Ghana - Inks (Excluding Printing Ink) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Ghana - Inks (Excluding Printing Ink) - Market Analysis, Forecast, Size, Trends And Insights

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Ink Price in Ghana - 2022

Contents:

  1. Ink Price in Ghana (CIF) - 2022
  2. Ink Price in Ghana (FOB) - 2022
  3. Ink Imports in Ghana
  4. Ink Exports in Ghana

Ink Price in Ghana (CIF) - 2022

The average ink import price stood at $11,120 per ton in 2022, growing by 6.6% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 61% against the previous year. As a result, import price attained the peak level of $13,912 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($83,252 per ton), while the price for Turkey ($1,467 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Ink Price in Ghana (FOB) - 2022

The average ink export price stood at $7,276 per ton in 2022, shrinking by -11.2% against the previous year. Over the period under review, the export price showed a abrupt downturn. The most prominent rate of growth was recorded in 2019 an increase of 89%. As a result, the export price attained the peak level of $25,649 per ton. From 2020 to 2022, the average 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 ($10,600 per ton), while the average price for exports to Sierra Leone ($5,345 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 Nigeria (+74.1%), while the prices for the other major destinations experienced mixed trend patterns.

Ink Imports in Ghana

Ink imports into Ghana totaled 184 tons in 2022, approximately reflecting the previous year's figure. In general, imports, however, continue to indicate a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 30% against the previous year. As a result, imports attained the peak of 417 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, ink imports rose remarkably to $2.1M in 2022. Over the period under review, imports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 11%. As a result, imports attained the peak of $3.4M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Ink in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7212,419655662-2.8%
Netherlands5.72.83.5378304.8%
United Kingdom46.718817634194.0%
France987402587320-31.3%
India45976.577.473.8-45.6%
Mauritius11943.641.537.1-32.2%
Turkey20.41.86.66.5-31.7%
Others749313362233-32.2%
Total3,1073,4471,9092,051-12.9%

Top Suppliers of Ink to Ghana in 2022:

  1. China (117.8 tons)
  2. United Kingdom (21.5 tons)
  3. France (16.0 tons)
  4. Mauritius (6.6 tons)
  5. Netherlands (4.5 tons)
  6. Turkey (4.4 tons)
  7. India (1.7 tons)

Ink Exports in Ghana

In 2022, approx. 532 kg of inks (excluding printing ink) were exported from Ghana; picking up by 22% compared with 2021. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 324%. As a result, the exports attained the peak of 785 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, ink exports rose remarkably to $3.9K in 2022. Overall, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 85% against the previous year. As a result, the exports attained the peak of $8.8K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Ink in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire4.33.51.23.5-6.6%
Sierra LeoneN/A0.90.60.2-52.9%
Burkina Faso0.32.91.20.1-30.7%
TogoN/A0.80.40.1-64.6%
Others0.10.60.10.10.0%
Total4.78.83.63.9-6.0%

Top Export Markets for Ink from Ghana in 2022:

  1. Cote d'Ivoire (486.0 kg)
  2. Sierra Leone (29.0 kg)
  3. Burkina Faso (10.0 kg)
  4. Togo (3.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ink market in Ghana. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20593000 - Inks (excluding printing ink)

Country coverage:

  • Ghana

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Ghana
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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