Report Update Nov 1, 2024

Ghana - Aluminium Hydroxide - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Aluminium Hydroxide Market 2024

Aluminium Hydroxide Market Size in Ghana

The Ghanian aluminium hydroxide market shrank modestly to $X in 2022, which is down by -1.9% against the previous year. Over the period under review, consumption showed a noticeable descent. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Aluminium Hydroxide Production in Ghana

In value terms, aluminium hydroxide production dropped slightly to $X in 2022 estimated in export price. Overall, production saw a deep setback. The pace of growth was the most pronounced in 2013 when the production volume increased by 27% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Aluminium Hydroxide Exports

Exports from Ghana

Aluminium hydroxide exports from Ghana totaled X kg in 2022, almost unchanged from the previous year's figure. Over the period under review, exports continue to indicate a strong expansion. The smallest decline of 99.9% was in 2016. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, aluminium hydroxide exports totaled $X in 2022. In general, exports saw a drastic downturn. The smallest decline of 99.9% was in 2016. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for aluminium hydroxide exports from Ghana, with a approx. 50% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands totaled +39.7%.

From 2012 to 2022, the average annual growth rate of value to the Netherlands totaled +25.8%.

Export Prices by Country

In 2022, the average aluminium hydroxide export price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2016 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -9.9% per year.

Aluminium Hydroxide Imports

Imports into Ghana

After three years of growth, purchases abroad of aluminium hydroxide decreased by -12.1% to X tons in 2022. Over the period under review, imports, however, showed moderate growth. The most prominent rate of growth was recorded in 2017 with an increase of 84% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, aluminium hydroxide imports contracted to $X in 2022. Overall, imports, however, recorded a slight increase. The most prominent rate of growth was recorded in 2014 with an increase of 83%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) was the main supplier of aluminium hydroxide to Ghana, with a approx. 99% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India stood at +16.1%.

In value terms, India ($X) constituted the largest supplier of aluminium hydroxide to Ghana.

From 2012 to 2022, the average annual rate of growth in terms of value from India stood at +11.0%.

Import Prices by Country

The average aluminium hydroxide import price stood at $X per ton in 2022, leveling off at the previous year. Overall, the import price continues to indicate a pronounced reduction. The growth pace was the most rapid in 2014 when the average import price increased by 26% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Israel amounted to +49.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminium hydroxide in the world?

China remains the largest aluminium hydroxide consuming country worldwide, accounting for 15% of total volume. Moreover, aluminium hydroxide consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 3.9% share.

What are the largest producers of aluminium hydroxide in the world?

China constituted the country with the largest volume of aluminium hydroxide production, comprising approx. 15% of total volume. Moreover, aluminium hydroxide production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Brazil, with a 5.1% share.

What are the leading suppliers of aluminium hydroxide to Ghana?

In value terms, India constituted the largest supplier of aluminium hydroxide to Ghana.

What is the average import price for aluminium hydroxide in Ghana?

The average aluminium hydroxide import price stood at $1,390 per ton in 2021, reducing by -3.6% against the previous year.

This report provides an in-depth analysis of the aluminium hydroxide 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 20132570 - Aluminium hydroxide

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