
Ghana - Calcium Carbonate - Market Analysis, Forecast, Size, Trends and Insights
Ghana: Calcium Carbonate Market 2023
Calcium Carbonate Market Size in Ghana
The Ghanian calcium carbonate market surged to $X in 2021, growing by 74% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed buoyant growth. Calcium carbonate consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.
Calcium Carbonate Exports
Exports from Ghana
In 2021, shipments abroad of calcium carbonate was finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by 100%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
In value terms, calcium carbonate exports skyrocketed to $X in 2021. In general, exports, however, faced a abrupt contraction. The pace of growth was the most pronounced in 2017 with an increase of 99% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Burkina Faso (X tons), Senegal (X tons) and Cote d'Ivoire (X tons) were the main destinations of calcium carbonate exports from Ghana, with a combined 99% share of total exports.
From 2012 to 2021, the biggest increases were recorded for Burkina Faso (with a CAGR of +20.1%), while shipments for the other leaders experienced mixed trend patterns.
In value terms, Senegal ($X), Burkina Faso ($X) and Cote d'Ivoire ($X) constituted the largest markets for calcium carbonate exported from Ghana worldwide, with a combined 97% share of total exports.
Burkina Faso, with a CAGR of +34.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.
Export Prices by Country
The average calcium carbonate export price stood at $X per ton in 2021, remaining stable against the previous year. Overall, the export price posted a notable expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Senegal ($X per ton), while the average price for exports to Burkina Faso ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Liberia (+188.0%), while the prices for the other major destinations experienced more modest paces of growth.
Calcium Carbonate Imports
Imports into Ghana
In 2021, imports of calcium carbonate into Ghana soared to X tons, with an increase of 77% against the previous year's figure. Overall, imports enjoyed a buoyant expansion. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.
In value terms, calcium carbonate imports soared to $X in 2021. Over the period under review, imports recorded resilient growth. The growth pace was the most rapid in 2015 with an increase of 102%. Imports peaked in 2021 and are expected to retain growth in years to come.
Imports by Country
Tunisia (X tons), Egypt (X tons) and China (X tons) were the main suppliers of calcium carbonate imports to Ghana, together comprising 57% of total imports. These countries were followed by Malaysia, South Africa, Brazil, Belgium, Italy, France and Spain, which together accounted for a further 20%.
From 2012 to 2021, the biggest increases were recorded for South Africa (with a CAGR of +36.6%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest calcium carbonate suppliers to Ghana were Egypt ($X), China ($X) and Tunisia ($X), with a combined 65% share of total imports. Malaysia, South Africa, Brazil, Belgium, Italy, France and Spain lagged somewhat behind, together comprising a further 20%.
Among the main suppliers, South Africa, with a CAGR of +46.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average calcium carbonate import price amounted to $X per ton, with a decrease of -2.9% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, calcium carbonate import price increased by +106.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 113%. As a result, import price reached the peak level of $X per ton, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Tunisia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the calcium carbonate 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.
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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
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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
- 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
- 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
- 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 2012–2022
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
- 9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2022
- 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
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LIST OF TABLES
- Key Findings In 2022
- Market Volume, In Physical Terms, 2012–2022
- Market Value, 2012–2022
- Per Capita Consumption In 2012-2022
- Imports, In Physical Terms, By Country, 2012–2022
- Imports, In Value Terms, By Country, 2012–2022
- Import Prices, By Country Of Origin, 2012–2022
- Exports, In Physical Terms, By Country, 2012–2022
- Exports, In Value Terms, By Country, 2012–2022
- Export Prices, By Country Of Destination, 2012–2022
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2022
- Market Value, 2012–2022
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
- Trade Balance, In Physical Terms, 2012-2022
- Trade Balance, In Value Terms, 2012-2022
- Per Capita Consumption, 2012-2022
- 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, 2012–2022
- Production, In Value Terms, 2012–2022
- Imports, In Physical Terms, 2012–2022
- Imports, In Value Terms, 2012–2022
- Imports, In Physical Terms, By Country, 2022
- Imports, In Physical Terms, By Country, 2012–2022
- Imports, In Value Terms, By Country, 2012–2022
- Import Prices, By Country Of Origin, 2012–2022
- Exports, In Physical Terms, 2012–2022
- Exports, In Value Terms, 2012–2022
- Exports, In Physical Terms, By Country, 2022
- Exports, In Physical Terms, By Country, 2012–2022
- Exports, In Value Terms, By Country, 2012–2022
- Export Prices, By Country Of Destination, 2012–2022
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