Price for Hydrogen, Rare Gases and Other Non-Metals in Ghana - 2022
Contents:
- Price for Hydrogen, Rare Gases and Other Non-Metals in Ghana (CIF) - 2022
- Price for Hydrogen, Rare Gases and Other Non-Metals in Ghana (FOB) - 2022
- Imports of Hydrogen, Rare Gases and Other Non-Metals in Ghana
- Exports of Hydrogen, Rare Gases and Other Non-Metals in Ghana
Price for Hydrogen, Rare Gases and Other Non-Metals in Ghana (CIF) - 2022
In 2022, the average import price for hydrogen, rare gases and other non-metalses amounted to $5.3 per cubic meter, reducing by -13% against the previous year. Over the period under review, the import price, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 1,220% against the previous year. As a result, import price reached the peak level of $11 per cubic meter. From 2021 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +4.7% per year.
Price for Hydrogen, Rare Gases and Other Non-Metals in Ghana (FOB) - 2022
In 2022, the average export price for hydrogen, rare gases and other non-metalses amounted to $2.5 per cubic meter, falling by -24.3% against the previous year. Over the period under review, the export price, however, saw noticeable growth. The most prominent rate of growth was recorded in 2020 an increase of 79% against the previous year. As a result, the export price reached the peak level of $4.4 per cubic meter. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($12 per cubic meter), while the average price for exports to Benin ($1.5 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (+137.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hydrogen, Rare Gases and Other Non-Metals in Ghana
In 2022, imports of hydrogen, rare gases and other non-metalses into Ghana shrank to 415K cubic meters, with a decrease of -9% on the previous year's figure. Over the period under review, imports showed a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 221%. Imports peaked at 1.7M cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of hydrogen, rare gases and other non-metalses declined notably to $2.2M in 2022. In general, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 72%. As a result, imports reached the peak of $2.8M, and then declined sharply in the following year.
| Import of Hydrogen, Rare Gases and Other Non-Metals in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 204 | 1,605 | 2,759 | 2,182 | 120.3% |
| Cote d'Ivoire | 788 | N/A | N/A | N/A | 0% |
| Belgium | 60.3 | N/A | N/A | N/A | 0% |
| China | 182 | N/A | N/A | N/A | 0% |
| United Kingdom | 110 | N/A | N/A | N/A | 0% |
| Others | 151 | N/A | N/A | N/A | 0% |
| Total | 1,496 | 1,605 | 2,759 | 2,182 | 13.4% |
Top Suppliers of Hydrogen, Rare Gases and Other Non-Metals to Ghana in 2022:
- United Arab Emirates (414.6K cubic meters)
Exports of Hydrogen, Rare Gases and Other Non-Metals in Ghana
In 2022, exports of hydrogen, rare gases and other non-metalses from Ghana surged to 70K cubic meters, increasing by 27% against the previous year's figure. In general, exports, however, recorded a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year. The exports peaked at 96K cubic meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of hydrogen, rare gases and other non-metalses declined slightly to $177K in 2022. Over the period under review, exports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 7.6% against the previous year. The exports peaked at $238K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Hydrogen, Rare Gases and Other Non-Metals in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Togo | 46.3 | 22.2 | 70.0 | 73.5 | 16.7% |
| Benin | 0.9 | 15.8 | 27.8 | 40.6 | 256.0% |
| Mozambique | N/A | N/A | N/A | 36.5 | 0% |
| Cote d'Ivoire | 143 | 70.0 | 85.8 | 26.0 | -43.3% |
| Niger | N/A | 3.5 | N/A | N/A | 0% |
| Mali | 42.5 | N/A | N/A | N/A | 0% |
| Others | 5.8 | 59.1 | N/A | 0.3 | -62.7% |
| Total | 238 | 171 | 184 | 177 | -9.4% |
Top Export Markets for Hydrogen, Rare Gases and Other Non-Metals from Ghana in 2022:
- Benin (27.7K cubic meters)
- Mozambique (24.1K cubic meters)
- Togo (15.4K cubic meters)
- Cote d'Ivoire (2.1K cubic meters)
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