Report Update Nov 1, 2024

Ghana - Activated Carbon - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Activated Carbon Market 2024

Activated Carbon Market Size in Ghana

In 2022, after four years of growth, there was significant decline in the Ghanian activated carbon market, when its value decreased by -11.8% to $X. Overall, consumption, however, posted a temperate expansion. Over the period under review, the market hit record highs at $X in 2021, and then contracted in the following year.

Activated Carbon Exports

Exports from Ghana

In 2022, overseas shipments of activated carbon were finally on the rise to reach X tons after three years of decline. Overall, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 967% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, activated carbon exports contracted to $X in 2022. Over the period under review, exports, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of 700%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Niger (X tons), Burkina Faso (X tons) and Cote d'Ivoire (X tons) were the main destinations of activated carbon exports from Ghana, with a combined 100% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Niger (with a CAGR of +8.5%), while shipments for the other leaders experienced a decline.

In value terms, Niger ($X), Burkina Faso ($X) and Cote d'Ivoire ($X) were the largest markets for activated carbon exported from Ghana worldwide, with a combined 99% share of total exports.

In terms of the main countries of destination, Niger, with a CAGR of +8.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average activated carbon export price stood at $X per ton in 2022, falling by -21.3% against the previous year. Overall, the export price showed a noticeable contraction. The most prominent rate of growth was recorded in 2016 an increase of 47%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while the average price for exports to Burkina Faso ($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 South Africa (+15.3%), while the prices for the other major destinations experienced mixed trend patterns.

Activated Carbon Imports

Imports into Ghana

In 2022, purchases abroad of activated carbon decreased by -8% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted prominent growth. The growth pace was the most rapid in 2014 when imports increased by 56% against the previous year. Imports peaked at X tons in 2021, and then shrank in the following year.

In value terms, activated carbon imports shrank to $X in 2022. In general, imports, however, posted a tangible increase. The most prominent rate of growth was recorded in 2020 when imports increased by 43%. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, India (X tons) constituted the largest activated carbon supplier to Ghana, with a 65% share of total imports. Moreover, activated carbon imports from India exceeded the figures recorded by the second-largest supplier, Sri Lanka (X tons), fourfold. The third position in this ranking was held by the Philippines (X tons), with a 6.1% share.

From 2012 to 2022, the average annual growth rate of volume from India totaled +32.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (+38.2% per year) and the Philippines (-16.8% per year).

In value terms, India ($X) constituted the largest supplier of activated carbon to Ghana, comprising 62% of total imports. The second position in the ranking was taken by Sri Lanka ($X), with a 20% share of total imports. It was followed by the Philippines, with a 5.9% share.

From 2012 to 2022, the average annual growth rate of value from India totaled +30.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (+41.3% per year) and the Philippines (-19.3% per year).

Import Prices by Country

In 2022, the average activated carbon import price amounted to $X per ton, declining by -5.3% against the previous year. Over the period under review, the import price saw a perceptible descent. The most prominent rate of growth was recorded in 2018 when the average import price increased by 50% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, 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 Sri Lanka ($X per ton), while the price for Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for activated carbon in the world?

China remains the largest activated carbon consuming country worldwide, accounting for 29% of total volume. Moreover, activated carbon consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. India ranked third in terms of total consumption with an 8.6% share.

What are the largest producers of activated carbon in the world?

China constituted the country with the largest volume of activated carbon production, comprising approx. 35% of total volume. Moreover, activated carbon production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 9.8% share.

What are the leading suppliers of activated carbon to Ghana?

In value terms, India constituted the largest supplier of activated carbon to Ghana, comprising 59% of total imports. The second position in the ranking was occupied by the Philippines, with a 16% share of total imports. It was followed by Vietnam, with a 4.6% share.

What are the leading importers of activated carbon from Ghana?

In value terms, Mali remains the key foreign market for activated carbon exports from Ghana, comprising 66% of total exports. The second position in the ranking was occupied by Niger, with a 20% share of total exports.

What is the average export price for activated carbon in Ghana?

In 2021, the average activated carbon export price amounted to $3,110 per ton, growing by 7.9% against the previous year.

What is the average import price for activated carbon in Ghana?

In 2021, the average activated carbon import price amounted to $2,074 per ton, picking up by 3% against the previous year.

This report provides an in-depth analysis of the activated carbon 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:

Prodcom 20595400 - Activated carbon

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. TOP EXPORTING COUNTRIES
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
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 VOLUME AND VALUE
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023