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Report Ghana - Angles, Shapes and Sections (Of Iron or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

Ghana - Angles, Shapes and Sections (Of Iron or Non-Alloy Steel) - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Iron Angle Market 2025

Iron Angle Market Size in Ghana

In 2021, the Ghanian iron angle market increased by 2.6% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, posted a buoyant expansion. Iron angle consumption peaked in 2021 and is likely to see steady growth in years to come.

Iron Angle Exports

Exports from Ghana

In 2021, approx. X tons of angles, shapes and sections (of iron or non-alloy steel) were exported from Ghana; rising by 18% compared with the previous year's figure. Overall, exports showed a prominent expansion. The pace of growth appeared the most rapid in 2014 with an increase of 77%. Over the period under review, the exports hit record highs in 2021 and are likely to see gradual growth in years to come.

In value terms, iron angle exports skyrocketed to $X in 2021. Over the period under review, exports showed a strong expansion. The most prominent rate of growth was recorded in 2017 when exports increased by 49% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Burkina Faso (X tons), Niger (X tons) and Benin (X tons) were the main destinations of iron angle exports from Ghana, together comprising 85% of total exports. Togo and Mali lagged somewhat behind, together comprising a further 14%.

From 2012 to 2021, the biggest increases were recorded for Mali (with a CAGR of +42.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Niger ($X), Burkina Faso ($X) and Benin ($X) appeared to be the largest markets for iron angle exported from Ghana worldwide, with a combined 84% share of total exports. Togo and Mali lagged somewhat behind, together comprising a further 15%.

Mali, with a CAGR of +44.7%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average iron angle export price amounted to $X per ton, growing by 5.6% against the previous year. In general, the export price, however, saw a perceptible decline. The pace of growth was the most pronounced in 2018 an increase of 14% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Mali ($X per ton), while the average price for exports to Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Togo (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Iron Angle Imports

Imports into Ghana

In 2021, imports of angles, shapes and sections (of iron or non-alloy steel) into Ghana dropped remarkably to X tons, falling by -15.8% compared with 2020 figures. Over the period under review, imports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2013 when imports increased by 131%. Imports peaked at X tons in 2020, and then dropped notably in the following year.

In value terms, iron angle imports stood at $X in 2021. In general, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 133% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

China (X tons), the United Arab Emirates (X tons) and the United States (X tons) were the main suppliers of iron angle imports to Ghana, with a combined 69% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +89.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the United Arab Emirates ($X) and the United States ($X) appeared to be the largest iron angle suppliers to Ghana, with a combined 71% share of total imports.

The United Arab Emirates, with a CAGR of +88.1%, 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 more modest paces of growth.

Import Prices by Country

In 2021, the average iron angle import price amounted to $X per ton, surging by 33% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+2.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest iron angle consuming country worldwide, accounting for 60% of total volume. Moreover, iron angle consumption in China exceeded the figures recorded by the second-largest consumer, India, more than tenfold. Iran ranked third in terms of total consumption with a 4.1% share.
China constituted the country with the largest volume of iron angle production, comprising approx. 61% of total volume. Moreover, iron angle production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. The third position in this ranking was occupied by Iran, with a 4.1% share.
In value terms, Turkey constituted the largest supplier of iron angle to Ghana, comprising 67% of total imports. The second position in the ranking was occupied by China, with a 22% share of total imports.
In value terms, Burkina Faso, Benin and Togo constituted the largest markets for iron angle exported from Ghana worldwide, together comprising 93% of total exports.
The average iron angle export price stood at $504 per ton in 2021, declining by -1.6% against the previous year.
In 2021, the average iron angle import price amounted to $615 per ton, declining by -1.9% against the previous year.

This report provides an in-depth analysis of the iron angle 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 24107110 - U-sections of a web height of .80 mm or more (of non-alloy steel)
  • Prodcom 24107120 - I-sections of a web height of .80 mm or more (of non-alloy steel)
  • Prodcom 24107130 - H-sections of a web height of .80 mm or more (of non-alloy steel)
  • Prodcom 24107140 - Other open sections, not further worked than hot-rolled, hotdrawn or extruded, of non-alloy steel

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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Free Data: Angles, Shapes And Sections (Of Iron Or Non-Alloy Steel) - Ghana
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