Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Ghana - 2022

Contents:

  1. Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Ghana (FOB) - 2022
  2. Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Ghana

Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Ghana (FOB) - 2022

In 2022, the average export price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) amounted to $1,200 per ton, dropping by -39.9% against the previous year. In general, the export price saw a perceptible decline. The pace of growth was the most pronounced in 2017 when the average export price increased by 1,369%. As a result, the export price reached the peak level of $25,547 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -4.1% per year.

Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Ghana

In 2022, approx. 621 kg of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) were exported from Ghana; with an increase of 141% on 2021. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) surged to $745 in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa35642851574527.9%
OthersN/AN/AN/AN/A0%
Total35642851574527.9%

Top Export Markets for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) from Ghana in 2022:

  1. South Africa (621.0 kg)

Source: IndexBox Market Intelligence Platform

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