Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Ghana - 2023

Contents:

  1. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Ghana (CIF) - 2022
  2. Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Ghana (FOB) - 2022
  3. Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Ghana
  4. Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Ghana

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Ghana (CIF) - 2022

The average import price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds stood at $1,230 per ton in 2022, picking up by 29% against the previous year. Overall, the import price, however, saw a perceptible downturn. Over the period under review, average import prices hit record highs at $2,699 per ton in 2016; however, from 2017 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 the UK ($47,594 per ton), while the price for South Korea ($673 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+42.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Ghana (FOB) - 2022

In 2022, the average export price for sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds amounted to $5,512 per ton, increasing by 2.5% against the previous year. Over the period under review, the export price, however, recorded a slight setback. The pace of growth appeared the most rapid in 2018 an increase of 97% against the previous year. Over the period under review, the average export prices hit record highs at $6,255 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burkina Faso ($10,681 per ton), while the average price for exports to Cote d'Ivoire stood at $4,800 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (-0.2%).

Imports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Ghana

In 2022, imports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds into Ghana shrank sharply to 199 tons, with a decrease of -36.9% against 2021 figures. In general, imports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 282% against the previous year. As a result, imports attained the peak of 315 tons, and then reduced sharply in the following year.

In value terms, imports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds reduced rapidly to $245K in 2022. Overall, imports showed a perceptible decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 59% against the previous year. As a result, imports attained the peak of $300K, and then dropped markedly in the following year.

Import of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea60.759.672.594.916.1%
India6.421.439.981.0133.0%
Australia8.79.011.616.022.5%
Belgium8.28.511.015.222.8%
China14444.316.82.4-74.5%
KuwaitN/AN/A121N/A0%
Others53.446.327.135.0-13.1%
Total282189300245-4.6%

Top Suppliers of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated to Ghana in 2022:

  1. South Korea (140.9 tons)
  2. India (34.2 tons)
  3. Australia (8.1 tons)
  4. Belgium (4.3 tons)
  5. China (0.7 tons)

Exports of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Ghana

In 2022, shipments abroad of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds decreased by -30.1% to 2.6 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 152% against the previous year. As a result, the exports reached the peak of 3.7 tons, and then contracted dramatically in the following year.

In value terms, exports of sulphonated, nitrated or nitrosated derivatives of hydrocarbons; whether or not halogenateds dropped notably to $14K in 2022. In general, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 131%.

Export of Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire2.96.214.611.056.0%
Burkina Faso0.42.55.63.4104.1%
Others0.4N/AN/AN/A0%
Total3.88.720.114.455.9%

Top Export Markets for Sulphonated, Nitrated or Nitrosated Derivatives of Hydrocarbons; Whether or Not Halogenated from Ghana in 2022:

  1. Cote d'Ivoire (2.3 tons)
  2. Burkina Faso (0.3 tons)

Source: IndexBox Market Intelligence Platform

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