Report Update Nov 1, 2024

Ghana - Calcium Carbonate - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Calcium Carbonate Market 2024

Calcium Carbonate Market Size in Ghana

The Ghanian calcium carbonate market surged to $X in 2021, growing by 74% 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 buoyant growth. Calcium carbonate consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Calcium Carbonate Exports

Exports from Ghana

In 2021, shipments abroad of calcium carbonate was finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by 100%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, calcium carbonate exports skyrocketed to $X in 2021. In general, exports, however, faced a abrupt contraction. The pace of growth was the most pronounced in 2017 with an increase of 99% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Burkina Faso (X tons), Senegal (X tons) and Cote d'Ivoire (X tons) were the main destinations of calcium carbonate exports from Ghana, with a combined 99% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Burkina Faso (with a CAGR of +20.1%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Senegal ($X), Burkina Faso ($X) and Cote d'Ivoire ($X) constituted the largest markets for calcium carbonate exported from Ghana worldwide, with a combined 97% share of total exports.

Burkina Faso, with a CAGR of +34.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average calcium carbonate export price stood at $X per ton in 2021, remaining stable against the previous year. Overall, the export price posted a notable expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Senegal ($X per ton), while the average price for exports to Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Liberia (+188.0%), while the prices for the other major destinations experienced more modest paces of growth.

Calcium Carbonate Imports

Imports into Ghana

In 2021, imports of calcium carbonate into Ghana soared to X tons, with an increase of 77% against the previous year's figure. Overall, imports enjoyed a buoyant expansion. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, calcium carbonate imports soared to $X in 2021. Over the period under review, imports recorded resilient growth. The growth pace was the most rapid in 2015 with an increase of 102%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Tunisia (X tons), Egypt (X tons) and China (X tons) were the main suppliers of calcium carbonate imports to Ghana, together comprising 57% of total imports. These countries were followed by Malaysia, South Africa, Brazil, Belgium, Italy, France and Spain, which together accounted for a further 20%.

From 2012 to 2021, the biggest increases were recorded for South Africa (with a CAGR of +36.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest calcium carbonate suppliers to Ghana were Egypt ($X), China ($X) and Tunisia ($X), with a combined 65% share of total imports. Malaysia, South Africa, Brazil, Belgium, Italy, France and Spain lagged somewhat behind, together comprising a further 20%.

Among the main suppliers, South Africa, with a CAGR of +46.3%, saw the highest rates of growth with regard to 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

In 2021, the average calcium carbonate import price amounted to $X per ton, with a decrease of -2.9% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, calcium carbonate import price increased by +106.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 113%. As a result, import price reached the peak level of $X per ton, and then dropped in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+14.6%), 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 calcium carbonate in the world?

China constituted the country with the largest volume of calcium carbonate consumption, comprising approx. 20% of total volume. Moreover, calcium carbonate consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with an 8% share.

What are the largest producers of calcium carbonate in the world?

China constituted the country with the largest volume of calcium carbonate production, accounting for 21% of total volume. Moreover, calcium carbonate production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 5.5% share.

What are the leading suppliers of calcium carbonate to Ghana?

In value terms, Egypt, China and Malaysia were the largest calcium carbonate suppliers to Ghana, together comprising 74% of total imports. These countries were followed by Tunisia, South Africa, France, Brazil, Belgium, Turkey, Italy, Greece and Portugal, which together accounted for a further 20%.

What are the leading importers of calcium carbonate from Ghana?

In value terms, Burkina Faso remains the key foreign market for calcium carbonate exports from Ghana, comprising 78% of total exports. The second position in the ranking was occupied by Cote d'Ivoire, with a 22% share of total exports.

What is the average export price for calcium carbonate in Ghana?

The average calcium carbonate export price stood at $99 per ton in 2021, with an increase of 5.1% against the previous year.

What is the average import price for calcium carbonate in Ghana?

In 2021, the average calcium carbonate import price amounted to $207 per ton, with a decrease of -7.6% against the previous year.

This report provides an in-depth analysis of the calcium carbonate 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 20134340 - Calcium carbonate

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