Price for Cotton; Garnetted Stock Waste in Ghana - 2023

Contents:

1. Price for Cotton; Garnetted Stock Waste in Ghana (CIF) - 2022
2. Imports of Cotton; Garnetted Stock Waste in Ghana

Price for Cotton; Garnetted Stock Waste in Ghana (CIF) - 2022

In 2022, the average cotton; garnetted stock waste import price amounted to $8,857 per ton, picking up by 163% against the previous year. In general, the import price enjoyed a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($20,000 per ton), while the price for the UK ($143 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.9%), while the prices for the other major suppliers experienced a decline.

Imports of Cotton; Garnetted Stock Waste in Ghana

In 2022, supplies from abroad of cotton; garnetted stock waste decreased by -60% to 14 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 217% against the previous year.

In value terms, cotton; garnetted stock waste imports rose markedly to $124 in 2022. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 319%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Cotton; Garnetted Stock Waste to Ghana in 2022:

1. United Kingdom (7.0 kg)
2. China (6.0 kg)
3. India (1.0 kg)

Source: IndexBox Market Intelligence Platform