Report Update Nov 1, 2024

Ghana - Button Blanks & Button Moulds - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Market for Button Blanks & Button Moulds 2024

Market Size for Button Blanks & Button Moulds in Ghana

In 2022, the Ghanian button blanks and moulds market decreased by -22.3% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, enjoyed a significant expansion. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Exports of Button Blanks & Button Moulds

Exports from Ghana

In 2022, after ten years of growth, there was decline in overseas shipments of button blanks & button moulds, when their volume decreased by -2.9% to X kg. Over the period under review, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2013 with an increase of 124% against the previous year. Over the period under review, the exports reached the maximum at X kg in 2021, and then dropped slightly in the following year.

In value terms, button blanks and moulds exports contracted to $X in 2022. Overall, exports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2014 when exports increased by 79%. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Burkina Faso (X kg) was the main destination for button blanks and moulds exports from Ghana, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Burkina Faso totaled +19.5%.

In value terms, Burkina Faso ($X) also remains the key foreign market for button blanks & button moulds exports from Ghana.

From 2012 to 2022, the average annual rate of growth in terms of value to Burkina Faso stood at +17.9%.

Export Prices by Country

In 2022, the average button blanks and moulds export price amounted to $X per ton, picking up by 1.8% against the previous year. Over the period under review, the export price, however, showed a slight contraction. The pace of growth appeared the most rapid in 2015 an increase of 17%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Burkina Faso amounted to -1.3% per year.

Imports of Button Blanks & Button Moulds

Imports into Ghana

After two years of growth, purchases abroad of button blanks & button moulds decreased by -22.1% to X tons in 2022. Overall, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2014 with an increase of 6,597%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, button blanks and moulds imports dropped significantly to $X in 2022. Over the period under review, imports, however, showed a resilient increase. The pace of growth was the most pronounced in 2014 with an increase of 1,283% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest button blanks and moulds supplier to Ghana, accounting for a 65% share of total imports. Moreover, button blanks and moulds imports from China exceeded the figures recorded by the second-largest supplier, India (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China stood at +30.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+20.4% per year) and Belgium (+33.7% per year).

In value terms, China ($X) constituted the largest supplier of button blanks & button moulds to Ghana, comprising 65% of total imports. The second position in the ranking was taken by India ($X), with a 6% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +38.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-0.5% per year) and Belgium (+29.2% per year).

Import Prices by Country

In 2022, the average button blanks and moulds import price amounted to $X per ton, with an increase of 3% against the previous year. Over the period under review, the import price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 241% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for button blanks & button moulds in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 35% share of global consumption. Pakistan, Japan, Germany, Brazil, Indonesia, Italy, the UK, France, Turkey and Mexico lagged somewhat behind, together accounting for a further 33%.

What are the largest producers of button blanks & button moulds in the world?

China remains the largest button blanks and moulds producing country worldwide, accounting for 22% of total volume. Moreover, button blanks and moulds production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 9.4% share.

What are the leading suppliers of button blanks & button moulds to Ghana?

In value terms, China constituted the largest supplier of button blanks and moulds to Ghana.

What are the leading importers of button blanks & button moulds from Ghana?

In value terms, Burkina Faso remains the key foreign market for button blanks and moulds exports from Ghana.

What is the average export price for button blanks & button moulds in Ghana?

The average button blanks and moulds export price stood at $7,460 per ton in 2021, increasing by 3.5% against the previous year.

What is the average import price for button blanks & button moulds in Ghana?

The average button blanks and moulds import price stood at $1,655 per ton in 2021, stabilizing at the previous year.

This report provides an in-depth analysis of the market for button blanks and moulds 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 32992430 - Button blanks, button moulds and other parts of buttons

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