Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ghana - 2022
Contents:
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ghana (CIF) - 2022
- Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ghana (FOB) - 2022
- Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ghana
- Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ghana
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ghana (CIF) - 2022
In 2022, the average import price for raw cane sugar (without flavoring or coloring matter) amounted to $857 per ton, approximately mirroring the previous year. In general, the import price, however, saw a slight slump. The growth pace was the most rapid in 2018 an increase of 27%. Over the period under review, average import prices reached the maximum at $1,299 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($908 per ton), while the price for India ($741 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (+5.9%), while the prices for the other major suppliers experienced a decline.
Price for Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ghana (FOB) - 2022
In 2021, the average export price for raw cane sugar (without flavoring or coloring matter) amounted to $957 per ton, approximately mirroring the previous year. Overall, the export price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs at $1,000 per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2019 to 2021, the rate of growth in terms of prices for Canada amounted to 0.0% per year.
Imports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ghana
Imports of raw cane sugar (without flavoring or coloring matter) into Ghana reached 28 tons in 2022, picking up by 4% compared with the previous year. Over the period under review, imports, however, showed a deep contraction.
In value terms, imports of raw cane sugar (without flavoring or coloring matter) totaled $24K in 2022. Overall, imports, however, showed a abrupt decrease.
| Import of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 33.5 | 11.1 | 17.8 | 15.5 | -22.7% |
| South Africa | 12.2 | 7.2 | 4.0 | 7.5 | -15.0% |
| India | 0.1 | 6.8 | 0.8 | 0.8 | 100.0% |
| Others | 0.4 | 0.1 | 0.1 | 0.1 | -37.0% |
| Total | 46.2 | 25.1 | 22.7 | 23.9 | -19.7% |
Top Suppliers of Raw Cane Sugar (Without Flavoring or Coloring Matter) to Ghana in 2022:
- Thailand (17.1 tons)
- South Africa (9.6 tons)
- India (1.1 tons)
Exports of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ghana
Exports of raw cane sugar (without flavoring or coloring matter) from Ghana stood at 369 kg in 2021, therefore, remained relatively stable against the previous year's figure. In general, exports saw a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in the immediate term.
In value terms, exports of raw cane sugar (without flavoring or coloring matter) stood at $353 in 2021. Overall, exports showed a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see gradual growth in the near future.
| Export of Raw Cane Sugar (Without Flavoring or Coloring Matter) in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Canada | N/A | N/A | 353 | 0% | |
| Others | 1.0 | N/A | N/A | 0% | |
| Total | 1.0 | N/A | 353 | 1778.8% | |
Top Export Markets for Raw Cane Sugar (Without Flavoring or Coloring Matter) from Ghana in 2022:
- Canada (369.0 kg)
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