Price for Ethylene Polymers; Waste, Parings and Scrap in Ghana - 2022
Contents:
- Price for Ethylene Polymers; Waste, Parings and Scrap in Ghana (FOB) - 2022
- Price for Ethylene Polymers; Waste, Parings and Scrap in Ghana (CIF) - 2022
- Exports of Ethylene Polymers; Waste, Parings and Scrap in Ghana
- Imports of Ethylene Polymers; Waste, Parings and Scrap in Ghana
Price for Ethylene Polymers; Waste, Parings and Scrap in Ghana (FOB) - 2022
The average export price for ethylene polymers; waste, parings and scraps stood at $477 per ton in 2022, approximately mirroring the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices attained the peak figure at $628 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($1,851 per ton), while the average price for exports to Spain ($280 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+28.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Ethylene Polymers; Waste, Parings and Scrap in Ghana (CIF) - 2022
In 2022, the average import price for ethylene polymers; waste, parings and scraps amounted to $146 per ton, with a decrease of -69.4% against the previous year. In general, the import price showed a slight slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 40%. Over the period under review, average import prices attained the maximum at $478 per ton in 2021, and then reduced remarkably in the following year.
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 the United States ($1,317 per ton), while the price for Burkina Faso ($28 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Ethylene Polymers; Waste, Parings and Scrap in Ghana
In 2022, approx. 1.2K tons of ethylene polymers; waste, parings and scraps were exported from Ghana; waning by -47.7% compared with the previous year's figure. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,917%. As a result, the exports attained the peak of 2.3K tons, and then shrank remarkably in the following year.
In value terms, exports of ethylene polymers; waste, parings and scraps fell dramatically to $585K in 2022. Overall, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 2,045%. As a result, the exports attained the peak of $1.1M, and then contracted dramatically in the following year.
| Export of Ethylene Polymers; Waste, Parings and Scrap in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | 802 | 251 | -68.7% |
| Italy | N/A | N/A | 268 | 222 | -17.2% |
| Slovakia | N/A | N/A | N/A | 45.6 | 0% |
| Togo | 16.2 | 5.6 | 3.9 | 14.1 | -4.5% |
| Belgium | 11.6 | 11.0 | 14.5 | 9.1 | -7.8% |
| Spain | 9.0 | 18.7 | 7.9 | 4.9 | -18.3% |
| Others | 12.5 | 16.8 | 21.7 | 37.7 | 44.5% |
| Total | 49.2 | 52.1 | 1,117 | 585 | 128.2% |
Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Ghana in 2022:
- Germany (694.8 tons)
- Italy (322.3 tons)
- Slovakia (83.6 tons)
- Togo (42.7 tons)
- Belgium (19.8 tons)
- Spain (17.6 tons)
Imports of Ethylene Polymers; Waste, Parings and Scrap in Ghana
After two years of decline, supplies from abroad of ethylene polymers; waste, parings and scraps increased by 265% to 2.8K tons in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of ethylene polymers; waste, parings and scraps expanded sharply to $409K in 2022. Overall, imports, however, showed a abrupt decrease.
| Import of Ethylene Polymers; Waste, Parings and Scrap in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 23.6 | 20.8 | 34.0 | 137 | 79.7% |
| Spain | 22.2 | 9.7 | 4.6 | 137 | 83.4% |
| Togo | 0.3 | 5.1 | 10.5 | 42.3 | 420.5% |
| China | 12.3 | 8.5 | 10.9 | 34.6 | 41.2% |
| United States | 452 | 375 | 300 | 29.4 | -59.8% |
| Nigeria | 8.4 | 5.6 | 6.4 | 25.2 | 44.2% |
| Burkina Faso | 0.9 | 0.6 | 0.9 | 2.9 | 47.7% |
| Others | 16.5 | 26.3 | N/A | 0.1 | -81.8% |
| Total | 536 | 451 | 367 | 409 | -8.6% |
Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Ghana in 2022:
- Spain (1630.6 tons)
- United Kingdom (692.4 tons)
- Nigeria (175.4 tons)
- Burkina Faso (104.7 tons)
- China (98.4 tons)
- Togo (80.4 tons)
- United States (22.3 tons)
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