Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Ghana - 2023
Contents:
- Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Ghana (CIF) - 2023
- Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Ghana (FOB) - 2022
- Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Ghana
- Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Ghana
Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Ghana (CIF) - 2023
The average import price for twine, cordage or rope; knotted netting, of other than man-made textileses stood at $1,145 per ton in December 2023, growing by 32% against the previous month. In general, the import price, however, showed a noticeable curtailment. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 209% against the previous month. Over the period under review, average import prices hit record highs at $1,805 per ton in April 2023; however, from May 2023 to December 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($6,827 per ton), while the price for China ($433 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Ghana (FOB) - 2022
The average export price for twine, cordage or rope; knotted netting, of other than man-made textileses stood at $3,162 per ton in 2022, reducing by -13.1% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for twine, cordage or rope; knotted netting, of other than man-made textileses increased by +10.6% against 2020 indices. The pace of growth appeared the most rapid in 2016 when the average export price increased by 40% against the previous year. As a result, the export price reached the peak level of $4,010 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cameroon ($8,684 per ton), while the average price for exports to Benin ($460 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+19.4%), while the prices for the other major destinations experienced a decline.
Imports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Ghana
After two years of decline, overseas purchases of twine, cordage or rope; knotted netting, of other than man-made textileses increased by 57% to 124 tons in 2022. Overall, imports, however, continue to indicate a precipitous decrease.
In value terms, imports of twine, cordage or rope; knotted netting, of other than man-made textileses skyrocketed to $694K in 2022. In general, imports, however, recorded a abrupt contraction.
Import of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 471 | 523 | 201 | 510 | 2.7% |
Spain | 38.3 | 165 | 94.2 | 55.3 | 13.0% |
Togo | 110 | 91.0 | 26.0 | 49.2 | -23.5% |
Vietnam | 31.8 | 35.4 | 13.6 | 34.6 | 2.9% |
China | 429 | 150 | 4.0 | 9.2 | -72.2% |
Hong Kong SAR | 6.0 | 6.6 | 2.5 | 6.4 | 2.2% |
United Arab Emirates | 2.0 | 3.1 | 1.0 | 2.2 | 3.2% |
India | 53.1 | 25.4 | 0.5 | 2.2 | -65.4% |
Others | 33.2 | 34.3 | 11.8 | 24.9 | -9.1% |
Total | 1,175 | 1,033 | 354 | 694 | -16.1% |
Top Suppliers of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles to Ghana in 2022:
- South Korea (53.0 tons)
- Togo (25.5 tons)
- Vietnam (11.5 tons)
- Spain (8.6 tons)
- China (6.5 tons)
- Hong Kong SAR (6.5 tons)
- United Arab Emirates (4.9 tons)
- India (0.5 tons)
Exports of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Ghana
In 2022, shipments abroad of twine, cordage or rope; knotted netting, of other than man-made textileses was finally on the rise to reach 1.7 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a noticeable shrinkage.
In value terms, exports of twine, cordage or rope; knotted netting, of other than man-made textileses dropped to $5.4K in 2022. Overall, exports, however, continue to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 26%.
Export of Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles in Ghana (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cameroon | 2,193 | 1,695 | 2,395 | 2,614 | 6.0% |
Burkina Faso | 1,411 | 901 | 1,051 | 948 | -12.4% |
Mali | 1,063 | 736 | 933 | 913 | -4.9% |
Togo | 835 | 617 | 819 | 470 | -17.4% |
Cote d'Ivoire | 142 | 656 | 546 | 290 | 26.9% |
Benin | 66.0 | 34.0 | 32.0 | 23.0 | -29.6% |
Others | 341 | 155 | 244 | 149 | -24.1% |
Total | 6,051 | 4,794 | 6,020 | 5,407 | -3.7% |
Top Export Markets for Twine, Cordage or Rope; Knotted Netting, of Other than Man-Made Textiles from Ghana in 2022:
- Mali (934.0 kg)
- Cameroon (301.0 kg)
- Burkina Faso (147.0 kg)
- Togo (141.0 kg)
- Cote d'Ivoire (123.0 kg)
- Benin (50.0 kg)
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In value terms, twine, cordage and rope imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeab...
In value terms, twine, cordage and rope exports stood at $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
In value terms, twine, cordage and rope imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeab...
In value terms, twine, cordage and rope exports stood at $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>