Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Ghana - 2022

Contents:

  1. Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Ghana (CIF) - 2022
  2. Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Ghana

Price for Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Ghana (CIF) - 2022

The average import price for yarn; of fine animal hair, carded, not put up for retail sale stood at $92,494 per ton in 2022, increasing by 74% against the previous year. In general, the import price posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 279% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +18.8% per year.

Imports of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Ghana

In 2022, supplies from abroad of yarn; of fine animal hair, carded, not put up for retail sale decreased by -44.2% to 10 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 468% against the previous year. As a result, imports reached the peak of 18 tons, and then reduced markedly in the following year.

In value terms, imports of yarn; of fine animal hair, carded, not put up for retail sale dropped to $939K in 2022. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 2,054% against the previous year. As a result, imports attained the peak of $969K, and then contracted slightly in the following year.

Import of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.745.0969939359.2%
OthersN/AN/AN/AN/A0%
Total9.745.0969939359.2%

Top Suppliers of Yarn; of Fine Animal Hair, Carded, Not Put Up for Retail Sale to Ghana in 2022:

  1. China (10.2 tons)

Source: IndexBox Market Intelligence Platform

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