Report Update Apr 1, 2024

Ghana - Dolomite - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Dolomite Market 2024

Dolomite Market Size in Ghana

After two years of decline, the Ghanian dolomite market increased by 17% to $X in 2021. Over the period under review, consumption, however, recorded a perceptible reduction. Dolomite consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Dolomite Production in Ghana

In value terms, dolomite production surged to $X in 2021 estimated in export price. Over the period under review, production, however, saw a mild curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 67% against the previous year. Dolomite production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Dolomite Exports

Exports from Ghana

In 2020, exports of dolomite from Ghana surged to X tons, jumping by 396% on the previous year. In general, exports, however, saw a perceptible downturn. The exports peaked at X tons in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.

In value terms, dolomite exports soared to $X in 2020. Overall, exports, however, showed a abrupt decrease. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire (X tons) was the main destination for dolomite exports from Ghana, with a approx. 100% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Cote d'Ivoire totaled +396.2%.

In value terms, Cote d'Ivoire ($X) also remains the key foreign market for dolomite exports from Ghana.

From 2012 to 2020, the average annual growth rate of value to Cote d'Ivoire amounted to +255.7%.

Export Prices by Country

The average dolomite export price stood at $X per ton in 2020, which is down by -28.3% against the previous year. In general, the export price showed a pronounced slump. The growth pace was the most rapid in 2013 when the average export price decreased by -1.7% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2020, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2020, the rate of growth in terms of prices for Russia amounted to +10.1% per year.

Dolomite Imports

Imports into Ghana

In 2021, supplies from abroad of dolomite decreased by -0.3% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2013 when imports increased by 86% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, dolomite imports reduced to $X in 2021. Overall, imports showed a precipitous contraction. The most prominent rate of growth was recorded in 2013 with an increase of 64% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

France (X tons), China (X tons) and Norway (X tons) were the main suppliers of dolomite imports to Ghana, with a combined 54% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of -12.7%), while purchases for the other leaders experienced a decline.

In value terms, China ($X), Norway ($X) and France ($X) constituted the largest dolomite suppliers to Ghana, together comprising 72% of total imports.

In terms of the main suppliers, China, with a CAGR of -16.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average dolomite import price stood at $X per ton in 2021, waning by -8.9% against the previous year. Over the period under review, the import price continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2014 when the average import price increased by 74% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Norway ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+24.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dolomite in the world?

The countries with the highest volumes of consumption in 2021 were China, the United States and India, together comprising 37% of global consumption. These countries were followed by Russia, Spain, Pakistan, Indonesia, Hungary, Brazil, Poland, Italy, Nigeria and the Philippines, which together accounted for a further 32%.

What are the largest producers of dolomite in the world?

China constituted the country with the largest volume of dolomite production, comprising approx. 19% of total volume. Moreover, dolomite production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was taken by Russia, with a 7.2% share.

What are the leading suppliers of dolomite to Ghana?

In value terms, the largest dolomite suppliers to Ghana were China $758), Norway $635) and France $531), together comprising 72% of total imports.

What are the leading importers of dolomite from Ghana?

In value terms, Cote d'Ivoire remains the key foreign market for dolomite exports from Ghana.

What is the average export price for dolomite in Ghana?

The average dolomite export price stood at $117 per ton in 2020, falling by -28.3% against the previous year.

What is the average import price for dolomite in Ghana?

The average dolomite import price stood at $116 per ton in 2021, declining by -8.9% against the previous year.

This report provides an in-depth analysis of the dolomite 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 08113030 - Dolomite, crude, roughly trimmed or merely cut into rectangular or square blocks or slabs (excluding calcined or sintered dolomite, agglomerated dolomite and broken or crushed dolomite for concrete aggregates, road metalling or railway or other ballast)

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