Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Ghana - 2023

Contents:

  1. Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Ghana (CIF) - 2022
  2. Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Ghana

Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Ghana (CIF) - 2022

In 2022, the average import price for silicates; of sodium (excluding sodium metasilicates)s amounted to $461 per ton, surging by 25% against the previous year. Over the period under review, the import price, however, showed a abrupt decrease. Over the period under review, average import prices hit record highs at $888 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($557 per ton) and Belgium ($529 per ton), while the price for China ($437 per ton) and Egypt ($439 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+33.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Ghana

In 2022, approx. 11K tons of silicates; of sodium (excluding sodium metasilicates)s were imported into Ghana; jumping by 31% compared with 2021 figures. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s skyrocketed to $5M in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt197N/A8451,771107.9%
Belgium89.6N/A26841266.3%
India148N/A32921312.9%
China61.5N/A42.955.4-3.4%
Others544N/A1,5592,53166.9%
Total1,041N/A3,0434,98368.5%

Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Ghana in 2022:

  1. Egypt (4.0K tons)
  2. Belgium (0.8K tons)
  3. India (0.4K tons)
  4. China (0.1K tons)

Source: IndexBox Market Intelligence Platform

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