Price for Metals; Palladium, Unwrought or in Powder Form in Ghana - 2022

Price for Metals; Palladium, Unwrought or in Powder Form in Ghana (CIF) - 2022

In 2022, the average import price for metals; palladium, unwrought or in powder forms amounted to $3,311,000 per ton, picking up by 30% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for metals; palladium, unwrought or in powder forms increased by +79.8% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 87% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +7.6% per year.

Imports of Metals; Palladium, Unwrought or in Powder Form in Ghana

In 2022, approx. 1 kg of metals; palladium, unwrought or in powder forms were imported into Ghana; leveling off at 2021 figures. Overall, imports recorded a relatively flat trend pattern. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of metals; palladium, unwrought or in powder forms surged to $3.3K in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.6% 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 +79.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.