Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Ghana - 2023
Contents:
- Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Ghana (CIF) - 2022
- Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Ghana
Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Ghana (CIF) - 2022
The average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters stood at $4,106 per ton in 2022, rising by 16% against the previous year. In general, the import price showed resilient growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 166%. As a result, import price attained the peak level of $6,595 per ton. From 2014 to 2022, the average import prices remained at a 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 India ($7,875 per ton), while the price for Turkey ($1,692 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Ghana
In 2022, supplies from abroad of textile fabrics; tyrecord of high tenacity yarn of polyesters decreased by -97.2% to 105 kg, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a precipitous decrease. The growth pace was the most rapid in 2020 when imports increased by 287%. As a result, imports attained the peak of 4 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters declined rapidly to $387 in 2022. In general, imports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 282%.
| Import of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.4 | 0.9 | 1.2 | 0.1 | -37.0% |
| India | 1.0 | 6.9 | 10.4 | 0.1 | -53.6% |
| China | 0.7 | 1.6 | 1.6 | 0.1 | -47.7% |
| United Arab Emirates | 0.5 | 2.0 | 1.6 | N/A | 78.9% |
| Turkey | 0.3 | 0.7 | 0.6 | N/A | 41.4% |
| Others | 0.6 | 1.1 | 0.9 | N/A | 22.5% |
| Total | 3.4 | 13.1 | 16.3 | 0.4 | -51.0% |
Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester to Ghana in 2022:
- China (56.0 kg)
- Italy (16.0 kg)
- Turkey (13.0 kg)
- United Arab Emirates (10.0 kg)
- India (8.0 kg)
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