Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Ghana - 2023
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Ghana (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Ghana
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Ghana (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $908 per ton, reducing by -3.9% against the previous year. Overall, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2013 an increase of 16% against the previous year. As a result, import price reached the peak level of $4,786 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Egypt.
From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to -13.9% per year.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Ghana
For the fourth consecutive year, Ghana recorded growth in supplies from abroad of acids; saturated acyclic monocarboxylic acids; vinyl acetates, which increased by 1.9% to 50 tons in 2022. The total import volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 8.5% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates dropped slightly to $45K in 2022. The total import value increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 4.3%. As a result, imports reached the peak of $46K, and then contracted in the following year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 42.1 | 44.0 | 45.9 | 45.0 | 2.2% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 42.2 | 44.0 | 45.9 | 45.0 | 2.2% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Ghana in 2022:
- Egypt (49.6 tons)
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