Ghana: Market for Unwrought Lead Containing Antimony 2021

Market Size for Unwrought Lead Containing Antimony in Ghana

In 2020, the Ghanian unwrought lead containing antimony market decreased by -X% to $X, falling for the third consecutive year after five years of growth. Over the period under review, consumption, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2017 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X. From 2018 to 2020, the growth of the market failed to regain the momentum.

Production of Unwrought Lead Containing Antimony in Ghana

In value terms, unwrought lead containing antimony production declined markedly to $X in 2020 estimated in export prices. Overall, production, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

Exports of Unwrought Lead Containing Antimony

Exports from Ghana

In 2020, approx. X tons of unwrought lead containing antimony were exported from Ghana; reducing by -X% against 2019. Over the period under review, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at X tons in 2012; however, from 2013 to 2020, exports remained at a lower figure.

In value terms, unwrought lead containing antimony exports declined significantly to $X in 2020. In general, exports recorded a dramatic decline. The pace of growth appeared the most rapid in 2019 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for unwrought lead containing antimony exports from Ghana, accounting for a X% share of total exports. Moreover, unwrought lead containing antimony exports to China exceeded the volume sent to the second major destination, Indonesia (X tons), twofold. The third position in this ranking was occupied by South Korea (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to China totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+X% per year) and South Korea (-X% per year).

In value terms, China ($X) remains the key foreign market for unwrought lead containing antimony exports from Ghana, comprising X% of total exports. The second position in the ranking was occupied by Indonesia ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2007 to 2020, the average annual growth rate of value to China stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (-X% per year) and South Korea (-X% per year).

Export Prices by Country

In 2020, the average unwrought lead containing antimony export price amounted to $X per ton, reducing by -X% against the previous year. Overall, the export price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2017 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per ton in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2020, the countries with the highest prices were South Korea ($X per ton) and China ($X per ton), while the average price for exports to Indonesia ($X per ton) and Greece ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Greece, while the prices for the other major destinations experienced a decline.

Imports of Unwrought Lead Containing Antimony

Imports into Ghana

In 2020, the amount of unwrought lead containing antimony imported into Ghana dropped rapidly to X kg, reducing by -X% against the previous year's figure. In general, imports recorded a deep contraction. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X kg in 2007; however, from 2008 to 2020, imports stood at a somewhat lower figure.

In value terms, unwrought lead containing antimony imports soared to $X in 2020. Over the period under review, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, South Africa (X kg) was the main unwrought lead containing antimony supplier to Ghana, with a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from South Africa amounted to -X%.

In value terms, South Africa ($X) constituted the largest supplier of unwrought lead containing antimony to Ghana.

From 2007 to 2020, the average annual rate of growth in terms of value from South Africa amounted to -X%.

Import Prices by Country

In 2020, the average unwrought lead containing antimony import price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the import price showed a prominent expansion. The pace of growth was the most pronounced in 2008 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs in 2020 and is likely to see gradual growth in the near future.

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

From 2007 to 2020, the rate of growth in terms of prices for South Africa amounted to +X% per year.

Source: IndexBox Platform

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