Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Ghana - 2022
Contents:
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Ghana (CIF) - 2022
- Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Ghana (FOB) - 2022
- Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Ghana
- Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Ghana
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Ghana (CIF) - 2022
The average import price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $5,280 per ton in 2022, jumping by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The pace of growth appeared the most rapid in 2020 an increase of 36% against the previous year. The import price peaked at $5,637 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
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 the Netherlands ($8,579 per ton), while the price for Russia ($2,338 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Ghana (FOB) - 2022
The average export price for rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses stood at $2,722 per ton in 2022, with a decrease of -10.1% against the previous year. In general, the export price recorded a deep setback. The pace of growth was the most pronounced in 2016 an increase of 39% against the previous year. As a result, the export price attained the peak level of $12,371 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
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 Burkina Faso ($11,888 per ton), while the average price for exports to Togo amounted to $2,253 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (-0.2%).
Imports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Ghana
In 2022, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses into Ghana stood at 1.4K tons, growing by 2.5% against the year before. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 203%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses surged to $7.2M in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 311% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
Import of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 105 | 2,266 | 1,741 | 2,096 | 171.3% |
South Africa | 33.7 | 771 | 642 | 761 | 182.7% |
India | 123 | 264 | 535 | 525 | 62.2% |
Russia | N/A | 176 | 413 | 388 | 48.5% |
Canada | 37.2 | 121 | 152 | 170 | 65.9% |
Turkey | 96.2 | 91.1 | 44.2 | 115 | 6.1% |
Hungary | 12.8 | 66.7 | 170 | 112 | 106.1% |
Others | 1,193 | 2,820 | 2,360 | 3,048 | 36.7% |
Total | 1,601 | 6,576 | 6,059 | 7,215 | 65.2% |
Top Suppliers of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials to Ghana in 2022:
- South Africa (274.1 tons)
- Netherlands (244.4 tons)
- India (168.1 tons)
- Russia (165.8 tons)
- Canada (70.2 tons)
- Turkey (43.6 tons)
- Hungary (34.7 tons)
Exports of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Ghana
Exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses from Ghana reduced notably to 12 tons in 2022, which is down by -41.9% against the previous year. Overall, exports continue to indicate a dramatic contraction. The smallest decline of -15.2% was in 2020.
In value terms, exports of rubber; vulcanised, conveyor belts or belting, reinforced only with textile materialses shrank dramatically to $31K in 2022. In general, exports showed a significant decrease. The smallest decline of -32.6% was in 2020.
Export of Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Togo | 147 | 92.5 | 39.9 | 24.7 | -44.8% |
Burkina Faso | 25.1 | 23.7 | 20.2 | 6.7 | -35.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 172 | 116 | 60.1 | 31.4 | -43.3% |
Top Export Markets for Rubber; Vulcanised, Conveyor Belts or Belting, Reinforced Only with Textile Materials from Ghana in 2022:
- Togo (11.0 tons)
- Burkina Faso (0.6 tons)
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