Ester Gums Price in Ghana - 2022

Contents:

  1. Ester Gums Price in Ghana (CIF) - 2022
  2. Ester Gums Imports in Ghana

Ester Gums Price in Ghana (CIF) - 2022

The average ester gums import price stood at $2,789 per ton in 2022, increasing by 13% against the previous year. Over the period under review, the import price showed pronounced growth. As a result, import price attained the peak level 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 Belgium.

From 2013 to 2022, the rate of growth in terms of prices for Belgium amounted to +5.1% per year.

Ester Gums Imports in Ghana

For the fourth consecutive year, Ghana recorded growth in overseas purchases of ester gumses, which increased by 62% to 8 tons in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 100% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, ester gums imports surged to $22K in 2022. In general, imports recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 105%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Ester Gums in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2.44.95.511.267.1%
Others2.44.96.811.267.1%
Total4.89.912.222.366.9%

Top Suppliers of Ester Gums to Ghana in 2022:

  1. Belgium (4.0 tons)

Source: IndexBox Market Intelligence Platform

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