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Report Ghana - Insulating Board - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 1, 2023

Ghana - Insulating Board - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Insulating Board Market 2023

Insulating Board Market Size in Ghana

The Ghanian insulating board market reduced modestly to $X in 2021, approximately reflecting the previous year. Overall, consumption saw a deep reduction. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Insulating Board Production in Ghana

In value terms, insulating board production amounted to $X in 2021 estimated in export price. Overall, production continues to indicate a deep slump. The pace of growth was the most pronounced in 2015 when the production volume increased by 18%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Insulating Board Exports

Exports from Ghana

In 2021, overseas shipments of insulating board decreased by -1.5% to X cubic meters, falling for the second year in a row after two years of growth. In general, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of 227% against the previous year. The exports peaked at X cubic meters in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, insulating board exports reduced to $X in 2021. Overall, exports, however, posted a prominent expansion. The growth pace was the most rapid in 2019 with an increase of 265% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Niger (X cubic meters) was the main destination for insulating board exports from Ghana, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Niger amounted to +24.1%.

In value terms, Niger ($X) also remains the key foreign market for insulating board exports from Ghana.

From 2012 to 2021, the average annual rate of growth in terms of value to Niger totaled +81.6%.

Export Prices by Country

In 2021, the average insulating board export price amounted to $X per cubic meter, with a decrease of -12% against the previous year. Over the period under review, the export price recorded a noticeable slump. The growth pace was the most rapid in 2013 when the average export price increased by 94%. Over the period under review, the average export prices reached the peak figure at $X per cubic meter in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to +2,511.1% per year.

Insulating Board Imports

Imports into Ghana

In 2021, purchases abroad of insulating board decreased by -26.2% to X cubic meters, falling for the second year in a row after five years of growth. Over the period under review, imports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2015 when imports increased by 155%. Imports peaked at X cubic meters in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, insulating board imports reduced remarkably to $X in 2021. In general, imports, however, recorded noticeable growth. The growth pace was the most rapid in 2015 with an increase of 217% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X cubic meters), Malaysia (X cubic meters) and Turkey (X cubic meters) were the main suppliers of insulating board imports to Ghana, with a combined 84% share of total imports. These countries were followed by Vietnam and Portugal, which together accounted for a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +36.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), China ($X) and Malaysia ($X) constituted the largest insulating board suppliers to Ghana, together accounting for 76% of total imports. These countries were followed by Turkey and Vietnam, which together accounted for a further 20%.

Vietnam, with a CAGR of +19.7%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average insulating board import price stood at $X per cubic meter in 2021, with a decrease of -22.1% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by 31%. Over the period under review, average import prices hit record highs at $X per cubic meter in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Portugal ($X per cubic meter), while the price for Turkey ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+16.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for insulating board in the world?
+
The countries with the highest volumes of consumption in 2021 were India, the United States and Pakistan, with a combined 34% share of global consumption. Brazil, Germany, Mexico, Turkey, the UK, Italy, Egypt, Thailand, Malaysia and Argentina lagged somewhat behind, together comprising a further 31%.
What are the largest producers of insulating board in the world?
+
The countries with the highest volumes of production in 2021 were India, the United States and Pakistan, with a combined 34% share of global production. These countries were followed by Brazil, Turkey, Germany, Poland, Mexico, Thailand, the UK, Malaysia, Egypt and Italy, which together accounted for a further 36%.
What are the leading suppliers of insulating board to Ghana?
+
In value terms, Portugal, China and Malaysia were the largest insulating board suppliers to Ghana, together accounting for 76% of total imports. Turkey and Vietnam lagged somewhat behind, together comprising a further 20%.
What are the leading importers of insulating board from Ghana?
+
In value terms, Niger remains the key foreign market for insulating board exports from Ghana.
What is the average export price for insulating board in Ghana?
+
The average insulating board export price stood at $195 per cubic meter in 2021, falling by -12% against the previous year.
What is the average import price for insulating board in Ghana?
+
In 2021, the average insulating board import price amounted to $342 per cubic meter, shrinking by -22.1% against the previous year.

This report provides an in-depth analysis of the insulating board 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:
• FCL 1650 - Other fibreboard
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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
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

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
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
5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
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
6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
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
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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