Price for Inorganic Acids; Other than Hydrogen Fluoride in Ghana - 2023
Contents:
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Ghana (CIF) - 2022
- Price for Inorganic Acids; Other than Hydrogen Fluoride in Ghana (FOB) - 2022
- Imports of Inorganic Acids; Other than Hydrogen Fluoride in Ghana
- Exports of Inorganic Acids; Other than Hydrogen Fluoride in Ghana
Price for Inorganic Acids; Other than Hydrogen Fluoride in Ghana (CIF) - 2022
The average import price for inorganic acids; other than hydrogen fluorides stood at $1,970 per ton in 2022, surging by 35% against the previous year. Overall, the import price recorded a strong increase. The growth pace was the most rapid in 2013 an increase of 45% against the previous year. The import price peaked at $1,999 per ton in 2014; afterwards, it flattened through to 2022.
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 Belgium ($4,695 per ton), while the price for Taiwan (Chinese) ($1,024 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+142.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Inorganic Acids; Other than Hydrogen Fluoride in Ghana (FOB) - 2022
In 2022, the average export price for inorganic acids; other than hydrogen fluorides amounted to $119,882 per ton, stabilizing at the previous year. In general, the export price posted a significant expansion. The pace of growth appeared the most rapid in 2020 an increase of 41%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($5,000 per ton), while the average price for exports to Mali ($1,564 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 Senegal (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Inorganic Acids; Other than Hydrogen Fluoride in Ghana
In 2022, approx. 260 tons of inorganic acids; other than hydrogen fluorides were imported into Ghana; jumping by 52% against the previous year's figure. Over the period under review, imports enjoyed 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 inorganic acids; other than hydrogen fluorides soared to $512K in 2022. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Inorganic Acids; Other than Hydrogen Fluoride in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 33.5 | N/A | 198 | 462 | 139.8% |
| Taiwan (Chinese) | 7.4 | N/A | 24.2 | 30.9 | 61.0% |
| Nigeria | N/A | N/A | 15.0 | N/A | 0% |
| Others | 5.3 | N/A | 11.3 | 19.3 | 53.8% |
| Total | 46.2 | N/A | 249 | 512 | 123.0% |
Top Suppliers of Inorganic Acids; Other than Hydrogen Fluoride to Ghana in 2022:
- China (225.9 tons)
- Taiwan (Chinese) (30.2 tons)
Exports of Inorganic Acids; Other than Hydrogen Fluoride in Ghana
For the third consecutive year, Ghana recorded decline in overseas shipments of inorganic acids; other than hydrogen fluorides, which decreased by 0% to 356 kg in 2022. Over the period under review, exports faced a sharp downturn. The smallest decline of -99.3% was in 2020.
In value terms, exports of inorganic acids; other than hydrogen fluorides amounted to $599 in 2022. In general, exports recorded a precipitous setback. The smallest decline of -99.3% was in 2020.
| Export of Inorganic Acids; Other than Hydrogen Fluoride in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mali | 2.7 | 0.1 | N/A | 0.5 | -43.0% |
| Burkina Faso | 15.7 | 0.1 | N/A | 0.1 | -81.5% |
| Senegal | 1.4 | N/A | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 19.9 | 0.1 | N/A | 0.6 | -68.9% |
Top Export Markets for Inorganic Acids; Other than Hydrogen Fluoride from Ghana in 2022:
- Mali (289.0 kg)
- Burkina Faso (66.0 kg)
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