Price for Rubber Thread and Cord; Textile Covered in Ghana - 2023
Contents:
- Price for Rubber Thread and Cord; Textile Covered in Ghana (CIF) - 2022
- Price for Rubber Thread and Cord; Textile Covered in Ghana (FOB) - 2022
- Imports of Rubber Thread and Cord; Textile Covered in Ghana
- Exports of Rubber Thread and Cord; Textile Covered in Ghana
Price for Rubber Thread and Cord; Textile Covered in Ghana (CIF) - 2022
In 2022, the average import price for rubber thread and cord; textile covereds amounted to $647 per ton, waning by -29.4% against the previous year. In general, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 8.3% against the previous year. The import price peaked at $1,105 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -3.5% per year.
Price for Rubber Thread and Cord; Textile Covered in Ghana (FOB) - 2022
In 2022, the average export price for rubber thread and cord; textile covereds amounted to $893 per ton, shrinking by -94.6% against the previous year. In general, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2015 when the average export price increased by 19% against the previous year. The export price peaked at $16,418 per ton in 2021, and then fell remarkably in the following year.
As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.
From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to -2.3% per year.
Imports of Rubber Thread and Cord; Textile Covered in Ghana
Imports of rubber thread and cord; textile covereds into Ghana skyrocketed to 69 tons in 2022, rising by 23% compared with 2021 figures. Overall, imports, however, continue to indicate a dramatic contraction.
In value terms, imports of rubber thread and cord; textile covereds reduced to $45K in 2022. In general, imports, however, showed a drastic downturn.
| Import of Rubber Thread and Cord; Textile Covered in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 79.9 | N/A | 31.0 | 37.1 | -22.6% |
| Others | 1.7 | N/A | 20.8 | 7.9 | 66.9% |
| Total | 81.6 | N/A | 51.7 | 45.0 | -18.0% |
Top Suppliers of Rubber Thread and Cord; Textile Covered to Ghana in 2022:
- China (67.6 tons)
Exports of Rubber Thread and Cord; Textile Covered in Ghana
After two years of decline, overseas shipments of rubber thread and cord; textile covereds decreased by -99.3% to 1.5 tons in 2022. Over the period under review, exports continue to indicate a dramatic slump.
In value terms, exports of rubber thread and cord; textile covereds fell markedly to $1.3K in 2022. In general, exports showed a precipitous shrinkage.
| Export of Rubber Thread and Cord; Textile Covered in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 3.0 | N/A | 3.3 | 1.3 | -24.3% |
| Malaysia | N/A | N/A | 3,355 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.0 | N/A | 3,358 | 1.3 | -24.3% |
Top Export Markets for Rubber Thread and Cord; Textile Covered from Ghana in 2022:
- Cote d'Ivoire (1.5 tons)
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