Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ghana - 2022
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ghana (CIF) - 2022
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ghana (FOB) - 2022
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ghana
- Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ghana
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ghana (CIF) - 2022
The average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $19,435 per ton in 2022, picking up by 9% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol decreased by -7.7% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 32% against the previous year. Over the period under review, average import prices hit record highs at $22,874 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($32,242 per ton), while the price for Cote d'Ivoire ($6,130 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ghana (FOB) - 2022
The average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol stood at $14,083 per ton in 2022, falling by -7.2% against the previous year. Overall, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 an increase of 47% against the previous year. The export price peaked at $33,643 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Togo ($14,199 per ton), while the average price for exports to Cote d'Ivoire stood at $10,196 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Togo (-7.5%).
Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ghana
In 2022, after three years of growth, there was decline in purchases abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol, when their volume decreased by -2.5% to 82 tons. Overall, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 144% against the previous year.
In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol rose rapidly to $1.6M in 2022. Over the period under review, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 216% against the previous year. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 111 | 1,164 | 1,153 | 1,144 | 117.6% |
| India | 312 | 336 | 18.2 | 225 | -10.3% |
| Germany | 15.8 | 100 | 225 | 102 | 86.2% |
| Cote d'Ivoire | 30.7 | 37.9 | 45.5 | 53.5 | 20.3% |
| Others | 62.8 | 47.9 | 57.9 | 67.8 | 2.6% |
| Total | 533 | 1,686 | 1,499 | 1,593 | 44.0% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Ghana in 2022:
- China (56.4 tons)
- Cote d'Ivoire (8.7 tons)
- India (8.7 tons)
- Germany (4.9 tons)
Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ghana
In 2022, approx. 2.1 tons of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol were exported from Ghana; with an increase of 11% compared with the year before. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.7% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 31% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol rose modestly to $30K in 2022. In general, exports, however, continue to indicate a mild descent.
| Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Togo | 30.2 | 30.4 | 28.8 | 29.6 | -0.7% |
| Cote d'Ivoire | 1.3 | 0.6 | 0.6 | 0.6 | -22.7% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 31.5 | 31.1 | 29.4 | 30.3 | -1.3% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from Ghana in 2022:
- Togo (2.1 tons)
- Cote d'Ivoire (0.1 tons)
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