Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Ghana - 2023
Contents:
- Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Ghana (CIF) - 2022
- Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Ghana
Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Ghana (CIF) - 2022
In 2022, the average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $3,823 per ton, declining by -22.9% against the previous year. In general, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 73%. As a result, import price attained the peak level of $14,589 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($6,761 per ton), while the price for Turkey amounted to $3,123 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-0.8%), while the prices for the other major suppliers experienced a decline.
Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Ghana
For the third consecutive year, Ghana recorded decline in purchases abroad of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds, which decreased by -41.8% to 566 kg in 2022. In general, imports recorded a sharp contraction. The smallest decline of -17.7% was in 2021.
In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds dropped remarkably to $2.2K in 2022. Over the period under review, imports faced a sharp setback. The smallest decline of -33% was in 2021.
| Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 1.1 | 3.3 | 2.6 | 1.4 | 8.4% |
| China | 1.8 | 3.9 | 2.2 | 0.7 | -27.0% |
| India | 6.1 | N/A | N/A | N/A | 0% |
| Others | 1.8 | N/A | N/A | N/A | 0% |
| Total | 10.8 | 7.2 | 4.8 | 2.2 | -41.2% |
Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Ghana in 2022:
- Turkey (457.0 kg)
- China (109.0 kg)
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