Price for Tallow; Other than Those of Heading 1503 in Ghana - 2022
Contents:
- Price for Tallow; Other than Those of Heading 1503 in Ghana (CIF) - 2022
- Imports of Tallow; Other than Those of Heading 1503 in Ghana
Price for Tallow; Other than Those of Heading 1503 in Ghana (CIF) - 2022
The average import price for tallow; other than those of heading 1503s stood at $1,553 per ton in 2022, rising by 152% against the previous year. Overall, the import price posted resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lebanon ($2,104 per ton), while the price for South Africa totaled $696 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+12.8%).
Imports of Tallow; Other than Those of Heading 1503 in Ghana
In 2022, supplies from abroad of tallow; other than those of heading 1503s decreased by -58.3% to 235 kg, falling for the second year in a row after two years of growth. Over the period under review, imports showed a dramatic contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 25%. As a result, imports attained the peak of 598 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of tallow; other than those of heading 1503s expanded slightly to $365 in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 97%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Tallow; Other than Those of Heading 1503 in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lebanon | N/A | N/A | N/A | 101 | 0% |
| South Africa | N/A | N/A | 174 | 64.0 | -63.2% |
| Belgium | 46.0 | N/A | N/A | N/A | 0% |
| Germany | N/A | 233 | N/A | N/A | 0% |
| Others | 72.0 | N/A | 174 | 200 | 40.6% |
| Total | 118 | 233 | 348 | 365 | 45.7% |
Top Suppliers of Tallow; Other than Those of Heading 1503 to Ghana in 2022:
- South Africa (92.0 kg)
- Lebanon (48.0 kg)
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