Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Ghana - 2023
Contents:
- Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Ghana (CIF) - 2022
- Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Ghana
Price for Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Ghana (CIF) - 2022
The average import price for oils, essential; of lemon (terpeneless or not), including concretes and absoluteses stood at $4,262 per ton in 2022, shrinking by -31.8% against the previous year. In general, the import price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 154% against the previous year. Over the period under review, average import prices hit record highs at $8,285 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($11,861 per ton), while the price for Togo ($805 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Ghana
In 2022, after two years of decline, there was significant decline in overseas purchases of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses, when their volume decreased by -38.6% to 5.3 tons. In general, imports showed a abrupt setback.
In value terms, imports of oils, essential; of lemon (terpeneless or not), including concretes and absoluteses contracted rapidly to $22K in 2022. Over the period under review, imports recorded a mild reduction.
| Import of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 13.2 | N/A | 45.0 | 14.8 | 3.9% |
| Germany | 2.1 | N/A | 2.0 | 3.0 | 12.6% |
| India | 1.2 | N/A | 3.1 | 2.2 | 22.4% |
| Nigeria | 0.4 | N/A | 1.5 | 1.1 | 40.1% |
| United States | 0.5 | N/A | 0.6 | 0.6 | 6.3% |
| China | 2.1 | N/A | 0.7 | 0.5 | -38.0% |
| Togo | N/A | N/A | N/A | 0.3 | 0% |
| Mongolia | N/A | N/A | 0.2 | N/A | 0% |
| Egypt | 4.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.4 | 0.1 | -75.0% |
| Total | 23.5 | N/A | 53.5 | 22.4 | -1.6% |
Top Suppliers of Oils, Essential; of Lemon (Terpeneless or Not), Including Concretes and Absolutes to Ghana in 2022:
- United Kingdom (3104.0 kg)
- Nigeria (1147.0 kg)
- Togo (401.0 kg)
- Germany (278.0 kg)
- India (187.0 kg)
- United States (96.0 kg)
- China (44.0 kg)
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