Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Ghana - 2022

Contents:

1. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Ghana (CIF) - 2022
2. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Ghana (FOB) - 2022
3. Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Ghana
4. Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Ghana

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Ghana (CIF) - 2022

The average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $753 per ton in 2022, with an increase of 87% against the previous year. In general, the import price, however, saw a deep slump. Over the period under review, average import prices reached the maximum at $1,988 per ton in 2012; however, from 2013 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 Spain ($977 per ton), while the price for the UK totaled $235 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+39.1%), while the prices for the other major suppliers experienced a decline.

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Ghana (FOB) - 2022

In 2022, the average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $1,046 per ton, dropping by -21.7% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The growth pace was the most rapid in 2021 when the average export price increased by 52%. The export price peaked at $1,814 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Burkina Faso ($1,052 per ton), while the average price for exports to Niger amounted to $989 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+11.9%).

Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Ghana

Imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses into Ghana soared to 46 tons in 2022, picking up by 61% against 2021. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 112%. As a result, imports attained the peak of 52 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses soared to $35K in 2022. Over the period under review, imports continue to indicate resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres to Ghana in 2022:

1. Spain (32.2 tons)
2. United Kingdom (13.9 tons)

Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Ghana

In 2022, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses from Ghana skyrocketed to 5.9 tons, picking up by 250% on the previous year's figure. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses skyrocketed to $6.2K in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres from Ghana in 2022:

1. Burkina Faso (5.3 tons)
2. Niger (0.5 tons)

Source: IndexBox Market Intelligence Platform