Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Ghana - 2023
Contents:
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Ghana (CIF) - 2022
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Ghana (FOB) - 2022
- Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Ghana
- Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Ghana
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Ghana (CIF) - 2022
The average import price for articles of precious metal or of metal clad with precious metal stood at $2,620 per ton in 2022, with a decrease of -39% against the previous year. In general, the import price saw a deep reduction. The growth pace was the most rapid in 2013 an increase of 62%. As a result, import price attained the peak level of $15,852 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($17,087 per ton), while the price for the Netherlands ($1,603 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Ghana (FOB) - 2022
The average export price for articles of precious metal or of metal clad with precious metal stood at $277,571 per ton in 2022, with an increase of 3,370% against the previous year. Overall, the export price continues to indicate significant growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 12,181% against the previous year. The export price peaked at $302,010 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 Burkina Faso ($302,167 per ton), while the average price for exports to France totaled $130,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+27.3%).
Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Ghana
Imports of articles of precious metal or of metal clad with precious metal into Ghana soared to 20 tons in 2022, rising by 245% against the year before. Overall, imports recorded a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of articles of precious metal or of metal clad with precious metal skyrocketed to $52K in 2022. In general, imports showed a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | N/A | 7.2 | 16.3 | 126.4% |
Australia | 3.3 | N/A | N/A | 12.3 | 55.0% |
Netherlands | 0.1 | N/A | N/A | 11.6 | 387.7% |
United States | 4.6 | N/A | 1.0 | 3.0 | -13.3% |
United Kingdom | 10.9 | N/A | N/A | 0.2 | -73.6% |
Belgium | 0.6 | N/A | 7.6 | 0.1 | -45.0% |
South Africa | 15.2 | N/A | N/A | N/A | 0% |
Others | 7.1 | N/A | 8.9 | 8.3 | 5.3% |
Total | 41.9 | N/A | 24.6 | 51.9 | 7.4% |
Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Ghana in 2022:
- Netherlands (7.2 tons)
- Australia (6.2 tons)
- China (5.4 tons)
- United States (0.2 tons)
- Belgium (0.1 tons)
Exports of Articles of Precious Metal or of Metal Clad with Precious Metal in Ghana
In 2022, approx. 7 kg of articles of precious metal or of metal clad with precious metal were exported from Ghana; jumping by 600% on 2021 figures. Over the period under review, exports, however, continue to indicate a dramatic contraction.
In value terms, exports of articles of precious metal or of metal clad with precious metal soared to $1.9K in 2022. Overall, exports, however, showed a noticeable downturn.
Export of Articles of Precious Metal or of Metal Clad with Precious Metal in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Burkina Faso | N/A | N/A | N/A | 1.8 | 0% |
France | N/A | N/A | N/A | 0.1 | 0% |
Cote d'Ivoire | 2.1 | N/A | N/A | N/A | 0% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 2.1 | N/A | N/A | 1.9 | -3.3% |
Top Export Markets for Articles of Precious Metal or of Metal Clad with Precious Metal from Ghana in 2022:
- Burkina Faso (6.0 kg)
- France (1.0 kg)
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