Price for Lustres; Liquid Lustres and Similar Preparations in Ghana - 2022

Contents:

  1. Price for Lustres; Liquid Lustres and Similar Preparations in Ghana (CIF) - 2022
  2. Price for Lustres; Liquid Lustres and Similar Preparations in Ghana (FOB) - 2022
  3. Imports of Lustres; Liquid Lustres and Similar Preparations in Ghana
  4. Exports of Lustres; Liquid Lustres and Similar Preparations in Ghana

Price for Lustres; Liquid Lustres and Similar Preparations in Ghana (CIF) - 2022

In 2022, the average import price for lustres; liquid lustres and similar preparationses amounted to $7,497 per ton, declining by -26.1% against the previous year. Over the period under review, the import price showed a abrupt contraction. The growth pace was the most rapid in 2018 an increase of 127%. As a result, import price attained the peak level of $28,786 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lebanon ($7,182 per ton), while the price for China amounted to $6,639 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (-7.0%), while the prices for the other major suppliers experienced a decline.

Price for Lustres; Liquid Lustres and Similar Preparations in Ghana (FOB) - 2022

In 2021, the average export price for lustres; liquid lustres and similar preparationses amounted to $345,765 per ton, remaining stable against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price decreased by -13.9%. The export price peaked in 2021 and is likely to see steady growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2021, the rate of growth in terms of prices for Cote d'Ivoire amounted to +2.4% per year.

Imports of Lustres; Liquid Lustres and Similar Preparations in Ghana

Imports of lustres; liquid lustres and similar preparationses into Ghana dropped markedly to 1.7 tons in 2022, reducing by -20.8% against the year before. In general, imports saw a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 821%.

In value terms, imports of lustres; liquid lustres and similar preparationses dropped dramatically to $13K in 2022. Over the period under review, imports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 484%.

Import of Lustres; Liquid Lustres and Similar Preparations in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China28.33.013.811.1-26.8%
Saudi ArabiaN/AN/A5.9N/A0%
Others4.60.72.31.7-28.2%
Total33.03.821.912.8-27.1%

Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to Ghana in 2022:

  1. China (1679.0 kg)

Exports of Lustres; Liquid Lustres and Similar Preparations in Ghana

In 2021, exports of lustres; liquid lustres and similar preparationses from Ghana amounted to 51 kg, approximately equating 2020. Overall, exports continue to indicate significant growth. 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 lustres; liquid lustres and similar preparationses stood at $18K in 2021. Over the period under review, exports saw significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Export of Lustres; Liquid Lustres and Similar Preparations in Ghana (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Cote d'IvoireN/AN/A17.60%
Kenya4.4N/AN/A0%
OthersN/AN/AN/A0%
Total4.4N/A17.6100.0%

Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from Ghana in 2022:

  1. Cote d'Ivoire (51.0 kg)

Source: IndexBox Market Intelligence Platform

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