Ghana: Market for Non-Soap Surface-Active Washing and Cleaning Preparations 2024

Market Size for Non-Soap Surface-Active Washing and Cleaning Preparations in Ghana

In 2022, the Ghanian market for non-soap surface-active washing and cleaning preparations decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption continues to indicate a perceptible contraction. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Exports of Non-Soap Surface-Active Washing and Cleaning Preparations

Exports from Ghana

In 2022, approx. X tons of non-soap surface-active washing and cleaning preparations were exported from Ghana; stabilizing at 2021. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2014 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of non-soap surface-active washing and cleaning preparations soared to $X in 2022. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2014 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Cote d'Ivoire (X tons) was the main destination for exports of non-soap surface-active washing and cleaning preparations from Ghana, with a X% share of total exports. Moreover, exports of non-soap surface-active washing and cleaning preparations to Cote d'Ivoire exceeded the volume sent to the second major destination, Burkina Faso (X tons), threefold. The third position in this ranking was held by Togo (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cote d'Ivoire amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (X% per year) and Togo (X% per year).

In value terms, Cote d'Ivoire ($X) remains the key foreign market for non-soap surface-active washing and cleaning preparations exports from Ghana, comprising X% of total exports. The second position in the ranking was taken by Burkina Faso ($X), with a X% share of total exports. It was followed by Nigeria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cote d'Ivoire stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (X% per year) and Nigeria (X% per year).

Export Prices by Country

The average export price for non-soap surface-active washing and cleaning preparations stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price recorded a slight increase. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 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 Nigeria ($X per ton), while the average price for exports to Togo ($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 Togo (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Imports of Non-Soap Surface-Active Washing and Cleaning Preparations

Imports into Ghana

After two years of growth, purchases abroad of non-soap surface-active washing and cleaning preparations decreased by X% to X tons in 2022. Over the period under review, imports, however, enjoyed pronounced growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports of hit record highs at X tons in 2021, and then shrank remarkably in the following year.

In value terms, imports of non-soap surface-active washing and cleaning preparations dropped markedly to $X in 2022. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum at $X in 2021, and then reduced notably in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest non-soap surface-active washing and cleaning preparations supplier to Ghana, with a X% share of total imports. Moreover, imports of non-soap surface-active washing and cleaning preparations from China exceeded the figures recorded by the second-largest supplier, Lebanon (X tons), threefold. Cote d'Ivoire (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (X% per year) and Cote d'Ivoire (X% per year).

In value terms, the largest non-soap surface-active washing and cleaning preparations suppliers to Ghana were China ($X), Lebanon ($X) and Cote d'Ivoire ($X), with a combined X% share of total imports.

Lebanon, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for non-soap surface-active washing and cleaning preparations stood at $X per ton in 2022, rising by X% against the previous year. Over the period under review, the import price, however, recorded a pronounced decrease. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($X per ton), while the price for Cote d'Ivoire ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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