Report Update Nov 1, 2024

Ghana - Articles and Accessories for Billiards - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Billiard Accessoires Market 2024

Billiard Accessoires Market Size in Ghana

The Ghanian billiard accessoires market soared to $X in 2022, picking up by 26% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a remarkable increase. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Billiard Accessoires Exports

Exports from Ghana

In 2022, after two years of growth, there was significant decline in shipments abroad of articles and accessories for billiards, when their volume decreased by -9.4% to X kg. In general, exports recorded a dramatic descent. The growth pace was the most rapid in 2021 when exports increased by 4.9%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, billiard accessoires exports reduced to $X in 2022. Overall, exports recorded a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 37% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Burkina Faso (X kg) was the main destination for billiard accessoires exports from Ghana, with a 97% share of total exports. It was followed by Thailand (X kg), with a 2.6% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Burkina Faso totaled -19.8%.

In value terms, Burkina Faso ($X) and Thailand ($X) appeared to be the largest markets for billiard accessoires exported from Ghana worldwide.

Thailand, with a CAGR of +20.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average billiard accessoires export price amounted to $X per ton, almost unchanged from the previous year. Overall, the export price showed a deep contraction. The pace of growth was the most pronounced in 2020 an increase of 34% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Burkina Faso stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+12.4%).

Billiard Accessoires Imports

Imports into Ghana

In 2022, the amount of articles and accessories for billiards imported into Ghana skyrocketed to X tons, increasing by 19% on the year before. In general, imports enjoyed moderate growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,786%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, billiard accessoires imports skyrocketed to $X in 2022. Overall, imports saw buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 680%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest billiard accessoires supplier to Ghana, accounting for a 83% share of total imports. Moreover, billiard accessoires imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+55.4% per year) and South Africa (-22.0% per year).

In value terms, China ($X) constituted the largest supplier of articles and accessories for billiards to Ghana, comprising 79% of total imports. The second position in the ranking was taken by the United States ($X), with a 10% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +20.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+62.2% per year) and South Africa (-16.0% per year).

Import Prices by Country

The average billiard accessoires import price stood at $X per ton in 2022, with an increase of 13% against the previous year. Over the period under review, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of 87%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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 South Africa ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (+126.7%), 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 articles and accessories for billiards in the world?

China constituted the country with the largest volume of billiard accessoires consumption, accounting for 25% of total volume. Moreover, billiard accessoires consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 9.1% share.

What are the largest producers of articles and accessories for billiards in the world?

The country with the largest volume of billiard accessoires production was China, accounting for 42% of total volume. Moreover, billiard accessoires production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The third position in this ranking was occupied by Brazil, with a 4.8% share.

What are the leading suppliers of articles and accessories for billiards to Ghana?

In value terms, China constituted the largest supplier of billiard accessoires to Ghana, comprising 52% of total imports. The second position in the ranking was occupied by South Africa, with a 21% share of total imports.

What are the leading importers of articles and accessories for billiards from Ghana?

In value terms, the largest markets for billiard accessoires exported from Ghana were Burkina Faso $341) and Thailand $219).

What is the average export price for articles and accessories for billiards in Ghana?

The average billiard accessoires export price stood at $3,128 per ton in 2021, falling by -40.8% against the previous year.

What is the average import price for articles and accessories for billiards in Ghana?

The average billiard accessoires import price stood at $3,025 per ton in 2021, reducing by -8% against the previous year.

This report provides an in-depth analysis of the billiard accessoires 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 32404210 - Articles and accessories for billiards (excluding mechanical counters, time meters and cue racks)

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