Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana - 2023

Contents:

  1. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana (CIF) - 2022
  2. Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana (FOB) - 2022
  3. Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana
  4. Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana (CIF) - 2022

The average import price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $16,464 per ton in 2022, leveling off at the previous year. Over the period under review, the import price showed a resilient increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 54% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($25,130 per ton), while the price for Togo ($1,194 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana (FOB) - 2022

The average export price for alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses stood at $5,836 per ton in 2022, standing approx. at the previous year. Overall, the export price continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2018 an increase of 37% against the previous year. Over the period under review, the average export prices reached the maximum at $6,867 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($8,898 per ton), while the average price for exports to the UK ($1,210 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 Togo (+2.6%), while the prices for the other major destinations experienced a decline.

Imports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana

In 2022, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses into Ghana rose markedly to 102 tons, picking up by 8.2% on the previous year's figure. Over the period under review, imports continue to indicate a resilient increase. The growth pace was the most rapid in 2020 with an increase of 106%. As a result, imports attained the peak of 144 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses expanded notably to $1.7M in 2022. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 217%. As a result, imports reached the peak of $1.8M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1111,1671,1511,070112.8%
India32442121.23452.1%
Germany19.411324211983.1%
Cote d'Ivoire29.737.945.262.628.2%
Togo1.61.81.82.211.2%
Others85.469.781.277.1-3.4%
Total5711,8101,5431,67643.2%

Top Suppliers of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives to Ghana in 2022:

  1. China (60.4 tons)
  2. India (19.9 tons)
  3. Cote d'Ivoire (9.4 tons)
  4. Germany (5.3 tons)
  5. Togo (1.8 tons)

Exports of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana

In 2022, the amount of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses exported from Ghana totaled 5.3 tons, remaining relatively unchanged against 2021 figures. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 4,909% against the previous year. As a result, the exports reached the peak of 5.3 tons; afterwards, it flattened through to 2022.

In value terms, exports of alcohols; cyclic, and their halogenated, sulphonated, nitrated or nitrosated derivativeses totaled $31K in 2022. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 5,048%. As a result, the exports attained the peak of $31K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Togo0.629.728.828.9263.8%
Cote d'IvoireN/A0.61.31.347.2%
United KingdomN/A0.50.50.50.0%
OthersN/A0.30.10.2-18.4%
Total0.631.130.831.0272.5%

Top Export Markets for Alcohols; Cyclic, and Their Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives from Ghana in 2022:

  1. Togo (4.7 tons)
  2. United Kingdom (0.4 tons)
  3. Cote d'Ivoire (0.1 tons)

Source: IndexBox Market Intelligence Platform

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