Salts; Tungstates (Wolframates) Price in Ghana - 2022
Contents:
- Salts; Tungstates (Wolframates) Price in Ghana (CIF) - 2022
- Salts; Tungstates (Wolframates) Imports in Ghana
Salts; Tungstates (Wolframates) Price in Ghana (CIF) - 2022
The average salts; tungstates (wolframates) import price stood at $20,231 per ton in 2022, remaining constant against the previous year. Overall, the import price enjoyed prominent growth. The growth pace was the most rapid in 2016 an increase of 489%. Over the period under review, average import prices hit record highs at $62,000 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($32,500 per ton), while the price for India totaled $18,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+33.5%).
Salts; Tungstates (Wolframates) Imports in Ghana
For the fourth consecutive year, Ghana recorded growth in purchases abroad of salts; tungstates (wolframates), which increased by 550% to 13 kg in 2022. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, salts; tungstates (wolframates) imports soared to $263 in 2022. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Salts; Tungstates (Wolframates) in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 15.0 | 14.0 | 11.0 | 198 | 136.3% |
| United Kingdom | 109 | 71.0 | 29.0 | 65.0 | -15.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 124 | 85.0 | 40.0 | 263 | 28.5% |
Top Suppliers of Salts; Tungstates (Wolframates) to Ghana in 2022:
- India (11.0 kg)
- United Kingdom (2.0 kg)
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