Price for Cotton; Sewing Thread, Put Up for Retail Sale in Ghana - 2022
Contents:
- Price for Cotton; Sewing Thread, Put Up for Retail Sale in Ghana (CIF) - 2022
- Price for Cotton; Sewing Thread, Put Up for Retail Sale in Ghana (FOB) - 2022
- Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Ghana
- Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Ghana
Price for Cotton; Sewing Thread, Put Up for Retail Sale in Ghana (CIF) - 2022
In 2022, the average import price for cotton; sewing thread, put up for retail sale amounted to $2,135 per ton, waning by -30.4% against the previous year. Over the period under review, the import price continues to indicate a pronounced setback. The growth pace was the most rapid in 2015 when the average import price increased by 108% against the previous year. As a result, import price attained the peak level of $5,251 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -4.5% per year.
Price for Cotton; Sewing Thread, Put Up for Retail Sale in Ghana (FOB) - 2022
In 2022, the average export price for cotton; sewing thread, put up for retail sale amounted to $16,586 per ton, with an increase of 28% against the previous year. Over the last decade, it increased at an average annual rate of +4.1%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Ireland.
From 2012 to 2022, the rate of growth in terms of prices for Benin amounted to +9.0% per year.
Imports of Cotton; Sewing Thread, Put Up for Retail Sale in Ghana
For the fourth consecutive year, Ghana recorded growth in purchases abroad of cotton; sewing thread, put up for retail sale, which increased by 139% to 246 tons in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of cotton; sewing thread, put up for retail sale surged to $525K in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cotton; Sewing Thread, Put Up for Retail Sale in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 258 | 215 | 290 | 511 | 25.6% |
| Others | 9.7 | 18.2 | 25.6 | 14.2 | 13.5% |
| Total | 267 | 233 | 315 | 525 | 25.3% |
Top Suppliers of Cotton; Sewing Thread, Put Up for Retail Sale to Ghana in 2022:
- China (242.7 tons)
Exports of Cotton; Sewing Thread, Put Up for Retail Sale in Ghana
In 2022, approx. 870 kg of cotton; sewing thread, put up for retail sale were exported from Ghana; waning by -25.2% against 2021. Overall, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when exports increased by 45%. As a result, the exports reached the peak of 1.2 tons, and then declined sharply in the following year.
In value terms, exports of cotton; sewing thread, put up for retail sale reduced to $14K in 2022. The total export value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 45% against the previous year. As a result, the exports reached the peak of $15K, and then shrank in the following year.
| Export of Cotton; Sewing Thread, Put Up for Retail Sale in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | N/A | N/A | N/A | 14.4 | 0% |
| Benin | N/A | 2.3 | N/A | N/A | 0% |
| Burkina Faso | 12.6 | 6.8 | 11.1 | N/A | -6.1% |
| Niger | N/A | N/A | 4.0 | N/A | 0% |
| Cote d'Ivoire | 0.2 | 1.3 | N/A | N/A | 550.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 12.8 | 10.4 | 15.1 | 14.4 | 4.0% |
Top Export Markets for Cotton; Sewing Thread, Put Up for Retail Sale from Ghana in 2022:
- Ireland (870.0 kg)
518
This report provides an in-depth analysis of the cotton sewing thread market in Ghana.
1209
This report provides an in-depth analysis of the global cotton sewing thread market.
518
This report provides an in-depth analysis of the cotton sewing thread market in Ghana.
1209
This report provides an in-depth analysis of the global cotton sewing thread market.
1100
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1227
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1692
The global trade in cotton sewing thread amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by another X% decline in 2010, after which exports alternated be
1594
Despite a drop in exports in 2014, India remained one of the leaders in the global cotton sewing thread trade. In 2014, India exported X tons of cotton sewing thread totaling X million USD, X% under the previous year. Its primary trading partne
1100
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1227
In 2016, the global cotton sewing thread imports totaled X tons, remaining relatively unchanged against the previous year figure. In general, cotton sewing thread imports continue to indicate a pe...
1692
The global trade in cotton sewing thread amounted to X million USD in 2015, fluctuating mildly over the period under review. A X% drop in 2009 was followed by another X% decline in 2010, after which exports alternated be
1594
Despite a drop in exports in 2014, India remained one of the leaders in the global cotton sewing thread trade. In 2014, India exported X tons of cotton sewing thread totaling X million USD, X% under the previous year. Its primary trading partne
