Report Update Apr 1, 2024

Ghana - Flax, Tow and Waste - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Market for Flax, Tow And Waste 2022

Market Size for Flax, Tow And Waste in Ghana

In 2021, the Ghanian flax, tow and waste market was finally on the rise to reach $X after two years of decline. In general, consumption, however, continues to indicate noticeable growth. Flax, tow and waste consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Flax, Tow And Waste in Ghana

In value terms, flax, tow and waste production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

The average yield of flax, tow and waste in Ghana amounted to less than X kg per ha in 2021, approximately reflecting the previous year. Overall, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. less than X ha of flax, tow and waste were harvested in Ghana; standing approx. at 2020. Overall, the harvested area saw a relatively flat trend pattern.

Exports of Flax, Tow And Waste

Exports from Ghana

In 2021, the amount of flax, tow and waste exported from Ghana amounted to less than X kg, therefore, remained relatively stable against the year before. Over the period under review, exports recorded a relatively flat trend pattern. The exports peaked at X kg in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, flax, tow and waste exports totaled less than $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Australia (X kg) was the main destination for flax, tow and waste exports from Ghana, with a approx. X% share of total exports.

From 2012 to 2016, the average annual growth rate of volume to Australia was relatively modest.

From 2012 to 2016, the average annual growth rate of value to Australia was relatively modest.

Export Prices by Country

The average flax, tow and waste export price stood at $X per ton in 2016, approximately equating the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The export price peaked in 2016 and is likely to see gradual growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2016, the rate of growth in terms of prices for Australia amounted to X% per year.

Imports of Flax, Tow And Waste

Imports into Ghana

After two years of decline, supplies from abroad of flax, tow and waste decreased by X% to less than X kg in 2021. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, imports attained the peak of X kg. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, flax, tow and waste imports amounted to less than $X in 2021. Overall, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2018, Turkey (X kg) was the main flax, tow and waste supplier to Ghana, accounting for a approx. X% share of total imports.

From 2012 to 2018, the average annual rate of growth in terms of volume from Turkey amounted to -X%.

In value terms, Turkey ($X) constituted the largest supplier of flax, tow and waste to Ghana.

From 2012 to 2018, the average annual rate of growth in terms of value from Turkey amounted to -X%.

Import Prices by Country

In 2018, the average flax, tow and waste import price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the import price saw a precipitous descent. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2018, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2018, the rate of growth in terms of prices for Turkey amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for flax, tow and waste in the world?

The countries with the highest volumes of flax, tow and waste consumption in 2021 were China, France and Canada, together accounting for 74% of global consumption.

What are the largest producers of flax, tow and waste in the world?

France constituted the country with the largest volume of flax, tow and waste production, accounting for 54% of total volume. Moreover, flax, tow and waste production in France exceeded the figures recorded by the second-largest producer, Belgium, threefold. Canada ranked third in terms of total production with a 17% share.

What are the leading suppliers of flax, tow and waste to Ghana?

In value terms, Turkey $107) constituted the largest supplier of flax, tow and waste to Ghana.

What is the average export price for flax, tow and waste in Ghana?

The average flax, tow and waste export price stood at $2,101 per ton in 2016, therefore, remained relatively stable against the previous year.

What is the average import price for flax, tow and waste in Ghana?

The average flax, tow and waste import price stood at $4,652 per ton in 2018, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the market for flax, tow and waste 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:

FCL 774 - Flax tow and waste

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023