Price for Aluminium; Powders and Flakes in Ghana - 2023
Contents:
- Price for Aluminium; Powders and Flakes in Ghana (CIF) - 2022
- Price for Aluminium; Powders and Flakes in Ghana (FOB) - 2022
- Imports of Aluminium; Powders and Flakes in Ghana
- 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.
Import of Aluminium; Powders and Flakes in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.8 | N/A | 0.7 | 8.9 | 47.0% |
India | N/A | N/A | 1.2 | 1.5 | 25.0% |
Italy | 0.1 | N/A | 0.5 | 0.7 | 91.3% |
China | 0.4 | N/A | 1.0 | 0.7 | 20.5% |
United Kingdom | N/A | N/A | 0.1 | 0.5 | 400.0% |
South Africa | 0.1 | N/A | 0.1 | 0.2 | 26.0% |
Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
Total | 3.5 | N/A | 3.7 | 12.8 | 54.1% |
Top Suppliers of Aluminium; Powders and Flakes to Ghana in 2022:
- United States (2039.0 kg)
- China (490.0 kg)
- India (204.0 kg)
- United Kingdom (176.0 kg)
- Italy (122.0 kg)
- 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.
Export of Aluminium; Powders and Flakes in Ghana (USD) | ||||
---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 |
Burkina Faso | 400 | N/A | 223 | -25.3% |
Cote d'Ivoire | N/A | N/A | 47.0 | 0% |
Niger | 269 | N/A | N/A | 0% |
Others | N/A | N/A | N/A | 0% |
Total | 669 | N/A | 270 | -36.5% |
Top Export Markets for Aluminium; Powders and Flakes from Ghana in 2022:
- Burkina Faso (69.0 kg)
- Cote d'Ivoire (6.0 kg)
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