Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Ghana - 2022
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Ghana (CIF) - 2022
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Ghana (FOB) - 2022
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Ghana
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Ghana
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Ghana (CIF) - 2022
In 2022, the average import price for yarn of carded wool, not put up for retail sale amounted to $9,375 per ton, shrinking by -81.2% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 519% against the previous year. As a result, import price reached the peak level of $49,833 per ton, and then declined dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($10,520 per ton), while the price for Togo stood at $5,286 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+52.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Ghana (FOB) - 2022
In 2022, the average export price for yarn of carded wool, not put up for retail sale amounted to $5,000 per ton, jumping by 87% against the previous year. In general, the export price saw a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.
From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to +9.3% per year.
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Ghana
In 2022, imports of yarn of carded wool, not put up for retail sale into Ghana surged to 32 kg, increasing by 433% on 2021 figures. Over the period under review, imports continue to indicate a significant expansion.
In value terms, imports of yarn of carded wool, not put up for retail sale totaled $300 in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 0.3%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.0 | 255 | 8.0 | 263 | 165.8% |
| Togo | 3.0 | 43.0 | 1.0 | 37.0 | 131.0% |
| Norway | 281 | N/A | 290 | N/A | 1.6% |
| Others | 1.0 | N/A | N/A | N/A | 0% |
| Total | 299 | 298 | 299 | 300 | 0.1% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Ghana in 2022:
- China (25.0 kg)
- Togo (7.0 kg)
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Ghana
For the third consecutive year, Ghana recorded decline in overseas shipments of yarn of carded wool, not put up for retail sale, which decreased by -66.7% to 1 kg in 2022. Overall, exports continue to indicate a dramatic contraction.
In value terms, exports of yarn of carded wool, not put up for retail sale reduced sharply to $5 in 2022. In general, exports continue to indicate a precipitous shrinkage.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 97.0 | 40.0 | 7.0 | 5.0 | -62.8% |
| Canada | N/A | N/A | 1.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 97.0 | 40.0 | 8.0 | 5.0 | -62.8% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Ghana in 2022:
- Cote d'Ivoire (1.0 kg)
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