Borates; Peroxoborates (Perborates) Price in Ghana - 2022

Contents:

  1. Borates; Peroxoborates (Perborates) Price in Ghana (CIF) - 2022
  2. Borates; Peroxoborates (Perborates) Price in Ghana (FOB) - 2022
  3. Borates; Peroxoborates (Perborates) Imports in Ghana
  4. Borates; Peroxoborates (Perborates) Exports in Ghana

Borates; Peroxoborates (Perborates) Price in Ghana (CIF) - 2022

In 2022, the average borates; peroxoborates (perborates) import price amounted to $641 per ton, waning by -25.8% against the previous year. In general, the import price continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2020 an increase of 15% against the previous year. Over the period under review, average import prices attained the maximum at $940 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($2,367 per ton), while the price for Spain ($263 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Borates; Peroxoborates (Perborates) Price in Ghana (FOB) - 2022

In 2022, the average borates; peroxoborates (perborates) export price amounted to $3,589 per ton, stabilizing at the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 58% against the previous year. As a result, the export price reached the peak level of $5,407 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($16,310 per ton), while the average price for exports to Niger ($413 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+25.8%), while the prices for the other major destinations experienced more modest paces of growth.

Borates; Peroxoborates (Perborates) Imports in Ghana

In 2022, purchases abroad of borates; peroxoborates (perborates)s decreased by -5.5% to 204 tons, falling for the second consecutive year after two years of growth. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 334% against the previous year. As a result, imports reached the peak of 362 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, borates; peroxoborates (perborates) imports reduced remarkably to $131K in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 398% against the previous year. As a result, imports attained the peak of $314K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Borates; Peroxoborates (Perborates) in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa3.871.843.530.299.6%
Turkey8.858.933.315.821.5%
Belgium3.611.317.513.153.8%
Spain10.626.816.711.93.9%
China2.846.515.111.660.6%
United States7.420.113.410.211.3%
Netherlands3.413.710.28.535.7%
Others22.664.336.729.39.0%
Total63.031418613127.6%

Top Suppliers of Borates; Peroxoborates (Perborates) to Ghana in 2022:

  1. Spain (45.2 tons)
  2. United States (22.3 tons)
  3. Turkey (19.9 tons)
  4. China (18.4 tons)
  5. Belgium (18.4 tons)
  6. Netherlands (17.9 tons)
  7. South Africa (12.8 tons)

Borates; Peroxoborates (Perborates) Exports in Ghana

In 2022, the amount of borates; peroxoborates (perborates)s exported from Ghana stood at 5.8 tons, stabilizing at the previous year. Over the period under review, exports, however, saw a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 64%.

In value terms, borates; peroxoborates (perborates) exports totaled $21K in 2022. In general, exports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 75%.

Export of Borates; Peroxoborates (Perborates) in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mali25.410.919.219.4-8.6%
Burkina Faso2.00.71.11.0-20.6%
Niger0.30.10.20.1-30.7%
Others0.50.20.40.50.0%
Total28.211.920.921.0-9.4%

Top Export Markets for Borates; Peroxoborates (Perborates) from Ghana in 2022:

  1. Mali (5.3 tons)
  2. Niger (0.3 tons)
  3. Burkina Faso (0.2 tons)

Source: IndexBox Market Intelligence Platform

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