Ghana - Tankers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTanker Price in Ghana - 2022
Contents:
- Tanker Price in Ghana (CIF) - 2022
- Tanker Price in Ghana (FOB) - 2022
- Tanker Imports in Ghana
- Tanker Exports in Ghana
Tanker Price in Ghana (CIF) - 2022
In 2022, the average tanker import price amounted to $740,200 per unit, with a decrease of -25% against the previous year. Overall, the import price, however, posted a prominent expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by 2,872%. Over the period under review, average import prices reached the peak figure at $2,142,395 per unit in 2015; however, from 2016 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 Germany ($1,371,129 per unit), while the price for Italy ($4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+49.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Tanker Price in Ghana (FOB) - 2022
In 2022, the average tanker export price amounted to $287,218 per unit, falling by -8.3% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 90%. The export price peaked at $381,373 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
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 +0.9% per year.
Tanker Imports in Ghana
In 2022, tanker imports into Ghana stood at 1 units, remaining constant against the year before. In general, imports continue to indicate a relatively flat trend pattern. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, tanker imports shrank dramatically to $740K in 2022. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 130% against the previous year. Over the period under review, imports attained the maximum at $987K in 2021, and then reduced sharply in the following year.
Import of Tanker in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 266 | 883 | 1,672 | 1,371 | 72.7% |
Turkey | 29.3 | 80.2 | 125 | 84.8 | 42.5% |
Netherlands | 4.5 | 11.1 | 15.6 | 9.4 | 27.8% |
China | 1.8 | 5.5 | 9.6 | 7.3 | 59.5% |
United Kingdom | 1.7 | 4.7 | 7.5 | 5.2 | 45.2% |
South Africa | 0.8 | 2.0 | 2.9 | 1.9 | 33.4% |
Belgium | N/A | N/A | N/A | N/A | 0% |
United States | N/A | N/A | N/A | N/A | 0% |
Italy | N/A | N/A | N/A | N/A | 0% |
Canada | N/A | N/A | N/A | N/A | 0% |
Others | -89.0 | -493.0 | -846.6 | -739.5 | 102.5% |
Total | 215 | 494 | 987 | 740 | 51.0% |
Top Suppliers of Tanker to Ghana in 2022:
- Turkey (1.0 units)
- United States (1.0 units)
- Netherlands (1.0 units)
- Italy (1.0 units)
- South Africa (1.0 units)
- United Kingdom (1.0 units)
- Germany (1.0 units)
- Belgium (1.0 units)
- China (1.0 units)
Tanker Exports in Ghana
Tanker exports from Ghana was estimated at 1 units in 2022, remaining constant against 2021. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, tanker exports shrank to $287K in 2022. The total export value increased at an average annual rate of +9.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 20%. As a result, the exports attained the peak of $313K, and then shrank in the following year.
Export of Tanker in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Burkina Faso | 218 | 261 | 313 | 287 | 9.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 218 | 261 | 313 | 287 | 9.6% |
Top Export Markets for Tanker from Ghana in 2022:
- Burkina Faso (1.0 units)
This report provides an in-depth analysis of the tanker market in Ghana. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 30112210 - Crude oil tankers
- Prodcom 30112230 - Oil product tankers
- Prodcom 30112250 - Chemical tankers
- Prodcom 30112270 - Gas carriers
Country coverage:
- Ghana
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ghana
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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