Price for Albumins; Albuminates and Other Albumin Derivatives in Ghana - 2022

Contents:

  1. Price for Albumins; Albuminates and Other Albumin Derivatives in Ghana (CIF) - 2022
  2. Price for Albumins; Albuminates and Other Albumin Derivatives in Ghana (FOB) - 2022
  3. Imports of Albumins; Albuminates and Other Albumin Derivatives in Ghana
  4. Exports of Albumins; Albuminates and Other Albumin Derivatives in Ghana

Price for Albumins; Albuminates and Other Albumin Derivatives in Ghana (CIF) - 2022

The average import price for albumins; albuminates and other albumin derivativeses stood at $2,131 per ton in 2022, declining by -24.2% against the previous year. Over the period under review, the import price showed a drastic downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by 124%. Over the period under review, average import prices reached the maximum at $11,619 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 India ($15,000 per ton), while the price for the United States ($402 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Albumins; Albuminates and Other Albumin Derivatives in Ghana (FOB) - 2022

In 2022, the average export price for albumins; albuminates and other albumin derivativeses amounted to $5,872 per ton, jumping by 366% against the previous year. In general, the export price posted a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($6,938 per ton), while the average price for exports to Australia ($800 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 Togo (+56.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Albumins; Albuminates and Other Albumin Derivatives in Ghana

Imports of albumins; albuminates and other albumin derivativeses into Ghana surged to 6 tons in 2022, with an increase of 90% on 2021 figures. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 1,476%. As a result, imports reached the peak of 13 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of albumins; albuminates and other albumin derivativeses skyrocketed to $13K in 2022. Over the period under review, imports showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 906% against the previous year. As a result, imports attained the peak of $17K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Albumins; Albuminates and Other Albumin Derivatives in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.18.03.94.1244.8%
United Kingdom0.51.81.42.775.4%
France0.10.50.52.0171.4%
United Arab Emirates0.10.50.91.1122.4%
United States0.20.70.50.965.1%
China0.10.30.20.344.2%
TogoN/A3.7N/AN/A0%
Others0.61.31.51.844.2%
Total1.716.88.912.996.5%

Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Ghana in 2022:

  1. United States (2309.0 kg)
  2. France (1493.0 kg)
  3. United Kingdom (969.0 kg)
  4. China (613.0 kg)
  5. Germany (452.0 kg)
  6. United Arab Emirates (149.0 kg)

Exports of Albumins; Albuminates and Other Albumin Derivatives in Ghana

For the third consecutive year, Ghana recorded decline in shipments abroad of albumins; albuminates and other albumin derivativeses, which decreased by -68.3% to 39 kg in 2022. In general, exports showed a dramatic descent. The smallest decline of -22.6% was in 2021.

In value terms, exports of albumins; albuminates and other albumin derivativeses soared to $229 in 2022. Overall, exports faced a sharp slump.

Export of Albumins; Albuminates and Other Albumin Derivatives in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
IrelandN/AN/AN/A2220%
Australia81.019283.04.0-63.3%
United States47.010644.02.0-65.1%
South AfricaN/AN/AN/A1.00%
Cote d'IvoireN/A4.012.0N/A200.0%
Togo322N/A16.0N/A-77.7%
OthersN/AN/AN/AN/A0%
Total450302155229-20.2%

Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from Ghana in 2022:

  1. Ireland (32.0 kg)
  2. Australia (5.0 kg)
  3. United States (1.0 kg)
  4. South Africa (1.0 kg)

Source: IndexBox Market Intelligence Platform

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