Sulphites; of Sodium Price in Ghana - 2022
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Sulphites; of Sodium Price in Ghana (CIF) - 2022
The average sulphites; of sodium import price stood at $533 per ton in 2022, picking up by 42% against the previous year. Over the period under review, the import price, however, saw a perceptible descent. The import price peaked at $719 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($3,184 per ton), while the price for China ($379 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-0.2%), while the prices for the other major suppliers experienced a decline.
Sulphites; of Sodium Imports in Ghana
Sulphites; of sodium imports into Ghana reduced remarkably to 1K tons in 2022, with a decrease of -50.9% against the previous year's figure. In general, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 152%. As a result, imports reached the peak of 2.1K tons, and then plummeted in the following year.
In value terms, sulphites; of sodium imports declined dramatically to $542K in 2022. Over the period under review, imports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2021 with an increase of 154% against the previous year. As a result, imports reached the peak of $777K, and then contracted sharply in the following year.
Import of Sulphites; of Sodium in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 259 | 177 | 568 | 339 | 9.4% |
Spain | 18.6 | 27.7 | 33.6 | 59.0 | 46.9% |
Switzerland | 3.6 | 17.8 | 32.9 | 43.6 | 129.6% |
United States | 25.5 | 43.4 | 4.0 | 24.2 | -1.7% |
Netherlands | 1.3 | N/A | N/A | 6.5 | 71.0% |
Turkey | 14.7 | 3.8 | 28.3 | N/A | 38.8% |
Others | 39.5 | 37.1 | 111 | 69.2 | 20.6% |
Total | 362 | 306 | 777 | 542 | 14.4% |
Top Suppliers of Sulphites; of Sodium to Ghana in 2022:
- China (894.9 tons)
- Switzerland (36.1 tons)
- Spain (18.5 tons)
- United States (15.3 tons)
- Netherlands (14.9 tons)
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