Cerium Compounds Price in Ghana - 2023
Contents:
Cerium Compounds Price in Ghana (CIF) - 2022
The average cerium compounds import price stood at $48,200 per ton in 2022, surging by 50% against the previous year. Overall, the import price recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 216%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 India ($168,000 per ton), while the price for the UK ($16,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+58.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Cerium Compounds Imports in Ghana
In 2022, cerium compounds imports into Ghana dropped remarkably to 5 kg, reducing by -61.5% compared with 2021 figures. Overall, imports faced a precipitous descent. The most prominent rate of growth was recorded in 2021 with an increase of 117%.
In value terms, cerium compounds imports contracted markedly to $241 in 2022. In general, imports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 585% against the previous year.
| Import of Cerium Compounds in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 179 | 8.0 | 226 | 168 | -2.1% |
| United Kingdom | 164 | 25.0 | 88.0 | 32.0 | -42.0% |
| Germany | 93.0 | 16.0 | 62.0 | 25.0 | -35.5% |
| South Africa | 73.0 | 12.0 | 42.0 | 16.0 | -39.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 509 | 61.0 | 418 | 241 | -22.1% |
Top Suppliers of Cerium Compounds to Ghana in 2022:
- United Kingdom (2.0 kg)
- India (1.0 kg)
- Germany (1.0 kg)
- South Africa (1.0 kg)
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