Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Ghana - 2022

Contents:

1. Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Ghana (FOB) - 2022
2. Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Ghana (CIF) - 2022
3. Exports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Ghana
4. Imports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Ghana

Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Ghana (FOB) - 2022

In 2022, the average export price for liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes amounted to $631 per ton, rising by 3.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2020 when the average export price increased by 17% against the previous year. As a result, the export price attained the peak level of $655 per ton. From 2021 to 2022, the average 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 the UK ($16,478 per ton), while the average price for exports to Burkina Faso ($1,469 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 (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Ghana (CIF) - 2022

In 2022, the average import price for liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes amounted to $6,116 per ton, growing by 16% against the previous year. Over the period under review, the import price continues to indicate significant growth. The most prominent rate of growth was recorded in 2014 an increase of 79%. The import price peaked at $7,623 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($110,281 per ton), while the price for China ($1,390 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+34.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Ghana

Exports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes from Ghana reached 22 tons in 2022, remaining relatively unchanged against the year before. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 0.9%. As a result, the exports attained the peak of 22 tons; afterwards, it flattened through to 2022.

In value terms, exports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes rose to $14K in 2022. The total export value increased at an average annual rate of +4.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 18% against the previous year. As a result, the exports reached the peak of $14K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene from Ghana in 2022:

1. Togo (2.5 tons)
2. Burkina Faso (1.6 tons)
3. United Kingdom (0.2 tons)

Imports of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene in Ghana

Imports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes into Ghana reduced sharply to 1.1 tons in 2022, falling by -22.7% against the year before. Overall, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 83% against the previous year.

In value terms, imports of liquefied petroleum gases other than propane, butanes, ethylene, propylene, butylene or butadienes reduced to $6.8K in 2022. In general, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 27%.

Top Suppliers of Liquefied Petroleum Gases Other than Propane, Butanes, Ethylene, Propylene, Butylene or Butadiene to Ghana in 2022:

1. China (121.0 kg)
2. South Africa (57.0 kg)
3. Nigeria (5.0 kg)
4. Germany (3.0 kg)

Source: IndexBox Market Intelligence Platform