Report Ghana - Derivatives of Hydrocarbons other than Containing Only Sulpho-, Nitro-, or Nitroso Groups - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Ghana - Derivatives of Hydrocarbons other than Containing Only Sulpho-, Nitro-, or Nitroso Groups - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Derivatives Of Hydrocarbons Market 2024

Derivatives Of Hydrocarbons Market Size in Ghana

In 2022, the Ghanian derivatives of hydrocarbons market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, showed prominent growth. Over the period under review, the market reached the maximum level at $X in 2021, and then fell dramatically in the following year.

Derivatives Of Hydrocarbons Exports

Exports from Ghana

In 2022, after three years of growth, there was significant decline in overseas shipments of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups, when their volume decreased by X% to X kg. Overall, exports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then fell dramatically in the following year.

In value terms, derivatives of hydrocarbons exports reduced dramatically to $X in 2022. In general, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

Burkina Faso (X kg) was the main destination for derivatives of hydrocarbons exports from Ghana, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Burkina Faso amounted to X%.

In value terms, Burkina Faso ($X) emerged as the key foreign market for derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups exports from Ghana.

From 2012 to 2022, the average annual rate of growth in terms of value to Burkina Faso amounted to X%.

Export Prices by Country

In 2022, the average derivatives of hydrocarbons export price amounted to $X per ton, jumping by X% against the previous year. Overall, the export price saw a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 X% per year.

Derivatives Of Hydrocarbons Imports

Imports into Ghana

In 2022, after two years of growth, there was significant decline in overseas purchases of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups, when their volume decreased by X% to X tons. Over the period under review, imports, however, posted a resilient expansion. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then dropped significantly in the following year.

In value terms, derivatives of hydrocarbons imports fell markedly to $X in 2022. Overall, imports, however, posted tangible growth. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2021, and then reduced remarkably in the following year.

Imports by Country

In 2022, India (X tons) was the main derivatives of hydrocarbons supplier to Ghana, with a X% share of total imports. It was followed by South Africa (X tons), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India stood at X%.

In value terms, India ($X) constituted the largest supplier of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups to Ghana, comprising X% of total imports. The second position in the ranking was taken by South Africa ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from India stood at X%.

Import Prices by Country

The average derivatives of hydrocarbons import price stood at $X per ton in 2022, leveling off at the previous year. Over the period under review, the import price showed a perceptible contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a 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 South Africa ($X per ton), while the price for India stood at $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of consumption in 2023 were Kuwait, Japan and India, with a combined 47% share of global consumption. Germany, Spain, Brazil, Algeria, Turkey, Australia, Italy, the United States and South Korea lagged somewhat behind, together accounting for a further 36%.
Kuwait remains the largest derivatives of hydrocarbons producing country worldwide, comprising approx. 93% of total volume. Moreover, derivatives of hydrocarbons production in Kuwait exceeded the figures recorded by the second-largest producer, China, more than tenfold.
In value terms, India constituted the largest supplier of derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups to Ghana, comprising 93% of total imports. The second position in the ranking was held by South Africa, with a 5.1% share of total imports.
In value terms, Burkina Faso emerged as the key foreign market for derivatives of hydrocarbons other than containing only sulpho-, nitro-, or nitroso groups exports from Ghana.
In 2022, the average derivatives of hydrocarbons export price amounted to $12,812 per ton, with an increase of 138% against the previous year.
The average derivatives of hydrocarbons import price stood at $881 per ton in 2022, remaining constant against the previous year.

This report provides an in-depth analysis of the derivatives of hydrocarbons 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 20141490 - Derivatives of hydrocarbons (excluding those containing only sulpho groups, their salts and ethyl esters, those containing only nitro or only nitroso groups)

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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