Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ghana - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ghana (FOB) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ghana (CIF) - 2022
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ghana
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ghana
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ghana (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses stood at $2,100 per ton in 2022, falling by -16.6% against the previous year. In general, the export price, however, recorded a prominent increase. The growth pace was the most rapid in 2015 an increase of 175% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,517 per ton in 2021, and then contracted rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Senegal ($2,150 per ton), while the average price for exports to Cote d'Ivoire stood at $347 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (-15.3%).
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ghana (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; salts of formic acidses amounted to $3,412 per ton, surging by 51% against the previous year. In general, the import price saw a noticeable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($4,905 per ton), while the price for China ($923 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+25.9%), while the prices for the other major suppliers experienced a decline.
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ghana
In 2022, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses from Ghana soared to 144 tons, with an increase of 467% compared with the previous year's figure. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses surged to $302K in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Senegal | N/A | N/A | 31.9 | 150 | 370.2% |
| Cote d'Ivoire | N/A | N/A | N/A | 0.7 | 0% |
| Italy | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 32.0 | 151 | 371.9% |
| Total | 0.1 | N/A | 63.9 | 302 | 1345.4% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids from Ghana in 2022:
- Senegal (70.0 tons)
- Cote d'Ivoire (2.0 tons)
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ghana
Imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses into Ghana soared to 12 tons in 2022, with an increase of 162% on 2021 figures. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; salts of formic acidses soared to $42K in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 0.3 | N/A | 0.7 | 10.4 | 226.1% |
| China | N/A | N/A | 0.5 | 6.4 | 1180.0% |
| South Africa | N/A | N/A | 0.1 | 2.6 | 2500.0% |
| Belgium | N/A | N/A | N/A | 1.5 | 0% |
| United States | 0.5 | N/A | 8.6 | 0.3 | -15.7% |
| Others | N/A | N/A | 0.7 | 20.4 | 2814.3% |
| Total | 0.8 | N/A | 10.5 | 41.6 | 273.3% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Salts of Formic Acids to Ghana in 2022:
- China (7.0 tons)
- Spain (3.6 tons)
- South Africa (1.2 tons)
- Belgium (0.3 tons)
- United States (0.1 tons)
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