Metals; Silver Powder Price in Ghana - 2022
Contents:
Metals; Silver Powder Price in Ghana (CIF) - 2022
In 2022, the average metals; silver powder import price amounted to $239,500 per ton, increasing by 11% against the previous year. In general, the import price, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2017 when the average import price increased by 117%. The import price peaked at $685,000 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($441,000 per ton), while the price for Australia totaled $38,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-6.9%), while the prices for the other major suppliers experienced a decline.
Metals; Silver Powder Imports in Ghana
In 2022, overseas purchases of metals; silver powder decreased by 0% to 2 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a deep downturn. The smallest decline of -33.3% was in 2020.
In value terms, metals; silver powder imports rose rapidly to $479 in 2022. The total import value increased at an average annual rate of +11.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 11% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Metals; Silver Powder in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 263 | 325 | 382 | 441 | 18.8% |
| Australia | 75.0 | 63.0 | 49.0 | 38.0 | -20.3% |
| China | 11.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 349 | 388 | 431 | 479 | 11.1% |
Top Suppliers of Metals; Silver Powder to Ghana in 2022:
- Australia (1.0 kg)
- South Africa (1.0 kg)
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