Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Ghana - 2022
Contents:
- Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Ghana (CIF) - 2022
- Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Ghana (FOB) - 2022
- Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Ghana
- Exports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Ghana
Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Ghana (CIF) - 2022
The average import price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $1,865 per ton in 2022, declining by -4.7% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 56%. As a result, import price attained the peak level of $2,136 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($10,333 per ton), while the price for the UK ($200 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+41.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Ghana (FOB) - 2022
The average export price for terpenic oils; gum, wood or sulphate turpentine oilses stood at $923 per ton in 2022, shrinking by -2.1% against the previous year. Overall, the export price saw a mild decline. The most prominent rate of growth was recorded in 2016 an increase of 271%. As a result, the export price attained the peak level of $4,697 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Togo.
From 2012 to 2022, the rate of growth in terms of prices for Togo amounted to -1.9% per year.
Imports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Ghana
In 2022, supplies from abroad of terpenic oils; gum, wood or sulphate turpentine oilses decreased by -0.4% to 229 kg for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 4.7%.
In value terms, imports of terpenic oils; gum, wood or sulphate turpentine oilses fell to $427 in 2022. The total import value increased at an average annual rate of +6.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 13% against the previous year.
| Import of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 198 | 264 | 301 | 293 | 14.0% |
| Spain | 146 | 128 | 137 | 124 | -5.3% |
| United Kingdom | 2.0 | 1.0 | 1.0 | 1.0 | -20.6% |
| Others | 10.0 | 10.0 | 11.0 | 9.0 | -3.5% |
| Total | 356 | 403 | 450 | 427 | 6.2% |
Top Suppliers of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils to Ghana in 2022:
- Brazil (208.0 kg)
- Spain (12.0 kg)
- United Kingdom (5.0 kg)
Exports of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Ghana
In 2022, exports of terpenic oils; gum, wood or sulphate turpentine oilses from Ghana reached 352 kg, surging by 4.8% compared with 2021 figures. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 110% against the previous year. As a result, the exports attained the peak of 367 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of terpenic oils; gum, wood or sulphate turpentine oilses expanded slightly to $325 in 2022. Over the period under review, exports, however, saw a noticeable shrinkage.
| Export of Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Togo | 169 | 333 | 317 | 325 | 24.4% |
| Others | 181 | N/A | N/A | N/A | 0% |
| Total | 350 | 333 | 317 | 325 | -2.4% |
Top Export Markets for Terpenic Oils; Gum, Wood or Sulphate Turpentine Oils from Ghana in 2022:
- Togo (352.0 kg)
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In value terms, gum, wood and sulphate turpentine imports stood at $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total imports value increased at an average annual rate o...
1564
In value terms, gum, wood and sulphate turpentine exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rat...
