Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Ghana - 2022

Contents:

  1. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Ghana (CIF) - 2022
  2. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Ghana (FOB) - 2022
  3. Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Ghana
  4. Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Ghana

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Ghana (CIF) - 2022

The average import price for tents of textile materials other than cotton or synthetic fibreses stood at $10,726 per ton in 2022, surging by 15% against the previous year. Over the period under review, the import price recorded a strong increase. The growth pace was the most rapid in 2020 an increase of 83%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($38,529 per ton), while the price for Belgium ($588 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 States (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Ghana (FOB) - 2022

The average export price for tents of textile materials other than cotton or synthetic fibreses stood at $4,581 per ton in 2022, with an increase of 8.6% against the previous year. Overall, the export price, however, saw a deep reduction. The growth pace was the most rapid in 2013 an increase of 76% against the previous year. The export price peaked at $14,769 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Madagascar ($8,276 per ton), while the average price for exports to Cote d'Ivoire ($843 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+3.1%), while the prices for the other major destinations experienced a decline.

Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Ghana

In 2022, after three years of growth, there was significant decline in purchases abroad of tents of textile materials other than cotton or synthetic fibreses, when their volume decreased by -69.5% to 103 tons. In general, imports recorded a slight curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 156% against the previous year. As a result, imports reached the peak of 337 tons, and then reduced sharply in the following year.

In value terms, imports of tents of textile materials other than cotton or synthetic fibreses declined remarkably to $1.1M in 2022. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 200%. As a result, imports attained the peak of $3.1M, and then shrank significantly in the following year.

Import of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States23.32761,545542185.5%
Pakistan15233.033226119.7%
South Africa53.26251,02210927.0%
China12549.240.092.8-9.5%
Philippines2.94.563.629.3116.2%
United Kingdom9.45.714.55.8-14.9%
Belgium6.12.16.22.8-22.9%
Others99.853.212062.6-14.4%
Total4721,0493,1431,10532.8%

Top Suppliers of Tents of Textile Materials Other than Cotton or Synthetic Fibres to Ghana in 2022:

  1. Pakistan (31.8 tons)
  2. China (20.2 tons)
  3. United States (14.1 tons)
  4. United Kingdom (7.6 tons)
  5. South Africa (7.2 tons)
  6. Philippines (4.9 tons)
  7. Belgium (4.8 tons)

Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Ghana

In 2022, approx. 44 tons of tents of textile materials other than cotton or synthetic fibreses were exported from Ghana; jumping by 1,260% against the year before. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of tents of textile materials other than cotton or synthetic fibreses skyrocketed to $201K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalawiN/AN/AN/A89.60%
MadagascarN/AN/AN/A64.20%
AngolaN/AN/AN/A32.10%
Burkina Faso0.73.24.913.2166.2%
Cote d'Ivoire0.10.10.20.791.3%
Niger9.36.92.80.6-59.9%
CongoN/AN/A5.6N/A0%
Others0.10.40.20.681.7%
Total10.310.613.6201169.2%

Top Export Markets for Tents of Textile Materials Other than Cotton or Synthetic Fibres from Ghana in 2022:

  1. Malawi (18.4 tons)
  2. Angola (14.3 tons)
  3. Madagascar (7.8 tons)
  4. Burkina Faso (2.5 tons)
  5. Cote d'Ivoire (0.8 tons)
  6. Niger (0.1 tons)

Source: IndexBox Market Intelligence Platform

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