Price for Rosin and Resin Acids in Ghana - 2022
Contents:
Price for Rosin and Resin Acids in Ghana (CIF) - 2022
The average rosin and resin acids import price stood at $2,180 per ton in 2022, falling by -7.3% against the previous year. Over the period under review, the import price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2018 an increase of 44%. Over the period under review, average import prices reached the maximum at $5,155 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Hong Kong SAR ($3,165 per ton), while the price for Nigeria ($112 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-7.4%), while the prices for the other major suppliers experienced a decline.
Imports of Rosin and Resin Acids in Ghana
In 2022, imports of rosin and resin acidses into Ghana declined significantly to 20 tons, falling by -63.6% against the previous year. Overall, imports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 203% against the previous year. As a result, imports reached the peak of 54 tons, and then plummeted in the following year.
In value terms, rosin and resin acids imports dropped sharply to $43K in 2022. Over the period under review, imports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 241%. As a result, imports reached the peak of $128K, and then dropped significantly in the following year.
| Import of Rosin and Resin Acids in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 37.1 | 28.3 | 60.7 | 28.4 | -8.5% |
| China | 10.7 | 7.2 | 61.7 | 10.5 | -0.6% |
| United Arab Emirates | N/A | N/A | N/A | 0.9 | 0% |
| Togo | 0.4 | 0.4 | 1.3 | 0.8 | 26.0% |
| Nigeria | 0.4 | 0.3 | 0.5 | 0.2 | -20.6% |
| Others | 1.3 | 1.4 | 4.0 | 2.5 | 24.4% |
| Total | 50.0 | 37.6 | 128 | 43.3 | -4.7% |
Top Suppliers of Rosin and Resin Acids to Ghana in 2022:
- Hong Kong SAR (9.0 tons)
- China (5.1 tons)
- Togo (3.0 tons)
- Nigeria (2.1 tons)
- United Arab Emirates (0.5 tons)
260
This report provides an in-depth analysis of the market for rosin and resin acids in Ghana.
753
This report provides an in-depth analysis of the global market for rosin and resin acids.
260
This report provides an in-depth analysis of the market for rosin and resin acids in Ghana.
753
This report provides an in-depth analysis of the global market for rosin and resin acids.
675
In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
687
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
675
In value terms, rosin and resin acids and derivatives thereof imports amounted to $X in 2016. In general, rosin and resin acids and derivatives thereof imports continue to indicate a relatively fla...
687
In value terms, rosin and resin acids and derivatives thereof exports totaled $X in 2016. Overall, it indicated a slight growth from 2007 to 2016: the total exports value decreased at an average an...
