Price for Pectic Substances; Pectinates and Pectates in Ghana - 2023
Contents:
- Price for Pectic Substances; Pectinates and Pectates in Ghana (CIF) - 2022
- Imports of Pectic Substances; Pectinates and Pectates in Ghana
Price for Pectic Substances; Pectinates and Pectates in Ghana (CIF) - 2022
In 2022, the average import price for pectic substances; pectinates and pectateses amounted to $15,702 per ton, flattening at the previous year. In general, the import price recorded temperate growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 72% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($31,386 per ton), while the price for India ($1,506 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+20.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Pectic Substances; Pectinates and Pectates in Ghana
In 2022, overseas purchases of pectic substances; pectinates and pectateses decreased by -35.8% to 5 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 174%. As a result, imports attained the peak of 7.7 tons, and then shrank notably in the following year.
In value terms, pectic substances; pectinates and pectates imports shrank notably to $78K in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 239%. As a result, imports reached the peak of $120K, and then fell significantly in the following year.
| Import of Pectic Substances; Pectinates and Pectates in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 13.1 | 13.5 | 61.7 | 36.8 | 41.1% |
| Germany | 17.8 | 18.9 | 51.1 | 36.2 | 26.7% |
| India | 1.5 | 1.8 | 5.0 | 3.5 | 32.6% |
| United Kingdom | 1.1 | 0.9 | 1.6 | 0.8 | -10.1% |
| Others | 1.0 | 0.4 | 0.7 | 0.4 | -26.3% |
| Total | 34.4 | 35.4 | 120 | 77.8 | 31.3% |
Top Suppliers of Pectic Substances; Pectinates and Pectates to Ghana in 2022:
- India (2351.0 kg)
- Czech Republic (1386.0 kg)
- Germany (1154.0 kg)
- United Kingdom (46.0 kg)
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