Price for Aluminium; Powders and Flakes in Ghana - 2023

Contents:

1. Price for Aluminium; Powders and Flakes in Ghana (CIF) - 2022
2. Price for Aluminium; Powders and Flakes in Ghana (FOB) - 2022
3. Imports of Aluminium; Powders and Flakes in Ghana
4. Exports of Aluminium; Powders and Flakes in Ghana

Price for Aluminium; Powders and Flakes in Ghana (CIF) - 2022

The average aluminium; powders and flakes import price stood at $4,101 per ton in 2022, rising by 48% against the previous year. Over the period under review, the import price enjoyed a noticeable expansion. As a result, import price reached 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 India ($7,480 per ton), while the price for China ($1,437 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 (-0.4%), while the prices for the other major suppliers experienced a decline.

Price for Aluminium; Powders and Flakes in Ghana (FOB) - 2022

In 2021, the average aluminium; powders and flakes export price amounted to $3,600 per ton, flattening at the previous year. Over the period under review, the export price showed a noticeable setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 86% against the previous year. The export price peaked at $4,600 per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($7,833 per ton), while the average price for exports to Burkina Faso stood at $3,232 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (-3.7%).

Imports of Aluminium; Powders and Flakes in Ghana

In 2022, aluminium; powders and flakes imports into Ghana skyrocketed to 3.1 tons, with an increase of 138% against the year before. Over the period under review, imports continue to indicate a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, aluminium; powders and flakes imports surged to $13K in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Aluminium; Powders and Flakes to Ghana in 2022:

1. United States (2039.0 kg)
2. China (490.0 kg)
3. India (204.0 kg)
4. United Kingdom (176.0 kg)
5. Italy (122.0 kg)
6. South Africa (56.0 kg)

Exports of Aluminium; Powders and Flakes in Ghana

In 2021, approx. 75 kg of aluminium; powders and flakeses were exported from Ghana; remaining relatively unchanged against the previous year. In general, exports continue to indicate a sharp decrease. The smallest decline of 99.9% was in 2020.

In value terms, aluminium; powders and flakes exports totaled $270 in 2021. Overall, exports recorded a dramatic descent. The smallest decline of 99.9% was in 2020.

Top Export Markets for Aluminium; Powders and Flakes from Ghana in 2022:

1. Burkina Faso (69.0 kg)
2. Cote d'Ivoire (6.0 kg)

Source: IndexBox Market Intelligence Platform