Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Ghana - 2023

Contents:

1. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Ghana (CIF) - 2022
2. Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Ghana (FOB) - 2022
3. Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Ghana
4. Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Ghana

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Ghana (CIF) - 2022

The average import price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes stood at $0.8 per square meter in 2022, therefore, remained relatively stable against the previous year. Overall, the import price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2018 an increase of 13%. Over the period under review, average import prices reached the peak figure at $1 per square meter in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 India ($1.6 per square meter), while the price for Turkey ($0.2 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+34.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Ghana (FOB) - 2022

In 2022, the average export price for textile fabrics; impregnated, coated, covered or laminated with polyurethanes amounted to $0.4 per square meter, picking up by 19% against the previous year. In general, the export price posted resilient growth. The growth pace was the most rapid in 2021 an increase of 118% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Burkina Faso.

From 2014 to 2022, the rate of growth in terms of prices for Burkina Faso amounted to +10.4% per year.

Imports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Ghana

In 2022, imports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes into Ghana surged to 249K square meters, with an increase of 54% compared with the previous year's figure. Over the period under review, imports, however, saw a noticeable contraction. Imports peaked at 287K square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes soared to $188K in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane to Ghana in 2022:

1. China (169.9K square meters)
2. United States (32.2K square meters)
3. Japan (18.6K square meters)
4. Turkey (12.1K square meters)
5. India (9.9K square meters)
6. Hong Kong SAR (3.9K square meters)

Exports of Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane in Ghana

In 2022, approx. 2.1K square meters of textile fabrics; impregnated, coated, covered or laminated with polyurethanes were exported from Ghana; declining by -48% compared with 2021 figures. Overall, exports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 43%. The exports peaked at 7.9K square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of textile fabrics; impregnated, coated, covered or laminated with polyurethanes declined remarkably to $872 in 2022. In general, exports showed a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 211%. As a result, the exports attained the peak of $1.4K, and then fell rapidly in the following year.

Top Export Markets for Textile Fabrics; Impregnated, Coated, Covered or Laminated with Polyurethane from Ghana in 2022:

1. Burkina Faso (2.1K square meters)

Source: IndexBox Market Intelligence Platform