphates; N.E.S in Item No. 2835.2 in Ghana (CIF) - 2022
In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $1,559 per ton, dropping by -39.6% against the previous year. Overall, the import price saw a deep slump. The growth pace was the most rapid in 2018 when the average import price increased by 105%. The import price peaked at $3,889 per ton in 2015; however, from 2016 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 India ($6,623 per ton), while the price for China ($849 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Phosphates; N.E.S in Item No. 2835.2 in Ghana
In 2022, the amount of phosphates; n.e.s in item no. 2835.2s imported into Ghana soared to 88 tons, surging by 147% against the previous year's figure. In general, imports posted measured growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of phosphates; n.e.s in item no. 2835.2s surged to $145K in 2022. Over the period under review, imports, however, recorded a perceptible decline.
| Import of Phosphates; N.E.S in Item No. 2835.2 in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 50.9 | N/A | 6.3 | 47.6 | -2.2% |
| Germany | 40.2 | N/A | 43.8 | 38.4 | -1.5% |
| India | 16.8 | N/A | 19.2 | 22.1 | 9.6% |
| Belgium | 28.4 | N/A | 15.5 | 12.1 | -24.8% |
| South Africa | 6.6 | N/A | N/A | 10.8 | 17.8% |
| Netherlands | 4.4 | N/A | 5.5 | 8.0 | 22.1% |
| Others | 8.4 | N/A | 1.8 | 5.6 | -12.6% |
| Total | 156 | N/A | 92.2 | 145 | -2.4% |
Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Ghana in 2022:
- China (56.1 tons)
- Belgium (12.8 tons)
- Germany (7.7 tons)
- Netherlands (3.9 tons)
- India (3.3 tons)
- South Africa (2.7 tons)
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