Ghana: Clay Market 2025

Clay Market Size in Ghana

The Ghanian clay market fell to $X in 2022, with a decrease of X% against the previous year. In general, consumption saw a slight decline. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Clay Production in Ghana

In value terms, clay production contracted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Clay Exports

Exports from Ghana

Clay exports from Ghana fell remarkably to X tons in 2022, shrinking by X% compared with the year before. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, clay exports contracted notably to $X in 2022. In general, exports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Pakistan (X tons) was the main destination for clay exports from Ghana, with a X% share of total exports. Moreover, clay exports to Pakistan exceeded the volume sent to the second major destination, the United States (X tons), twofold. The third position in this ranking was taken by Burkina Faso (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Pakistan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Burkina Faso (X% per year).

In value terms, the largest markets for clay exported from Ghana were Burkina Faso ($X), Turkey ($X) and the United States ($X), together accounting for X% of total exports.

Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average clay export price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price, however, faced a abrupt contraction. The growth pace was the most rapid in 2016 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced mixed trend patterns.

Clay Imports

Imports into Ghana

After two years of growth, purchases abroad of clays decreased by X% to X tons in 2022. Over the period under review, imports, however, posted a strong expansion. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports attained the maximum at X tons in 2021, and then declined dramatically in the following year.

In value terms, clay imports declined dramatically to $X in 2022. Overall, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at $X in 2021, and then plummeted in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest clay supplier to Ghana, with a X% share of total imports. Moreover, clay imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), ninefold. The United States (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, China ($X) constituted the largest supplier of clays to Ghana, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and India (X% per year).

Import Prices by Country

The average clay import price stood at $X per ton in 2022, remaining stable against the previous year. In general, the import price recorded a noticeable reduction. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a 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 Morocco ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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