Price for Silk; Woven Fabrics of Noil Silk in Ghana - 2023
Contents:
- Price for Silk; Woven Fabrics of Noil Silk in Ghana (CIF) - 2022
- Price for Silk; Woven Fabrics of Noil Silk in Ghana (FOB) - 2022
- Imports of Silk; Woven Fabrics of Noil Silk in Ghana
- Exports of Silk; Woven Fabrics of Noil Silk in Ghana
Price for Silk; Woven Fabrics of Noil Silk in Ghana (CIF) - 2022
The average import price for silk; woven fabrics of noil silks stood at $2,679 per ton in 2022, declining by -33.4% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 57%. Over the period under review, average import prices reached the peak figure at $4,021 per ton in 2021, and then shrank remarkably in the following year.
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 India ($42,800 per ton), while the price for the United Arab Emirates ($415 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+36.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silk; Woven Fabrics of Noil Silk in Ghana (FOB) - 2022
The average export price for silk; woven fabrics of noil silks stood at $3,425 per ton in 2022, surging by 27% against the previous year. In general, the export price, however, saw a abrupt setback. The export price peaked at $16,000 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were South Africa ($4,000 per ton) and the United States ($4,000 per ton), while the average price for exports to the UK ($3,000 per ton) and Austria ($3,083 per ton) were amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-4.4%).
Imports of Silk; Woven Fabrics of Noil Silk in Ghana
In 2022, imports of silk; woven fabrics of noil silks into Ghana soared to 42 tons, with an increase of 515% compared with the previous year. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of silk; woven fabrics of noil silks skyrocketed to $113K in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Silk; Woven Fabrics of Noil Silk in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 0.3 | N/A | 8.8 | 54.9 | 467.7% |
| China | 0.1 | N/A | 3.9 | 44.3 | 662.3% |
| Lebanon | 0.2 | N/A | 0.2 | 6.8 | 224.0% |
| United Arab Emirates | N/A | N/A | N/A | 1.0 | 0% |
| Togo | N/A | N/A | 0.2 | 0.8 | 300.0% |
| Pakistan | N/A | N/A | 12.6 | N/A | 0% |
| Others | 0.2 | N/A | 1.9 | 5.1 | 194.3% |
| Total | 0.8 | N/A | 27.6 | 113 | 420.8% |
Top Suppliers of Silk; Woven Fabrics of Noil Silk to Ghana in 2022:
- China (33.9 tons)
- United Arab Emirates (2.4 tons)
- South Africa (2.3 tons)
- Lebanon (2.1 tons)
- Togo (0.6 tons)
Exports of Silk; Woven Fabrics of Noil Silk in Ghana
After two years of decline, shipments abroad of silk; woven fabrics of noil silks decreased by -92% to 40 kg in 2022. Over the period under review, exports faced a dramatic slump.
In value terms, exports of silk; woven fabrics of noil silks reduced notably to $137 in 2022. In general, exports faced a dramatic decline.
| Export of Silk; Woven Fabrics of Noil Silk in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 73.0 | 0% |
| Austria | N/A | N/A | N/A | 37.0 | 0% |
| United States | 565 | N/A | 57.0 | 16.0 | -69.5% |
| South Africa | 111 | N/A | 22.0 | 8.0 | -58.4% |
| United Kingdom | N/A | N/A | N/A | 3.0 | 0% |
| Sierra Leone | N/A | N/A | 465 | N/A | 0% |
| Nigeria | 1,661 | N/A | N/A | N/A | 0% |
| Kenya | N/A | N/A | 38.0 | N/A | 0% |
| Rwanda | N/A | N/A | 761 | N/A | 0% |
| Sudan | 1,051 | N/A | N/A | N/A | 0% |
| Others | 765 | N/A | N/A | N/A | 0% |
| Total | 4,153 | N/A | 1,343 | 137 | -67.9% |
Top Export Markets for Silk; Woven Fabrics of Noil Silk from Ghana in 2022:
- United Arab Emirates (21.0 kg)
- Austria (12.0 kg)
- United States (4.0 kg)
- South Africa (2.0 kg)
- United Kingdom (1.0 kg)
494
This report provides an in-depth analysis of the silk fabric market in Ghana.
459
Global Silk Woven Fabric Market Report 2018. This report provides an in-depth analysis of the global silk woven fabric market.
1515
This report provides an in-depth analysis of the global silk fabric market.
494
This report provides an in-depth analysis of the silk fabric market in Ghana.
459
Global Silk Woven Fabric Market Report 2018. This report provides an in-depth analysis of the global silk woven fabric market.
1515
This report provides an in-depth analysis of the global silk fabric market.
708
In value terms, woven fabrics of jute imports totaled $X in 2016. Overall, woven fabrics of jute imports continue to indicate a mild shrinkage. Over the period under review, global woven fabrics of...
735
In value terms, woven fabrics of other vegetable textile fibers imports stood at $X in 2016. In general, woven fabrics of other vegetable textile fibers imports continue to indicate a relatively fl...
713
In value terms, woven fabrics of artificial filament yarn imports totaled $X in 2016. In general, woven fabrics of artificial filament yarn imports continue to indicate a slight setback. Global wov...
744
In value terms, woven fabrics of jute exports totaled $X in 2016. Overall, woven fabrics of jute exports continue to indicate a relatively flat trend pattern. Global woven fabrics of jute export pe...
636
In value terms, woven fabrics of other vegetable textile fibers exports totaled $X in 2016. Overall, woven fabrics of other vegetable textile fibers exports continue to indicate a prominent expansi...
757
In value terms, woven fabrics of artificial filament yarn exports stood at $X in 2016. Overall, woven fabrics of artificial filament yarn exports continue to indicate a relatively flat trend patter...
1645
In 2016, approx. X tons of silk fabric were imported worldwide- dropping by -X% against the previous year level. Overall, silk fabric imports continue to indicate a significant downturn. The pac...
1085
In 2016, approx. X tons of silk fabric were imported worldwide- dropping by -X% against the previous year level. Overall, silk fabric imports continue to indicate a significant downturn. The pac...
708
In value terms, woven fabrics of jute imports totaled $X in 2016. Overall, woven fabrics of jute imports continue to indicate a mild shrinkage. Over the period under review, global woven fabrics of...
735
In value terms, woven fabrics of other vegetable textile fibers imports stood at $X in 2016. In general, woven fabrics of other vegetable textile fibers imports continue to indicate a relatively fl...
