Ghana: Market for Non-Kaolinitic Clays for Constructional and Industrial Use 2024

Market Size for Non-Kaolinitic Clays for Constructional and Industrial Use in Ghana

In 2022, the Ghanian market for non-kaolinitic clays for constructional and industrial use increased by X% to $X, rising for the sixth consecutive year after two years of decline. Over the period under review, consumption continues to indicate a buoyant expansion. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the immediate term.

Production of Non-Kaolinitic Clays for Constructional and Industrial Use in Ghana

In value terms, production of non-kaolinitic clays for constructional and industrial use declined to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth failed to regain momentum.

Exports of Non-Kaolinitic Clays for Constructional and Industrial Use

Exports from Ghana

In 2022, the amount of non-kaolinitic clays for constructional and industrial use exported from Ghana rose slightly to X tons, surging by X% compared with 2021 figures. Over the period under review, exports, however, recorded a perceptible contraction. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of non-kaolinitic clays for constructional and industrial use rose to $X in 2022. In general, exports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports of attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Pakistan (X tons) was the main destination for exports of non-kaolinitic clays for constructional and industrial use from Ghana, with a X% share of total exports. Moreover, exports of non-kaolinitic clays for constructional and industrial use to Pakistan exceeded the volume sent to the second major destination, the United States (X tons), threefold. Burkina Faso (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Pakistan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Burkina Faso (X% per year).

In value terms, the largest markets for non-kaolinitic clays for constructional and industrial use exported from Ghana were the United States ($X), Pakistan ($X) and Burkina Faso ($X), together comprising X% of total exports.

Among the main countries of destination, the United States, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average export price for non-kaolinitic clays for constructional and industrial use amounted to $X per ton, which is down by X% against the previous year. In general, the export price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mali ($X per ton), while the average price for exports to Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mali (X%), while the prices for the other major destinations experienced a decline.

Imports of Non-Kaolinitic Clays for Constructional and Industrial Use

Imports into Ghana

Imports of non-kaolinitic clays for constructional and industrial use into Ghana was estimated at X tons in 2022, with an increase of X% compared with the previous year's figure. Over the period under review, imports posted resilient growth. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, imports of non-kaolinitic clays for constructional and industrial use rose rapidly to $X in 2022. Overall, imports recorded a resilient increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest non-kaolinitic clays for constructional and industrial use supplier to Ghana, accounting for a X% share of total imports. Moreover, imports of non-kaolinitic clays for constructional and industrial use from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and the United States (X% per year).

In value terms, China ($X), the United States ($X) and Spain ($X) were the largest non-kaolinitic clays for constructional and industrial use suppliers to Ghana, together comprising X% of total imports. India, Lebanon, South Africa, Morocco and the UK lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Lebanon, with a CAGR of X%, recorded the highest growth rate of 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 2022, the average import price for non-kaolinitic clays for constructional and industrial use amounted to $X per ton, remaining stable against the previous year. Over the period under review, the import price, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average 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 Spain ($X per ton), while the price for India ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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