Price for Sodium Sulphates; Other than Disodium Sulphate in Ghana - 2023

Contents:

  1. Price for Sodium Sulphates; Other than Disodium Sulphate in Ghana (CIF) - 2022
  2. Price for Sodium Sulphates; Other than Disodium Sulphate in Ghana (FOB) - 2022
  3. Imports of Sodium Sulphates; Other than Disodium Sulphate in Ghana
  4. Exports of Sodium Sulphates; Other than Disodium Sulphate in Ghana

Price for Sodium Sulphates; Other than Disodium Sulphate in Ghana (CIF) - 2022

The average import price for sodium sulphates; other than disodium sulphates stood at $300 per ton in 2022, with a decrease of -12.6% against the previous year. In general, the import price faced a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when the average import price increased by 44% against the previous year. The import price peaked at $1,072 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3,141 per ton), while the price for China ($179 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.7%), while the prices for the other major suppliers experienced a decline.

Price for Sodium Sulphates; Other than Disodium Sulphate in Ghana (FOB) - 2022

The average export price for sodium sulphates; other than disodium sulphates stood at $244 per ton in 2022, growing by 35% against the previous year. Over the period under review, the export price, however, recorded a deep reduction. Over the period under review, the average export prices hit record highs at $1,474 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Togo ($345 per ton), while the average price for exports to Burkina Faso totaled $127 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Togo (+2.0%).

Imports of Sodium Sulphates; Other than Disodium Sulphate in Ghana

In 2022, overseas purchases of sodium sulphates; other than disodium sulphates were finally on the rise to reach 269 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a perceptible contraction.

In value terms, imports of sodium sulphates; other than disodium sulphates soared to $81K in 2022. Over the period under review, imports, however, saw a precipitous curtailment.

Import of Sodium Sulphates; Other than Disodium Sulphate in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China43.734.023.231.5-10.3%
India37.923.913.214.6-27.2%
Turkey15.911.57.49.3-16.4%
Italy23.614.78.08.6-28.6%
SwedenN/AN/AN/A6.30%
Spain15.39.45.05.4-29.3%
Democratic People's Republic of Korea18.4N/AN/AN/A0%
Others10.97.14.25.0-22.9%
Total16610161.080.7-21.4%

Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to Ghana in 2022:

  1. China (175.7 tons)
  2. Turkey (47.2 tons)
  3. Spain (18.7 tons)
  4. India (10.7 tons)
  5. Sweden (10.1 tons)
  6. Italy (2.7 tons)

Exports of Sodium Sulphates; Other than Disodium Sulphate in Ghana

In 2022, the amount of sodium sulphates; other than disodium sulphates exported from Ghana skyrocketed to 136 tons, rising by 130% on the previous year's figure. In general, exports showed a relatively flat trend pattern.

In value terms, exports of sodium sulphates; other than disodium sulphates skyrocketed to $33K in 2022. Overall, exports, however, continue to indicate a abrupt curtailment.

Export of Sodium Sulphates; Other than Disodium Sulphate in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Togo27.234.45.325.2-2.5%
Burkina Faso12.821.35.48.0-14.5%
OthersN/AN/AN/AN/A0%
Total40.055.710.733.2-6.0%

Top Export Markets for Sodium Sulphates; Other than Disodium Sulphate from Ghana in 2022:

  1. Togo (73.0 tons)
  2. Burkina Faso (63.0 tons)

Source: IndexBox Market Intelligence Platform

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