Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Ghana - 2022

Contents:

1. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Ghana (CIF) - 2022
2. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Ghana (FOB) - 2022
3. Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Ghana
4. Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Ghana

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Ghana (CIF) - 2022

The average import price for tarpaulins, awnings and sunblinds of synthetic fibreses stood at $3,284 per ton in 2022, increasing by 9.1% against the previous year. In general, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tarpaulins, awnings and sunblinds of synthetic fibreses decreased by -5.6% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 36%. As a result, import price attained the peak level of $3,480 per ton. From 2020 to 2022, the average import prices remained 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 China ($4,559 per ton), while the price for Sweden ($229 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Ghana (FOB) - 2022

The average export price for tarpaulins, awnings and sunblinds of synthetic fibreses stood at $5,527 per ton in 2022, surging by 33% against the previous year. Over the period under review, the export price, however, recorded a pronounced decrease. The growth pace was the most rapid in 2017 when the average export price increased by 305% against the previous year. The export price peaked at $20,914 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($42,700 per ton), while the average price for exports to Niger amounted to $4,776 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Ghana

In 2022, approx. 179 tons of tarpaulins, awnings and sunblinds of synthetic fibreses were imported into Ghana; approximately equating 2021. Over the period under review, imports, however, saw a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 63%. As a result, imports reached the peak of 632 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tarpaulins, awnings and sunblinds of synthetic fibreses rose rapidly to $589K in 2022. In general, imports, however, recorded a sharp downturn. The pace of growth was the most pronounced in 2020 with an increase of 29% against the previous year. As a result, imports attained the peak of $1.7M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres to Ghana in 2022:

1. Pakistan (76.0 tons)
2. China (72.6 tons)
3. Sweden (11.7 tons)
4. Spain (11.7 tons)
5. United Arab Emirates (3.5 tons)
6. India (0.1 tons)

Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Ghana

In 2022, exports of tarpaulins, awnings and sunblinds of synthetic fibreses from Ghana declined remarkably to 505 kg, reducing by -23.5% compared with 2021. In general, exports saw a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 201% against the previous year.

In value terms, exports of tarpaulins, awnings and sunblinds of synthetic fibreses stood at $2.8K in 2022. Over the period under review, exports faced a dramatic shrinkage.

Top Export Markets for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres from Ghana in 2022:

1. Niger (495.0 kg)
2. Cote d'Ivoire (10.0 kg)

Source: IndexBox Market Intelligence Platform