Report Update Feb 1, 2025

Ghana - Baths of Iron or Steel - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Metal Bath Market 2025

Metal Bath Market Size in Ghana

In 2021, the Ghanian metal bath market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption recorded a perceptible increase. Metal bath consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Metal Bath Exports

Exports from Ghana

In 2021, shipments abroad of baths of iron or steel decreased by -4.1% to X kg, falling for the seventh year in a row after three years of growth. Overall, exports showed a sharp slump. The pace of growth appeared the most rapid in 2014 with an increase of 58% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, metal bath exports contracted modestly to $X in 2021. Over the period under review, exports saw a sharp contraction. The pace of growth was the most pronounced in 2014 with an increase of 17% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Senegal (X tons) was the main destination for metal bath exports from Ghana, with a approx. 1,041% share of total exports.

From 2014 to 2021, the average annual growth rate of volume to Senegal was relatively modest.

From 2014 to 2021, the average annual rate of growth in terms of value to Senegal was relatively modest.

Export Prices by Country

The average metal bath export price stood at $X per ton in 2021, picking up by 3.5% against the previous year. In general, the export price showed a remarkable increase. The growth pace was the most rapid in 2018 an increase of 74% against the previous year. Over the period under review, the average export prices reached the maximum in 2021 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 Senegal.

From 2014 to 2021, the rate of growth in terms of prices for Niger amounted to 0.0% per year.

Metal Bath Imports

Imports into Ghana

In 2021, supplies from abroad of baths of iron or steel increased by 2.1% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by 418% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, metal bath imports skyrocketed to $X in 2021. In general, imports enjoyed a measured expansion. The pace of growth was the most pronounced in 2015 when imports increased by 239%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Thailand (X tons) and Italy (X tons) were the main suppliers of metal bath imports to Ghana, with a combined 50% share of total imports. These countries were followed by India, the United Arab Emirates, the United States, the UK, Israel, Germany, South Africa and Belgium, which together accounted for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Africa (with a CAGR of +13.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest metal bath suppliers to Ghana were China ($X), India ($X) and Thailand ($X), with a combined 31% share of total imports. These countries were followed by Italy, Germany, the UK, Belgium, South Africa, the United States, the United Arab Emirates and Israel, which together accounted for a further 29%.

Among the main suppliers, Germany, with a CAGR of +22.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average metal bath import price stood at $X per ton in 2021, rising by 25% against the previous year. Overall, import price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +3.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal bath import price increased by +90.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 52%. Over the period under review, average import prices reached the peak figure in 2021 and is likely to continue growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+40.2%), 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 baths of iron or steel in the world?

China constituted the country with the largest volume of metal bath consumption, comprising approx. 24% of total volume. Moreover, metal bath consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 10% share.

What are the largest producers of baths of iron or steel in the world?

China remains the largest metal bath producing country worldwide, accounting for 29% of total volume. Moreover, metal bath production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 9.6% share.

What are the leading suppliers of baths of iron or steel to Ghana?

In value terms, China constituted the largest supplier of metal bath to Ghana, comprising 32% of total imports. The second position in the ranking was occupied by Thailand, with an 11% share of total imports. It was followed by India, with an 11% share.

What is the average export price for baths of iron or steel in Ghana?

The average metal bath export price stood at $189 per ton in 2019, waning by -93.7% against the previous year.

What is the average import price for baths of iron or steel in Ghana?

The average metal bath import price stood at $2,184 per ton in 2020, waning by -4% against the previous year.

This report provides an in-depth analysis of the metal bath 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 25991127 - Baths of iron or 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:

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 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
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