Report Update Nov 1, 2024

Ghana - Articles of Goldsmiths’ Wares of Base Metal Clad With Precious Metal - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Market for Articles of Goldsmiths’ Wares of Base Metal Clad with Precious Metal 2024

Market Size for Articles of Goldsmiths’ Wares of Base Metal Clad with Precious Metal in Ghana

The Ghanian market for articles of goldsmiths’ wares of base metal clad with precious metal declined to $X in 2022, which is down by -8.7% against the previous year. Overall, consumption, however, recorded buoyant growth. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Articles of Goldsmiths’ Wares of Base Metal Clad with Precious Metal in Ghana

In value terms, production of articles of goldsmiths’ wares of base metal clad with precious metal declined to $X in 2022 estimated in export price. Over the period under review, production, however, recorded buoyant growth. The pace of growth was the most pronounced in 2019 with an increase of 68%. As a result, production attained the peak level of $X. From 2020 to 2022, production of growth remained at a somewhat lower figure.

Exports of Articles of Goldsmiths’ Wares of Base Metal Clad with Precious Metal

Exports from Ghana

In 2020, overseas shipments of articles of goldsmiths’ wares of base metal clad with precious metal decreased by 0% to X kg for the first time since 2017, thus ending a two-year declining trend. In general, exports saw a precipitous descent. The smallest decline of 99.9% was in 2018. The exports peaked at X kg in 2013; however, from 2014 to 2020, the exports stood at a somewhat lower figure.

In value terms, exports of articles of goldsmiths’ wares of base metal clad with precious metal amounted to $X in 2020. Over the period under review, exports saw a significant curtailment. The smallest decline of 99.9% was in 2018. The exports peaked at $X in 2013; however, from 2014 to 2020, the exports stood at a somewhat lower figure.

Export Prices by Country

The average export price for articles of goldsmiths’ wares of base metal clad with precious metal stood at $X per ton in 2020, leveling off at the previous year. In general, the export price saw a notable expansion. The most prominent rate of growth was recorded in 2018 when the average export price decreased by 99.9%. Over the period under review, the average export prices attained the maximum in 2020 and is expected to retain growth in the near future.

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

From 2013 to 2020, the rate of growth in terms of prices for Botswana amounted to 0.0% per year.

Imports of Articles of Goldsmiths’ Wares of Base Metal Clad with Precious Metal

Imports into Ghana

In 2022, overseas purchases of articles of goldsmiths’ wares of base metal clad with precious metal increased by 17% to X kg, rising for the third year in a row after two years of decline. Over the period under review, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of 2,600%. Over the period under review, imports of hit record highs at X kg in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, imports of articles of goldsmiths’ wares of base metal clad with precious metal reduced to $X in 2022. Overall, imports, however, recorded a sharp setback. The growth pace was the most rapid in 2017 when imports increased by 3,112% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X kg) constituted the largest precious metal-clad goldsmiths ware articles of base metals supplier to Ghana, accounting for a 71% share of total imports. Moreover, imports of articles of goldsmiths’ wares of base metal clad with precious metal from India exceeded the figures recorded by the second-largest supplier, the United States (X kg), threefold.

From 2012 to 2022, the average annual growth rate of volume from India amounted to +2.3%.

In value terms, India ($X) constituted the largest supplier of articles of goldsmiths’ wares of base metal clad with precious metal to Ghana, comprising 77% of total imports. The second position in the ranking was taken by the United States ($X), with a 19% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled +4.2%.

Import Prices by Country

The average import price for articles of goldsmiths’ wares of base metal clad with precious metal stood at $X per ton in 2022, waning by -12.6% against the previous year. Overall, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of 381% 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.

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 India ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for articles of goldsmiths’ wares of base metal clad with precious metal in the world?

The countries with the highest volumes of consumption of articles of goldsmiths’ wares of base metal clad with precious metal in 2020 were Italy, China and Romania, together accounting for 43% of global consumption.

What are the largest producers of articles of goldsmiths’ wares of base metal clad with precious metal in the world?

The countries with the highest volumes of production of articles of goldsmiths’ wares of base metal clad with precious metal in 2020 were Italy, China and Romania, together accounting for 44% of global production.

What are the leading suppliers of articles of goldsmiths’ wares of base metal clad with precious metal to Ghana?

In value terms, India $68) constituted the largest supplier of ware of metal clad with precious metal to Ghana, comprising 73% of total imports. The second position in the ranking was occupied by the United States $14), with a 15% share of total imports.

What is the average export price for articles of goldsmiths’ wares of base metal clad with precious metal in Ghana?

The average export price for articles of goldsmiths’ wares of base metal clad with precious metal stood at $24,000 per ton in 2020, therefore, remained relatively stable against the previous year.

What is the average import price for articles of goldsmiths’ wares of base metal clad with precious metal in Ghana?

In 2020, the average import price for articles of goldsmiths’ wares of base metal clad with precious metal amounted to $2,341 per ton, shrinking by -39.6% against the previous year.

This report provides an in-depth analysis of the market for precious metal-clad goldsmiths ware articles of base metals 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 32121355 - Articles of goldsmiths

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
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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