Price for Tobacco, Unmanufactured; Tobacco Refuse in Ghana - 2022
Contents:
- Price for Tobacco, Unmanufactured; Tobacco Refuse in Ghana (CIF) - 2022
- Imports of Tobacco, Unmanufactured; Tobacco Refuse in Ghana
Price for Tobacco, Unmanufactured; Tobacco Refuse in Ghana (CIF) - 2022
The average tobacco, unmanufactured; tobacco refuse import price stood at $7,104 per ton in 2022, jumping by 44% against the previous year. Overall, the import price enjoyed a moderate 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 Nigeria ($8,797 per ton), while the price for India stood at $189 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+6.6%).
Imports of Tobacco, Unmanufactured; Tobacco Refuse in Ghana
For the third consecutive year, Ghana recorded decline in purchases abroad of tobacco, unmanufactured; tobacco refuses, which decreased by -8.7% to 15 tons in 2022. Overall, imports recorded a abrupt decrease. The smallest decline of -5.6% was in 2020.
In value terms, tobacco, unmanufactured; tobacco refuse imports skyrocketed to $85K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Tobacco, Unmanufactured; Tobacco Refuse in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Nigeria | 46.1 | 57.3 | 68.5 | 82.4 | 21.4% |
India | 1.8 | 1.5 | 1.3 | 1.1 | -15.1% |
Others | 1.4 | 0.5 | 1.4 | 1.8 | 8.7% |
Total | 49.4 | 59.3 | 71.1 | 85.4 | 20.0% |
Top Suppliers of Tobacco, Unmanufactured; Tobacco Refuse to Ghana in 2022:
- Nigeria (9.4 tons)
- India (5.7 tons)
This report provides an in-depth analysis of the unmanufactured tobacco market in Ghana.
This report provides an in-depth analysis of the global unmanufactured tobacco market.
This report provides an in-depth analysis of the unmanufactured tobacco market in Ghana.
This report provides an in-depth analysis of the global unmanufactured tobacco market.
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