Price for Rattans Used Primarily for Plaiting in Ghana - 2023

Contents:

1. Price for Rattans Used Primarily for Plaiting in Ghana (FOB) - 2022
2. Exports of Rattans Used Primarily for Plaiting in Ghana

Price for Rattans Used Primarily for Plaiting in Ghana (FOB) - 2022

The average export price for rattans used primarily for plaitings stood at $459 per ton in 2022, which is down by -28.8% against the previous year. Over the period under review, the export price showed a perceptible decline. The pace of growth appeared the most rapid in 2020 an increase of 534% against the previous year. As a result, the export price reached the peak level of $5,190 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($1,333 per ton), while the average price for exports to Burkina Faso ($288 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (-7.7%).

Exports of Rattans Used Primarily for Plaiting in Ghana

In 2022, shipments abroad of rattans used primarily for plaitings was finally on the rise to reach 148 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a dramatic shrinkage.

In value terms, rattans used primarily for plaiting exports dropped markedly to $68 in 2022. In general, exports, however, recorded a sharp downturn. The growth pace was the most rapid in 2020 when exports increased by 462%. As a result, the exports reached the peak of $3.3K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Rattans Used Primarily for Plaiting from Ghana in 2022:

1. Czech Republic (84.0 kg)
2. Burkina Faso (52.0 kg)
3. Switzerland (12.0 kg)

Source: IndexBox Market Intelligence Platform