Price for Tents of Synthetic Fibres in Ghana - 2022
Contents:
- Price for Tents of Synthetic Fibres in Ghana (CIF) - 2022
- Price for Tents of Synthetic Fibres in Ghana (FOB) - 2022
- Imports of Tents of Synthetic Fibres in Ghana
- Exports of Tents of Synthetic Fibres in Ghana
Price for Tents of Synthetic Fibres in Ghana (CIF) - 2022
The average tents of synthetic fibres import price stood at $7,441 per ton in 2022, growing by 50% against the previous year. Overall, the import price continues to indicate a noticeable increase. The pace of growth appeared the most rapid in 2019 an increase of 108%. As a result, import price reached the peak level of $7,795 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($12,321 per ton), while the price for the Netherlands ($1,259 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tents of Synthetic Fibres in Ghana (FOB) - 2022
The average tents of synthetic fibres export price stood at $4,941 per ton in 2022, reducing by -23.6% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 139%. As a result, the export price reached the peak level of $9,837 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Burkina Faso.
From 2012 to 2022, the rate of growth in terms of prices for Cameroon amounted to +73.3% per year.
Imports of Tents of Synthetic Fibres in Ghana
For the fourth year in a row, Ghana recorded growth in supplies from abroad of tents of synthetic fibreses, which increased by 42% to 510 tons in 2022. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, tents of synthetic fibres imports skyrocketed to $3.8M in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tents of Synthetic Fibres in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 504 | 1,342 | 1,567 | 3,008 | 81.4% |
| United Arab Emirates | 41.5 | 11.9 | 31.7 | 385 | 110.1% |
| United States | 25.8 | 11.4 | 47.3 | 131 | 71.9% |
| Canada | 5.1 | 1.7 | 5.1 | 82.8 | 153.2% |
| Lebanon | 70.5 | 7.6 | 7.6 | 12.5 | -43.8% |
| South Africa | 274 | 12.5 | 15.4 | 8.9 | -68.1% |
| Others | 909 | 97.3 | 112 | 170 | -42.8% |
| Total | 1,830 | 1,484 | 1,786 | 3,798 | 27.6% |
Top Suppliers of Tents of Synthetic Fibres to Ghana in 2022:
- China (390.5 tons)
- United States (56.5 tons)
- United Arab Emirates (31.3 tons)
- Canada (9.5 tons)
- Lebanon (8.0 tons)
- South Africa (2.0 tons)
Exports of Tents of Synthetic Fibres in Ghana
In 2022, tents of synthetic fibres exports from Ghana fell notably to 1.6 tons, shrinking by -34.8% against the previous year's figure. Over the period under review, exports saw a significant decline. The smallest decline of -30.7% was in 2021.
In value terms, tents of synthetic fibres exports reduced markedly to $7.8K in 2022. In general, exports faced a precipitous decrease. The smallest decline of -27.8% was in 2021.
| Export of Tents of Synthetic Fibres in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burkina Faso | 31.5 | 7.5 | 7.1 | 5.1 | -45.5% |
| Niger | N/A | 13.4 | N/A | N/A | 0% |
| Others | 0.6 | 0.8 | 8.7 | 2.8 | 67.1% |
| Total | 32.1 | 21.8 | 15.8 | 7.8 | -37.6% |
Top Export Markets for Tents of Synthetic Fibres from Ghana in 2022:
- Burkina Faso (1578.0 kg)
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