Sulphites; of Sodium Price in Ghana - 2022

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%