Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Ghana - 2022
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Ghana (CIF) - 2022
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Ghana (FOB) - 2022
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Ghana
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Ghana
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Ghana (CIF) - 2022
In 2022, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $2,343 per ton, shrinking by -2.2% against the previous year. Overall, the import price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2015 an increase of 7.3% against the previous year. Over the period under review, average import prices attained the maximum at $3,053 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 the United States ($13,630 per ton), while the price for Belgium ($1,747 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Ghana (FOB) - 2022
The average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $1,331 per ton in 2022, shrinking by -5.3% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 when the average export price increased by 14% against the previous year. The export price peaked at $2,304 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burkina Faso ($1,424 per ton), while the average price for exports to China ($83 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Ghana
In 2022, approx. 7.4K tons of adhesives; prepared, based on rubber or plastics (including artificial resins) were imported into Ghana; remaining relatively unchanged against 2021 figures. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -0.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year. As a result, imports attained the peak of 7.4K tons; afterwards, it flattened through to 2022.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) reduced to $17M in 2022. The total import value increased at an average annual rate of +11.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 36% against the previous year.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Ghana (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.8 | 10.1 | 10.8 | 10.9 | 82.3% |
| Italy | 0.7 | 2.2 | 2.0 | 1.1 | 16.3% |
| Thailand | 0.3 | 0.7 | 0.8 | 0.9 | 44.2% |
| Germany | 0.5 | 0.4 | 0.6 | 0.6 | 6.3% |
| Netherlands | 0.1 | 0.6 | 0.3 | 0.5 | 71.0% |
| India | 0.6 | 0.2 | 0.5 | 0.5 | -5.9% |
| South Africa | 1.7 | 0.5 | 0.4 | 0.4 | -38.3% |
| United Arab Emirates | 0.5 | 0.2 | 0.3 | 0.4 | -7.2% |
| Others | 6.2 | 2.0 | 1.9 | 1.9 | -32.6% |
| Total | 12.4 | 16.9 | 17.6 | 17.2 | 11.5% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Ghana in 2022:
- China (5605.1 tons)
- Italy (444.6 tons)
- Thailand (269.6 tons)
- India (227.3 tons)
- Germany (130.2 tons)
- Netherlands (117.7 tons)
- United Arab Emirates (108.7 tons)
- South Africa (79.5 tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Ghana
In 2022, approx. 23 tons of adhesives; prepared, based on rubber or plastics (including artificial resins) were exported from Ghana; with a decrease of -13% on the previous year's figure. Overall, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 35%.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) reduced markedly to $30K in 2022. In general, exports faced a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burkina Faso | 5,133 | 22.6 | 34.8 | 27.9 | -82.4% |
| Mali | 87.7 | 0.9 | 1.7 | 1.6 | -73.7% |
| China | 9.7 | 0.1 | 0.1 | 0.1 | -78.2% |
| Malaysia | 274 | N/A | N/A | N/A | 0% |
| Others | 13.5 | 0.2 | 0.2 | 0.7 | -62.7% |
| Total | 5,517 | 23.8 | 36.8 | 30.3 | -82.4% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Ghana in 2022:
- Burkina Faso (19.6 tons)
- China (1.5 tons)
- Mali (1.4 tons)
251
This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Ghana.
283
This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
251
This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Ghana.
283
This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
189
Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
189
Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
