Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Ghana - 2022
Contents:
- Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Ghana (CIF) - 2022
- Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Ghana (FOB) - 2022
- Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Ghana
- Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Ghana
Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Ghana (CIF) - 2022
In 2022, the average import price for woven fabrics of combed wool or of combed fine animal hair amounted to $9.6 per square meter, with an increase of 2.1% against the previous year. In general, the import price, however, continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2015 when the average import price increased by 59% against the previous year. The import price peaked at $13 per square meter in 2012; however, from 2013 to 2022, import prices stood 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 the UK ($38 per square meter), while the price for the United Arab Emirates ($2.1 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+27.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Ghana (FOB) - 2022
The average export price for woven fabrics of combed wool or of combed fine animal hair stood at $4.5 per square meter in 2022, jumping by 71% against the previous year. In general, the export price, however, continues to indicate a perceptible downturn. Over the period under review, the average export prices hit record highs at $8 per square meter in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Burkina Faso.
From 2012 to 2022, the rate of growth in terms of prices for Burkina Faso amounted to -1.0% per year.
Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Ghana
Imports of woven fabrics of combed wool or of combed fine animal hair into Ghana soared to 515 square meters in 2022, with an increase of 154% compared with 2021 figures. Over the period under review, imports, however, faced a deep contraction. Over the period under review, imports of attained the maximum at 901 square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of woven fabrics of combed wool or of combed fine animal hair soared to $4.9K in 2022. In general, imports, however, recorded a deep setback. Over the period under review, imports of reached the maximum at $8.7K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 306 | 49.0 | 160 | 1,292 | 61.6% |
| United States | 2,067 | 155 | 237 | 1,265 | -15.1% |
| Italy | 4,300 | 439 | 1,231 | 863 | -41.5% |
| United Arab Emirates | 987 | 23.0 | 149 | 567 | -16.9% |
| United Kingdom | 21.0 | 4.0 | 17.0 | 457 | 179.2% |
| Others | 979 | 65.0 | 110 | 489 | -20.7% |
| Total | 8,660 | 735 | 1,904 | 4,933 | -17.1% |
Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to Ghana in 2022:
- United Arab Emirates (268.0 square meters)
- Italy (89.0 square meters)
- United States (72.0 square meters)
- China (69.0 square meters)
- United Kingdom (12.0 square meters)
Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Ghana
In 2022, shipments abroad of woven fabrics of combed wool or of combed fine animal hair decreased by -28.7% to 67 square meters, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 252%. As a result, the exports attained the peak of 588 square meters. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of woven fabrics of combed wool or of combed fine animal hair skyrocketed to $300 in 2022. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2020 when exports increased by 213%. As a result, the exports reached the peak of $1.4K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burkina Faso | 390 | 1,409 | 242 | 296 | -8.8% |
| Others | 61.0 | 3.0 | 4.0 | 4.0 | -59.7% |
| Total | 451 | 1,412 | 246 | 300 | -12.7% |
Top Export Markets for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair from Ghana in 2022:
- Burkina Faso (65.0 square meters)
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