Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Ghana - 2023

Contents:

  1. Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Ghana (CIF) - 2022
  2. Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Ghana

Price for Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Ghana (CIF) - 2022

In 2022, the average import price for polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s amounted to $3,192 per ton, growing by 32% against the previous year. Over the period under review, the import price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2018 an increase of 104%. Over the period under review, average import prices reached the peak figure at $4,544 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Nigeria ($6,317 per ton), while the price for Thailand ($1,141 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+122.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Ghana

In 2022, after two years of decline, there was significant decline in supplies from abroad of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s, when their volume decreased by -54.7% to 47 tons. Over the period under review, imports, however, enjoyed a significant increase.

In value terms, imports of polyphosphates; (other than sodium triphosphate (sodium tripolyphosphate))s dropped rapidly to $149K in 2022. Overall, imports, however, recorded strong growth.

Import of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany45.6N/A10645.80.1%
Netherlands0.1N/A35.528.1555.0%
NigeriaN/AN/AN/A16.90%
India0.5N/A27.015.2212.1%
Lebanon1.0N/A12.29.6112.5%
Belgium17.3N/A32.39.1-19.3%
United Arab EmiratesN/AN/A3.86.160.5%
Spain0.3N/A2.13.0115.4%
SwitzerlandN/AN/A18.1N/A0%
Others33.7N/A11.715.5-22.8%
Total98.6N/A24914914.8%

Top Suppliers of Polyphosphates; (Other than Sodium Triphosphate (Sodium Tripolyphosphate)) to Ghana in 2022:

  1. Netherlands (9.4 tons)
  2. Germany (9.2 tons)
  3. Lebanon (5.3 tons)
  4. United Arab Emirates (4.5 tons)
  5. India (4.0 tons)
  6. Belgium (3.1 tons)
  7. Nigeria (2.7 tons)
  8. Spain (2.5 tons)

Source: IndexBox Market Intelligence Platform

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