Report Update: May 1, 2024

Ghana - Household Articles And Toilet Articles Of Plastics - Market Analysis, Forecast, Size, Trends And Insights

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Plastic Household Articles Price in Ghana - 2022

Plastic Household Articles Price in Ghana (CIF) - 2022

The average plastic household articles import price stood at $2,564 per ton in 2022, surging by 3.1% against the previous year. In general, the import price, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2020 an increase of 45% against the previous year. The import price peaked at $2,841 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($5,962 per ton), while the price for the United Arab Emirates ($889 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Plastic Household Articles Price in Ghana (FOB) - 2022

The average plastic household articles export price stood at $2,002 per ton in 2022, falling by -20.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 32%. As a result, the export price attained the peak level of $2,532 per ton, and then contracted markedly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($9,547 per ton), while the average price for exports to Niger ($1,622 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 Benin (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Articles Imports in Ghana

In 2022, imports of household articles and toilet articles of plastics into Ghana shrank remarkably to 22K tons, declining by -16.7% compared with the previous year. In general, imports continue to indicate a slight slump. The pace of growth was the most pronounced in 2021 when imports increased by 49%. As a result, imports attained the peak of 27K tons, and then shrank notably in the following year.

In value terms, plastic household articles imports shrank to $57M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. As a result, imports reached the peak of $67M, and then fell in the following year.

Import of Plastic Household Articles in Ghana (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	8.0	18.3	25.4	21.0	37.9%
United Kingdom	11.2	10.0	18.9	17.9	16.9%
China	10.3	17.3	18.5	15.2	13.9%
United Arab Emirates	1.1	0.8	1.7	1.5	10.9%
Others	12.4	1.5	2.1	1.5	-50.5%
Total	42.9	47.8	66.6	57.2	10.1%

Top Suppliers of Plastic Household Articles to Ghana in 2022:

United Kingdom (11.3K tons)
United States (6.2K tons)
China (2.6K tons)
United Arab Emirates (1.7K tons)

Plastic Household Articles Exports in Ghana

After two years of decline, shipments abroad of household articles and toilet articles of plastics increased by 26% to 874 tons in 2022. Over the period under review, exports, however, showed a abrupt contraction.

In value terms, plastic household articles exports declined slightly to $1.8M in 2022. Overall, exports, however, continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 0.5% against the previous year.

Export of Plastic Household Articles in Ghana (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Burkina Faso	575	883	670	1,138	25.6%
Cote d'Ivoire	466	546	702	305	-13.2%
Niger	145	159	183	187	8.8%
Benin	85.3	79.9	73.7	67.5	-7.5%
Mali	719	N/A	N/A	N/A	0%
Others	54.6	78.2	125	52.7	-1.2%
Total	2,044	1,746	1,755	1,751	-5.0%

Top Export Markets for Plastic Household Articles from Ghana in 2022:

Burkina Faso (700.0 tons)
Niger (115.4 tons)
Cote d'Ivoire (32.0 tons)
Benin (14.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plastic household articles 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 22292340 - Household articles and toilet articles, of plastics (excluding tableware, kitchenware, baths, shower-baths, washbasins, b idets, lavatory pans, seats and covers, flushing cisterns and similar sanitary ware)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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