Ghana - Isoprene Rubber (IR) in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Isoprene Rubber (IR) in Primary Form in Ghana - 2022
Contents:
- Price for Isoprene Rubber (IR) in Primary Form in Ghana (FOB) - 2022
- Price for Isoprene Rubber (IR) in Primary Form in Ghana (CIF) - 2022
- Exports of Isoprene Rubber (IR) in Primary Form in Ghana
- Imports of Isoprene Rubber (IR) in Primary Form in Ghana
Price for Isoprene Rubber (IR) in Primary Form in Ghana (FOB) - 2022
The average export price for isoprene rubber (IR) in primary forms stood at $8,172 per ton in 2022, picking up by 26% against the previous year. In general, the export price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 26%. Over the period under review, the average export prices hit record highs at $30,194 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Burkina Faso.
From 2012 to 2022, the rate of growth in terms of prices for Burkina Faso amounted to -12.3% per year.
Price for Isoprene Rubber (IR) in Primary Form in Ghana (CIF) - 2022
In 2022, the average import price for isoprene rubber (IR) in primary forms amounted to $21,661 per ton, surging by 68% against the previous year. Over the period under review, the import price enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2017 an increase of 280%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($59,071 per ton), while the price for Belgium ($808 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+43.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Isoprene Rubber (IR) in Primary Form in Ghana
For the third consecutive year, Ghana recorded decline in shipments abroad of isoprene rubber (IR) in primary forms, which decreased by -17.7% to 11 tons in 2022. Over the period under review, exports recorded a abrupt curtailment. The smallest decline of -17.7% was in 2021.
In value terms, exports of isoprene rubber (IR) in primary forms totaled $91K in 2022. The total export value increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 3.9%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Isoprene Rubber (IR) in Primary Form in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burkina Faso | 80.8 | 83.9 | 87.2 | 90.7 | 3.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 80.8 | 83.9 | 87.2 | 90.7 | 3.9% |
Top Export Markets for Isoprene Rubber (IR) in Primary Form from Ghana in 2022:
- Burkina Faso (11.1 tons)
Imports of Isoprene Rubber (IR) in Primary Form in Ghana
In 2022, overseas purchases of isoprene rubber (IR) in primary forms decreased by -22.5% to 183 kg, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 6.8%. As a result, imports attained the peak of 284 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of isoprene rubber (IR) in primary forms surged to $4K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +24.2% 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 +91.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Isoprene Rubber (IR) in Primary Form in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | N/A | N/A | 2,481 | 0% |
| Germany | 1,335 | 2,433 | 2,248 | 1,371 | 0.9% |
| Belgium | 130 | 200 | 156 | 80.0 | -14.9% |
| United States | 29.0 | 55.0 | 51.0 | 32.0 | 3.3% |
| India | 573 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 582 | N/A | 0% |
| Total | 2,067 | 2,688 | 3,037 | 3,964 | 24.2% |
Top Suppliers of Isoprene Rubber (IR) in Primary Form to Ghana in 2022:
- Belgium (99.0 kg)
- South Africa (42.0 kg)
- Germany (29.0 kg)
- United States (13.0 kg)
This report provides an in-depth analysis of the market for isoprene rubber (ir) in primary form 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:
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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