Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ghana - 2023

Contents:

  1. Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ghana (CIF) - 2022
  2. Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ghana

Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ghana (CIF) - 2022

The average import price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $956 per ton in 2022, with a decrease of -17.8% against the previous year. Overall, the import price showed a abrupt decrease. The growth pace was the most rapid in 2017 when the average import price increased by 63% against the previous year. Over the period under review, average import prices reached the maximum at $5,347 per ton in 2012; however, from 2013 to 2022, 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 Canada ($2,502 per ton), while the price for Spain ($426 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-6.7%), while the prices for the other major suppliers experienced a decline.

Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ghana

Imports of wadding; other articles thereof, other than of cotton or man-made fibreses into Ghana skyrocketed to 98 tons in 2022, jumping by 255% on the year before. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses soared to $94K in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15.8N/A16.351.248.0%
Lebanon25.2N/A10.220.2-7.1%
Canada0.3N/A0.515.4271.6%
Turkey0.2N/A0.42.3125.7%
Thailand9.7N/A4.00.7-58.4%
Others2.0N/A0.84.127.0%
Total53.1N/A32.293.920.9%

Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Ghana in 2022:

  1. China (79.7 tons)
  2. Lebanon (9.3 tons)
  3. Canada (6.2 tons)
  4. Turkey (2.1 tons)
  5. Thailand (0.3 tons)

Source: IndexBox Market Intelligence Platform

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