Wool; Carded Price in Ghana - 2023

Wool; Carded Price in Ghana (CIF) - 2022

In 2022, the average wool; carded import price amounted to $3,308 per ton, increasing by 30% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 102% against the previous year. As a result, import price reached the peak level of $5,478 per ton. From 2018 to 2022, the average import prices remained 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 Turkey ($6,747 per ton), while the price for China totaled $3,265 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.0%).

Wool; Carded Imports in Ghana

Wool; carded imports into Ghana soared to 7.5 tons in 2022, with an increase of 5,447% on the year before. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, wool; carded imports skyrocketed to $25K in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.