Report Update Nov 1, 2024

Ghana - Calcareous Building Stone - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Calcareous Building Stone Market 2024

Calcareous Building Stone Market Size in Ghana

In 2021, the Ghanian calcareous building stone market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption posted a tangible expansion. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Calcareous Building Stone Production in Ghana

In value terms, calcareous building stone production soared to $X in 2021 estimated in export price. Over the period under review, production showed slight growth. The pace of growth appeared the most rapid in 2014 when the production volume increased by 172%. Calcareous building stone production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Calcareous Building Stone Exports

Exports from Ghana

In 2021, overseas shipments of calcareous building stone increased by 0.6% to X tons, rising for the fourth year in a row after five years of decline. In general, exports, however, saw a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 76%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, calcareous building stone exports reached $X in 2021. Overall, exports, however, recorded a sharp reduction. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Togo (X tons) was the main destination for calcareous building stone exports from Ghana, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Togo amounted to -23.3%.

In value terms, Togo ($X) also remains the key foreign market for calcareous building stone exports from Ghana.

From 2012 to 2021, the average annual growth rate of value to Togo amounted to -24.7%.

Export Prices by Country

The average calcareous building stone export price stood at $X per ton in 2021, leveling off at the previous year. In general, the export price showed a mild downturn. The growth pace was the most rapid in 2016 an increase of 115%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Togo amounted to -1.8% per year.

Calcareous Building Stone Imports

Imports into Ghana

In 2021, purchases abroad of calcareous building stone increased by 163% to X tons, rising for the second consecutive year after two years of decline. In general, imports showed prominent growth. The pace of growth appeared the most rapid in 2013 with an increase of 1,809% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, calcareous building stone imports soared to $X in 2021. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2013 when imports increased by 2,464%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Togo (X tons) was the main calcareous building stone supplier to Ghana, accounting for a 96% share of total imports. Moreover, calcareous building stone imports from Togo exceeded the figures recorded by the second-largest supplier, Benin (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Togo stood at +42.7%.

In value terms, Togo ($X) constituted the largest supplier of calcareous building stone to Ghana, comprising 94% of total imports. The second position in the ranking was held by Benin ($X), with a 5.2% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Togo stood at +60.7%.

Import Prices by Country

The average calcareous building stone import price stood at $X per ton in 2021, reducing by -49% against the previous year. Overall, the import price, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by 89%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Benin ($X per ton), while the price for Togo totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Benin (+20.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for calcareous building stone in the world?

The countries with the highest volumes of calcareous building stone consumption in 2021 were China, the United States and Italy, together comprising 33% of global consumption.

What are the largest producers of calcareous building stone in the world?

The countries with the highest volumes of calcareous building stone production in 2021 were China, the United States and Italy, with a combined 33% share of global production.

What are the leading suppliers of calcareous building stone to Ghana?

In value terms, Togo constituted the largest supplier of calcareous building stone to Ghana.

What are the leading importers of calcareous building stone from Ghana?

In value terms, Togo remains the key foreign market for calcareous building stone exports from Ghana.

What is the average export price for calcareous building stone in Ghana?

The average calcareous building stone export price stood at $1,395 per ton in 2021, which is down by -10.1% against the previous year.

What is the average import price for calcareous building stone in Ghana?

The average calcareous building stone import price stood at $402 per ton in 2021, which is down by -1.6% against the previous year.

This report provides an in-depth analysis of the calcareous building stone 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 08111150 - Ecaussine and other calcareous monumental or building stone of an apparent specific gravity . 2,5

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