Alkali Metals; Sodium Price in Ghana - 2023
Contents:
- Alkali Metals; Sodium Price in Ghana (FOB) - 2022
- Alkali Metals; Sodium Price in Ghana (CIF) - 2022
- Alkali Metals; Sodium Exports in Ghana
- Alkali Metals; Sodium Imports in Ghana
Alkali Metals; Sodium Price in Ghana (FOB) - 2022
The average alkali metals; sodium export price stood at $4,221 per ton in 2022, with an increase of 2.6% against the previous year. In general, the export price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2016 an increase of 55%. The export price peaked at $4,408 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($8,079 per ton), while the average price for exports to Namibia ($2,073 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 Cote d'Ivoire (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.
Alkali Metals; Sodium Price in Ghana (CIF) - 2022
The average alkali metals; sodium import price stood at $1,831 per ton in 2022, with a decrease of -14.4% against the previous year. Overall, the import price saw a pronounced decline. The growth pace was the most rapid in 2017 an increase of 55%. As a result, import price attained the peak level of $3,589 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($15,333 per ton), while the price for South Korea ($818 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (+14.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Alkali Metals; Sodium Exports in Ghana
In 2022, overseas shipments of alkali metals; sodia were finally on the rise to reach 308 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a sharp curtailment.
In value terms, alkali metals; sodium exports rose markedly to $1.3K in 2022. In general, exports, however, continue to indicate a precipitous descent.
| Export of Alkali Metals; Sodium in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 7.8 | 1.0 | 0.8 | 0.6 | -57.5% |
| Mali | 2.9 | 0.4 | 0.3 | 0.3 | -53.1% |
| Namibia | N/A | N/A | N/A | 0.2 | 0% |
| Burkina Faso | 0.7 | 0.1 | 0.1 | 0.2 | -34.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 11.4 | 1.4 | 1.2 | 1.3 | -51.5% |
Top Export Markets for Alkali Metals; Sodium from Ghana in 2022:
- Namibia (110.0 kg)
- Burkina Faso (81.0 kg)
- Cote d'Ivoire (76.0 kg)
- Mali (41.0 kg)
Alkali Metals; Sodium Imports in Ghana
In 2022, supplies from abroad of alkali metals; sodia was finally on the rise to reach 355 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a precipitous slump.
In value terms, alkali metals; sodium imports soared to $650 in 2022. Over the period under review, imports, however, continue to indicate a precipitous descent.
| Import of Alkali Metals; Sodium in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 788 | 464 | 167 | 315 | -26.3% |
| China | 616 | 363 | 130 | 247 | -26.3% |
| South Korea | 56.0 | 24.0 | 6.0 | 9.0 | -45.6% |
| Others | 87.0 | 96.0 | 48.0 | 79.0 | -3.2% |
| Total | 1,547 | 947 | 351 | 650 | -25.1% |
Top Suppliers of Alkali Metals; Sodium to Ghana in 2022:
- China (270.0 kg)
- United States (64.0 kg)
- South Korea (11.0 kg)
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