Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana - 2023
Contents:
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana (CIF) - 2022
- Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana (FOB) - 2022
- Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana
- Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana (CIF) - 2022
The average import price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $879 per ton in 2022, falling by -4.2% against the previous year. Over the period under review, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in 2016 an increase of 8.1%. Over the period under review, average import prices hit record highs at $1,078 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($3,855 per ton), while the price for the Netherlands ($448 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana (FOB) - 2022
The average export price for acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $2,340 per ton in 2022, waning by -16.9% against the previous year. Overall, the export price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 117% against the previous year. The export price peaked at $3,722 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($9,460 per ton), while the average price for exports to Togo ($730 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana
In 2022, after three years of growth, there was significant decline in purchases abroad of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses, when their volume decreased by -10% to 12K tons. The total import volume increased at an average annual rate of +8.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. As a result, imports reached the peak of 13K tons, and then contracted in the following year.
In value terms, imports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses declined to $11M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.5% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 38% against the previous year. As a result, imports reached the peak of $12M, and then dropped in the following year.
| Import of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 2,033 | 2,009 | 2,673 | 2,593 | 8.4% |
| Netherlands | 561 | 490 | 1,359 | 1,767 | 46.6% |
| India | 577 | 730 | 1,219 | 1,037 | 21.6% |
| Saudi Arabia | 317 | 155 | 1,235 | 1,009 | 47.1% |
| China | 277 | 1,326 | 1,508 | 932 | 49.8% |
| Senegal | 258 | 328 | 450 | 414 | 17.1% |
| South Korea | 157 | 712 | 617 | 394 | 35.9% |
| United Arab Emirates | 373 | 443 | 549 | 357 | -1.5% |
| Malaysia | 212 | 105 | 111 | 334 | 16.4% |
| Indonesia | 427 | 323 | 73.6 | 266 | -14.6% |
| Belgium | 393 | 877 | 696 | 241 | -15.0% |
| Thailand | 339 | 430 | 115 | 171 | -20.4% |
| Russia | 227 | 193 | 33.6 | 142 | -14.5% |
| Others | 1,929 | 746 | 1,582 | 886 | -22.8% |
| Total | 8,081 | 8,867 | 12,221 | 10,544 | 9.3% |
Top Suppliers of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Ghana in 2022:
- Netherlands (3944.6 tons)
- South Africa (2241.2 tons)
- Saudi Arabia (1484.6 tons)
- India (1021.4 tons)
- China (627.4 tons)
- Belgium (347.1 tons)
- Malaysia (331.2 tons)
- Senegal (284.1 tons)
- United Arab Emirates (252.1 tons)
- Indonesia (232.1 tons)
- South Korea (198.1 tons)
- Russia (188.9 tons)
- Thailand (125.9 tons)
Exports of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana
In 2022, shipments abroad of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses decreased by -28.9% to 24 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 437%. As a result, the exports attained the peak of 33 tons, and then fell dramatically in the following year.
In value terms, exports of acyclic alcohols and their halogenated, sulphonated, nitrated or nitrosated derivativeses fell dramatically to $55K in 2022. In general, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 450%. As a result, the exports attained the peak of $93K, and then contracted notably in the following year.
| Export of Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 0.8 | 4.3 | 13.6 | 21.8 | 200.9% |
| India | 1.1 | 4.2 | 9.2 | 12.3 | 123.6% |
| Togo | 0.2 | 2.4 | 6.2 | 10.0 | 268.4% |
| Benin | 0.5 | 0.8 | 5.4 | 8.7 | 159.1% |
| Burkina Faso | 0.9 | 4.7 | 16.8 | 1.5 | 18.6% |
| Switzerland | N/A | N/A | 41.5 | N/A | 0% |
| Indonesia | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.4 | 0.5 | 0.8 | 100.0% |
| Total | 3.7 | 16.9 | 93.1 | 55.0 | 145.9% |
Top Export Markets for Acyclic Alcohols and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Ghana in 2022:
- Togo (13.6 tons)
- Benin (4.9 tons)
- Cote d'Ivoire (2.3 tons)
- India (1.8 tons)
- Burkina Faso (0.6 tons)
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