Price for Handkerchiefs (Not Knitted or Crocheted) in Ghana - 2023

Contents:

  1. Price for Handkerchiefs (Not Knitted or Crocheted) in Ghana (CIF) - 2022
  2. Price for Handkerchiefs (Not Knitted or Crocheted) in Ghana (FOB) - 2022
  3. Imports of Handkerchiefs (Not Knitted or Crocheted) in Ghana
  4. Exports of Handkerchiefs (Not Knitted or Crocheted) in Ghana

Price for Handkerchiefs (Not Knitted or Crocheted) in Ghana (CIF) - 2022

The average import price for handkerchiefs (not knitted or crocheted)s stood at $1 per unit in 2022, jumping by 42% against the previous year. Overall, the import price posted a significant expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 44% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

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 ($1.1 per unit), while the price for India ($184 per thousand units) 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 (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Handkerchiefs (Not Knitted or Crocheted) in Ghana (FOB) - 2022

The average export price for handkerchiefs (not knitted or crocheted)s stood at $29 per thousand units in 2022, which is down by -99.1% against the previous year. In general, the export price continues to indicate a significant curtailment. The pace of growth was the most pronounced in 2017 an increase of 24,353% against the previous year. The export price peaked at $14 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Niger.

From 2012 to 2022, the rate of growth in terms of prices for Burkina Faso amounted to -94.7% per year.

Imports of Handkerchiefs (Not Knitted or Crocheted) in Ghana

In 2022, supplies from abroad of handkerchiefs (not knitted or crocheted)s decreased by -69.8% to 297K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports continue to indicate a significant contraction. Imports peaked at 10M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, handkerchiefs (not knitted or crocheted) imports shrank markedly to $303K in 2022. In general, imports recorded a sharp contraction. Imports peaked at $705K in 2021, and then fell significantly in the following year.

Import of Handkerchiefs (Not Knitted or Crocheted) in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China590N/A689290-21.1%
United Arab EmiratesN/AN/A4.48.081.8%
India3.7N/A8.62.1-17.2%
Others2.2N/A3.12.99.6%
Total596N/A705303-20.2%

Top Suppliers of Handkerchiefs (Not Knitted or Crocheted) to Ghana in 2022:

  1. China (266.4K units)
  2. India (11.1K units)
  3. United Arab Emirates (10.4K units)

Exports of Handkerchiefs (Not Knitted or Crocheted) in Ghana

In 2022, the amount of handkerchiefs (not knitted or crocheted)s exported from Ghana skyrocketed to 12K units, growing by 48,404% on 2021 figures. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, handkerchiefs (not knitted or crocheted) exports soared to $350 in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Handkerchiefs (Not Knitted or Crocheted) in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
NigerN/AN/AN/A82.00%
Others19.023.082.0268141.6%
Total19.023.082.0350164.1%

Top Export Markets for Handkerchiefs (Not Knitted or Crocheted) from Ghana in 2022:

  1. Niger (12.0K units)

Source: IndexBox Market Intelligence Platform

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