Price for Ammonia; Anhydrous or in Aqueous Solution in Ghana - 2022
Contents:
- Price for Ammonia; Anhydrous or in Aqueous Solution in Ghana (CIF) - 2022
- Price for Ammonia; Anhydrous or in Aqueous Solution in Ghana (FOB) - 2022
- Imports of Ammonia; Anhydrous or in Aqueous Solution in Ghana
- Exports of Ammonia; Anhydrous or in Aqueous Solution in Ghana
Price for Ammonia; Anhydrous or in Aqueous Solution in Ghana (CIF) - 2022
The average import price for ammonia; anhydrous or in aqueous solutia stood at $2,264 per ton in 2022, with an increase of 36% against the previous year. In general, the import price continues to indicate a slight increase. The growth pace was the most rapid in 2021 an increase of 54% against the previous year. The import price peaked at $2,472 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Sri Lanka ($5,129 per ton), while the price for India ($566 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+29.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Ammonia; Anhydrous or in Aqueous Solution in Ghana (FOB) - 2022
The average export price for ammonia; anhydrous or in aqueous solutia stood at $3,682 per ton in 2022, growing by 114% against the previous year. Over the period under review, the export price saw a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($5,630 per ton), while the average price for exports to Togo totaled $1,938 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+12.0%).
Imports of Ammonia; Anhydrous or in Aqueous Solution in Ghana
In 2022, imports of ammonia; anhydrous or in aqueous solutia into Ghana contracted to 153 tons, waning by -10.8% against the previous year. Over the period under review, imports saw a deep setback. The growth pace was the most rapid in 2021 with an increase of 189%.
In value terms, imports of ammonia; anhydrous or in aqueous solutia surged to $347K in 2022. In general, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 345%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Ammonia; Anhydrous or in Aqueous Solution in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 41.1 | 15.2 | 57.1 | 112 | 39.7% |
| Sri Lanka | N/A | N/A | 91.1 | 79.0 | -13.3% |
| Belgium | 27.5 | 9.8 | 53.1 | 52.3 | 23.9% |
| Germany | 40.7 | 18.2 | 44.0 | 43.4 | 2.2% |
| China | 6.6 | 3.7 | 11.1 | 20.9 | 46.8% |
| India | 5.8 | 0.1 | 0.6 | 8.9 | 15.3% |
| Greece | N/A | N/A | N/A | 4.4 | 0% |
| Turkey | 52.2 | 9.0 | 8.4 | 3.6 | -59.0% |
| Others | 20.4 | 8.2 | 19.3 | 22.0 | 2.5% |
| Total | 194 | 64.0 | 285 | 347 | 21.4% |
Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Ghana in 2022:
- France (49.9 tons)
- Belgium (36.0 tons)
- India (15.7 tons)
- Sri Lanka (15.4 tons)
- Germany (10.6 tons)
- China (10.0 tons)
- Greece (6.1 tons)
- Turkey (1.7 tons)
Exports of Ammonia; Anhydrous or in Aqueous Solution in Ghana
In 2022, after three years of growth, there was significant decline in shipments abroad of ammonia; anhydrous or in aqueous solutia, when their volume decreased by -88.9% to 669 kg. Overall, exports faced a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 45%. As a result, the exports attained the peak of 6 tons, and then fell rapidly in the following year.
In value terms, exports of ammonia; anhydrous or in aqueous solutia declined rapidly to $2.5K in 2022. Over the period under review, exports showed a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 87% against the previous year. As a result, the exports attained the peak of $10K, and then fell rapidly in the following year.
| Export of Ammonia; Anhydrous or in Aqueous Solution in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 3.4 | 3.7 | 6.4 | 1.8 | -19.1% |
| Togo | 1.1 | 1.9 | 4.0 | 0.7 | -14.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.4 | 5.5 | 10.4 | 2.5 | -17.2% |
Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Ghana in 2022:
- Togo (353.0 kg)
- Cote d'Ivoire (316.0 kg)
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This report provides an in-depth analysis of the market for ammonia in aqueous solution in Ghana.
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