Price for Petroleum Gases and Other Gaseous Hydrocarbons in Ghana - 2023

Contents:

1. Price for Petroleum Gases and Other Gaseous Hydrocarbons in Ghana (CIF) - 2022
2. Price for Petroleum Gases and Other Gaseous Hydrocarbons in Ghana (FOB) - 2022
3. Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Ghana
4. Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Ghana

Price for Petroleum Gases and Other Gaseous Hydrocarbons in Ghana (CIF) - 2022

In 2022, the average import price for petroleum gases and other gaseous hydrocarbonses amounted to $884 per ton, with an increase of 5% against the previous year. In general, the import price, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average import price increased by 40%. Over the period under review, average import prices hit record highs at $4,459 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($6,669 per ton), while the price for Panama ($436 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-15.6%), while the prices for the other major suppliers experienced a decline.

Price for Petroleum Gases and Other Gaseous Hydrocarbons in Ghana (FOB) - 2022

The average export price for petroleum gases and other gaseous hydrocarbonses stood at $931 per ton in 2022, increasing by 24% against the previous year. Overall, the export price, however, faced a abrupt setback. The growth pace was the most rapid in 2017 an increase of 127% against the previous year. The export price peaked at $4,037 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($1,222 per ton), while the average price for exports to Togo totaled $925 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (-6.4%), while the prices for the other major destinations experienced a decline.

Imports of Petroleum Gases and Other Gaseous Hydrocarbons in Ghana

Imports of petroleum gases and other gaseous hydrocarbonses into Ghana amounted to 365K tons in 2022, growing by 2.1% on the previous year's figure. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of petroleum gases and other gaseous hydrocarbonses rose notably to $322M in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Petroleum Gases and Other Gaseous Hydrocarbons to Ghana in 2022:

1. France (47.9K tons)
2. United States (29.1K tons)
3. Switzerland (16.9K tons)
4. Panama (4.0K tons)

Exports of Petroleum Gases and Other Gaseous Hydrocarbons in Ghana

In 2022, exports of petroleum gases and other gaseous hydrocarbonses from Ghana skyrocketed to 794 tons, with an increase of 824% compared with the previous year. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of petroleum gases and other gaseous hydrocarbonses surged to $739K in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Petroleum Gases and Other Gaseous Hydrocarbons from Ghana in 2022:

1. Togo (388.7 tons)
2. Oman (8.0 tons)

Source: IndexBox Market Intelligence Platform