Price for Antiques; of an Age Exceeding One Hundred Years in Ghana - 2022

Contents:

1. Price for Antiques; of an Age Exceeding One Hundred Years in Ghana (FOB) - 2022
2. Price for Antiques; of an Age Exceeding One Hundred Years in Ghana (CIF) - 2022
3. Exports of Antiques; of an Age Exceeding One Hundred Years in Ghana
4. Imports of Antiques; of an Age Exceeding One Hundred Years in Ghana

Price for Antiques; of an Age Exceeding One Hundred Years in Ghana (FOB) - 2022

In 2022, the average export price for antiques; of an age exceeding one hundred yearses amounted to $1,827,357 per ton, reducing by -15.9% against the previous year. Over the period under review, the export price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 166%. As a result, the export price reached the peak level of $5,293 per kg. From 2018 to 2022, the average export prices failed to regain momentum.

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 the United States ($21,123,000 per ton), while the average price for exports to the UK ($146,000 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 the United States (+61.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Antiques; of an Age Exceeding One Hundred Years in Ghana (CIF) - 2022

In 2022, the average import price for antiques; of an age exceeding one hundred yearses amounted to $245,000 per ton, picking up by 188% against the previous year. Over the period under review, the import price showed a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($241,000 per ton), while the price for the UK ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+28.3%), while the prices for the other major suppliers experienced a decline.

Exports of Antiques; of an Age Exceeding One Hundred Years in Ghana

In 2022, after three years of growth, there was significant decline in overseas shipments of antiques; of an age exceeding one hundred yearses, when their volume decreased by -21.4% to 22 kg. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. As a result, the exports reached the peak of 28 kg, and then shrank sharply in the following year.

In value terms, exports of antiques; of an age exceeding one hundred yearses skyrocketed to $51K in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 31%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Top Export Markets for Antiques; of an Age Exceeding One Hundred Years from Ghana in 2022:

1. France (18.0 kg)
2. United States (1.0 kg)
3. United Kingdom (1.0 kg)
4. Germany (1.0 kg)
5. Spain (1.0 kg)

Imports of Antiques; of an Age Exceeding One Hundred Years in Ghana

In 2022, imports of antiques; of an age exceeding one hundred yearses into Ghana soared to 4 kg, jumping by 33% compared with the year before. The total import volume increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of antiques; of an age exceeding one hundred yearses soared to $245 in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Antiques; of an Age Exceeding One Hundred Years to Ghana in 2022:

1. Turkey (1.0 kg)
2. United Kingdom (1.0 kg)
3. China (1.0 kg)
4. South Africa (1.0 kg)

Source: IndexBox Market Intelligence Platform