Price for Iodides and Iodide Oxides in Ghana - 2023

Contents:

  1. Price for Iodides and Iodide Oxides in Ghana (CIF) - 2022
  2. Imports of Iodides and Iodide Oxides in Ghana

Price for Iodides and Iodide Oxides in Ghana (CIF) - 2022

The average iodides and iodide oxides import price stood at $16,405 per ton in 2022, dropping by -50.4% against the previous year. In general, the import price showed a slight reduction. The growth pace was the most rapid in 2016 when the average import price increased by 264%. As a result, import price reached the peak level of $63,614 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

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 ($196,667 per ton), while the price for India amounted to $10,257 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.2%), while the prices for the other major suppliers experienced a decline.

Imports of Iodides and Iodide Oxides in Ghana

In 2022, imports of iodides and iodide oxideses into Ghana surged to 1.2 tons, growing by 143% on 2021. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 388%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, iodides and iodide oxides imports skyrocketed to $20K in 2022. Over the period under review, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 521%. As a result, imports reached the peak of $24K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Iodides and Iodide Oxides in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1.92.23.712.386.4%
Belgium1.02.01.35.980.7%
United KingdomN/AN/A11.1N/A0%
DenmarkN/A18.4N/AN/A0%
Others0.91.10.72.030.5%
Total3.823.716.820.374.8%

Top Suppliers of Iodides and Iodide Oxides to Ghana in 2022:

  1. India (1202.0 kg)
  2. Belgium (30.0 kg)

Source: IndexBox Market Intelligence Platform

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