Price for Lead Oxides; Red Lead and Orange Lead in Ghana - 2023

Contents:

1. Price for Lead Oxides; Red Lead and Orange Lead in Ghana (CIF) - 2023
2. Price for Lead Oxides; Red Lead and Orange Lead in Ghana (FOB) - 2022
3. Imports of Lead Oxides; Red Lead and Orange Lead in Ghana
4. Exports of Lead Oxides; Red Lead and Orange Lead in Ghana

Price for Lead Oxides; Red Lead and Orange Lead in Ghana (CIF) - 2023

The average import price for lead oxides; red lead and orange leads stood at $3,170 per ton in October 2023, flattening at the previous month. In general, the import price saw a slight shrinkage. The most prominent rate of growth was recorded in January 2023 an increase of 27% m-o-m. Over the period under review, average import prices hit record highs at $3,883 per ton in October 2022; however, from November 2022 to October 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for South Africa.

From October 2022 to October 2023, the rate of growth in terms of prices for South Africa amounted to -1.7% per month.

Price for Lead Oxides; Red Lead and Orange Lead in Ghana (FOB) - 2022

The average export price for lead oxides; red lead and orange leads stood at $3,511 per ton in 2022, declining by -17.9% against the previous year. Overall, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 21%. The export price peaked at $7,647 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guinea ($7,351 per ton), while the average price for exports to Cote d'Ivoire ($2,602 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 Guinea (-3.3%), while the prices for the other major destinations experienced a decline.

Imports of Lead Oxides; Red Lead and Orange Lead in Ghana

Imports of lead oxides; red lead and orange leads into Ghana expanded markedly to 478 tons in 2022, surging by 13% on the previous year. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 26%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of lead oxides; red lead and orange leads soared to $1.2M in 2022. In general, total imports indicated a tangible increase from 2019 to 2022: its value increased at an average annual rate of +4.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Top Suppliers of Lead Oxides; Red Lead and Orange Lead to Ghana in 2022:

1. South Africa (473.4 tons)

Exports of Lead Oxides; Red Lead and Orange Lead in Ghana

In 2022, the amount of lead oxides; red lead and orange leads exported from Ghana expanded rapidly to 42 tons, picking up by 14% compared with 2021. Overall, exports, however, saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 107%.

In value terms, exports of lead oxides; red lead and orange leads contracted to $149K in 2022. In general, exports, however, showed a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 128% against the previous year.

Top Export Markets for Lead Oxides; Red Lead and Orange Lead from Ghana in 2022:

1. Burkina Faso (11.0 tons)
2. Mali (10.6 tons)
3. Cote d'Ivoire (10.5 tons)
4. Nigeria (7.4 tons)
5. Niger (1.8 tons)
6. Guinea (0.9 tons)

Source: IndexBox Market Intelligence Platform