Price for Monumental or Building Stone, Other than Granite and Sandstone in Ghana - 2023
Contents:
- Price for Monumental or Building Stone, Other than Granite and Sandstone in Ghana (CIF) - 2022
- Price for Monumental or Building Stone, Other than Granite and Sandstone in Ghana (FOB) - 2022
- Imports of Monumental or Building Stone, Other than Granite and Sandstone in Ghana
- Exports of Monumental or Building Stone, Other than Granite and Sandstone in Ghana
Price for Monumental or Building Stone, Other than Granite and Sandstone in Ghana (CIF) - 2022
The average import price for monumental or building stone, other than granite and sandstone stood at $76 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price saw a deep downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 88% against the previous year. As a result, import price reached the peak level of $323 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
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 China ($217 per ton), while the price for Lebanon ($39 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-4.3%), while the prices for the other major suppliers experienced a decline.
Price for Monumental or Building Stone, Other than Granite and Sandstone in Ghana (FOB) - 2022
In 2022, the average export price for monumental or building stone, other than granite and sandstone amounted to $4,818 per ton, rising by 14,097% against the previous year. Overall, the export price posted a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($1,269,882 per ton), while the average price for exports to Cote d'Ivoire ($4,784 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 South Africa (+94.5%).
Imports of Monumental or Building Stone, Other than Granite and Sandstone in Ghana
In 2022, the amount of monumental or building stone, other than granite and sandstone imported into Ghana surged to 926 tons, picking up by 26% against 2021. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 428%. As a result, imports attained the peak of 1.1K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of monumental or building stone, other than granite and sandstone skyrocketed to $71K in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 200% against the previous year. As a result, imports attained the peak of $85K. From 2021 to 2022, the growth of imports of remained at a lower figure.
Import of Monumental or Building Stone, Other than Granite and Sandstone in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | N/A | N/A | N/A | 22.8 | 0% |
Lebanon | N/A | N/A | N/A | 14.0 | 0% |
India | 0.1 | 1.5 | 6.9 | 13.8 | 416.8% |
Turkey | N/A | N/A | 14.0 | 5.8 | -58.6% |
China | 27.6 | 79.6 | 3.0 | 4.0 | -47.5% |
Cote d'Ivoire | N/A | N/A | 20.3 | N/A | 0% |
Others | 0.7 | 3.8 | 12.5 | 10.4 | 145.8% |
Total | 28.4 | 85.0 | 56.7 | 70.8 | 35.6% |
Top Suppliers of Monumental or Building Stone, Other than Granite and Sandstone to Ghana in 2022:
- Lebanon (359.2 tons)
- India (230.9 tons)
- Indonesia (206.8 tons)
- Turkey (99.5 tons)
- China (18.5 tons)
Exports of Monumental or Building Stone, Other than Granite and Sandstone in Ghana
In 2022, shipments abroad of monumental or building stone, other than granite and sandstone decreased by 99.9% to 11 kg, falling for the second year in a row after two years of growth. Overall, exports recorded a dramatic setback. The most prominent rate of growth was recorded in 2020 when exports increased by 39%. As a result, the exports attained the peak of 381 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of monumental or building stone, other than granite and sandstone shrank sharply to $53 in 2022. In general, exports continue to indicate a significant curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 47% against the previous year. As a result, the exports reached the peak of $13K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
Export of Monumental or Building Stone, Other than Granite and Sandstone in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cote d'Ivoire | 0.1 | 13.2 | 11.1 | 0.1 | 0.0% |
Benin | 8.9 | N/A | N/A | N/A | 0% |
South Africa | N/A | N/A | N/A | N/A | 0% |
Turkey | N/A | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 9.0 | 13.2 | 11.1 | 0.1 | -77.7% |
Top Export Markets for Monumental or Building Stone, Other than Granite and Sandstone from Ghana in 2022:
- Cote d'Ivoire (11.0 kg)
- Turkey (1.0 kg)
- South Africa (1.0 kg)
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