Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Ghana - 2023

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Ghana (CIF) - 2022
  2. Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Ghana

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Ghana (CIF) - 2022

The average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $4,354 per ton in 2022, waning by -23.8% against the previous year. In general, the import price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 an increase of 279% against the previous year. The import price peaked at $9,345 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Germany ($22,667 per ton), while the price for India ($333 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 Arab Emirates (+1,646.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Ghana

After two years of decline, purchases abroad of fabrics; looped pile fabrics, of cotton, knitted or crocheted increased by 96% to 308 kg in 2022. Over the period under review, imports, however, faced a precipitous descent.

In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted surged to $1.3K in 2022. In general, imports, however, faced a precipitous slump.

Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3403911101,04345.3%
FranceN/AN/AN/A2190%
Germany1,0771,51852568.0-60.2%
United States53.091.038.06.0-51.6%
India31.038.012.01.0-68.2%
United Arab Emirates552N/AN/AN/A0%
TurkeyN/AN/A66.0N/A0%
Others1,3511121464.0-85.6%
Total3,4042,1508971,341-26.7%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Ghana in 2022:

  1. China (278.0 kg)
  2. France (22.0 kg)
  3. India (3.0 kg)
  4. Germany (3.0 kg)
  5. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform

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