Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Ghana - 2022
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Ghana (CIF) - 2022
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Ghana (FOB) - 2022
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Ghana
- Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Ghana
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Ghana (CIF) - 2022
In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $1,009 per ton, reducing by -22.2% against the previous year. Overall, the import price saw a abrupt slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by 24% against the previous year. The import price peaked at $1,948 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($4,693 per ton), while the price for Nigeria ($228 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Ghana (FOB) - 2022
The average export price for colouring matter; ultramarine and preparations based therea stood at $796 per ton in 2021, remaining relatively unchanged against the previous year. Overall, the export price saw a perceptible setback. The pace of growth was the most pronounced in 2013 an increase of 11%. Over the period under review, the average export prices hit record highs at $4,399 per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Guinea ($905 per ton), while the average price for exports to India amounted to $710 per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (-35.3%).
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Ghana
In 2022, imports of colouring matter; ultramarine and preparations based therea into Ghana fell markedly to 79 tons, with a decrease of -68% against the previous year. Over the period under review, imports showed a precipitous setback. The pace of growth appeared the most rapid in 2021 when imports increased by 45% against the previous year. As a result, imports reached the peak of 247 tons, and then fell remarkably in the following year.
In value terms, imports of colouring matter; ultramarine and preparations based therea contracted markedly to $80K in 2022. In general, imports saw a significant decrease. The pace of growth was the most pronounced in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of $320K, and then contracted markedly in the following year.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 167 | 217 | 249 | 17.7 | -52.7% |
| Togo | 0.9 | 2.8 | 31.3 | 15.9 | 160.4% |
| Spain | 47.3 | 13.5 | 1.2 | 11.1 | -38.3% |
| United Arab Emirates | N/A | N/A | N/A | 9.3 | 0% |
| United Kingdom | 3.0 | 4.1 | 10.4 | 5.3 | 20.9% |
| Nigeria | 8.1 | 6.3 | 5.0 | 5.1 | -14.3% |
| Portugal | 4.5 | 4.8 | 5.6 | 4.8 | 2.2% |
| Others | 32.6 | 25.8 | 17.0 | 10.5 | -31.5% |
| Total | 263 | 274 | 320 | 79.6 | -32.9% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Ghana in 2022:
- Nigeria (22.3 tons)
- India (16.8 tons)
- Togo (16.3 tons)
- United Arab Emirates (14.4 tons)
- Spain (3.7 tons)
- Portugal (1.6 tons)
- United Kingdom (1.4 tons)
Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Ghana
In 2021, exports of colouring matter; ultramarine and preparations based therea from Ghana amounted to 40 tons, stabilizing at 2020. Overall, exports recorded a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in years to come.
In value terms, exports of colouring matter; ultramarine and preparations based therea amounted to $32K in 2021. Over the period under review, exports saw buoyant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the peak figure in 2021 and are likely to see gradual growth in the immediate term.
| Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Guinea | N/A | N/A | 16.0 | 0% | |
| India | N/A | N/A | 16.0 | 0% | |
| Cote d'Ivoire | 29.0 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 29.0 | N/A | 32.0 | 5.0% | |
Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Ghana in 2022:
- India (22.6 tons)
- Guinea (17.7 tons)
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