Price for Tobacco, (Not Stemmed or Stripped) in Ghana - 2022
Contents:
- Price for Tobacco, (Not Stemmed or Stripped) in Ghana (CIF) - 2022
- Imports of Tobacco, (Not Stemmed or Stripped) in Ghana
Price for Tobacco, (Not Stemmed or Stripped) in Ghana (CIF) - 2022
The average import price for tobacco, (not stemmed or stripped)s stood at $1,631 per ton in 2022, leveling off at the previous year. Over the period under review, the import price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2014 when the average import price increased by 102%. Over the period under review, average import prices reached the maximum at $5,319 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +2.8% per year.
Imports of Tobacco, (Not Stemmed or Stripped) in Ghana
In 2022, after three years of growth, there was significant decline in purchases abroad of tobacco, (not stemmed or stripped)s, when their volume decreased by -8.3% to 40 tons. The total import volume increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year.
In value terms, tobacco, (not stemmed or stripped) imports dropped to $65K in 2022. The total import value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 20%. As a result, imports reached the peak of $71K, and then reduced in the following year.
Import of Tobacco, (Not Stemmed or Stripped) in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 0.3 | 59.2 | 71.1 | 65.2 | 501.2% |
Nigeria | 49.0 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 49.4 | 59.2 | 71.1 | 65.2 | 9.7% |
Top Suppliers of Tobacco, (Not Stemmed or Stripped) to Ghana in 2022:
- India (39.9 tons)
This report provides an in-depth analysis of the unmanufactured tobacco market in Ghana.
This report provides an in-depth analysis of the global unmanufactured tobacco market.
This report provides an in-depth analysis of the unmanufactured tobacco market in Ghana.
This report provides an in-depth analysis of the global unmanufactured tobacco market.
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