Report Update Nov 1, 2024

Ghana - Colour Lakes, Preparations Based on Colour Lakes - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Colour Lake Market 2024

Colour Lake Market Size in Ghana

The Ghanian colour lake market dropped rapidly to $X in 2021, falling by -83.7% 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). Overall, consumption, however, continues to indicate a remarkable increase. As a result, consumption reached the peak level of $X, and then dropped remarkably in the following year.

Colour Lake Exports

Exports from Ghana

In 2019, colour lake exports from Ghana totaled X kg, remaining stable against the previous year. In general, exports showed a relatively flat trend pattern. The exports peaked in 2019 and are likely to continue growth in years to come.

In value terms, colour lake exports amounted to $X in 2019. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2019 and are likely to continue growth in years to come.

Exports by Country

Nigeria (X kg) was the main destination for colour lake exports from Ghana, with a approx. 100% share of total exports.

From 2019 to 2019, the average annual growth rate of volume to Nigeria was relatively modest.

From 2019 to 2019, the average annual rate of growth in terms of value to Nigeria was relatively modest.

Colour Lake Imports

Imports into Ghana

In 2021, supplies from abroad of colour lakes, preparations based on colour lakes decreased by -88.4% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports, however, enjoyed a notable expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 513% against the previous year. As a result, imports attained the peak of X tons, and then contracted remarkably in the following year.

In value terms, colour lake imports reduced sharply to $X in 2021. In general, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 779% against the previous year. As a result, imports attained the peak of $X, and then reduced notably in the following year.

Imports by Country

South Africa (X tons), India (X tons) and Peru (X tons) were the main suppliers of colour lake imports to Ghana, together accounting for 94% of total imports.

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 +71.5%), while imports for the other leaders experienced mixed trend patterns.

In value terms, India ($X) constituted the largest supplier of colour lakes, preparations based on colour lakes to Ghana, comprising 53% of total imports. The second position in the ranking was held by Peru ($X), with a 25% share of total imports. It was followed by South Africa, with a 16% share.

From 2012 to 2021, the average annual growth rate of value from India totaled +15.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (-91.3% per year) and South Africa (+59.7% per year).

Import Prices by Country

In 2021, the average colour lake import price amounted to $X per ton, surging by 136% against the previous year. Over the period under review, the import price posted a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Peru (+186.6%), 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 colour lakes, preparations based on colour lakes in the world?

The countries with the highest volumes of colour lake consumption in 2021 were China, the United States and India, together accounting for 44% of global consumption. These countries were followed by Russia, Mexico, Nigeria, Vietnam, Canada, Turkey, Saudi Arabia, Iran, Spain and Italy, which together accounted for a further 28%.

What are the largest producers of colour lakes, preparations based on colour lakes in the world?

The countries with the highest volumes of colour lake production in 2021 were China, the United States and India, with a combined 45% share of global production. These countries were followed by Russia, Mexico, Nigeria, Vietnam, Canada, Turkey, Saudi Arabia, Iran, Spain and the Netherlands, which together accounted for a further 27%.

What are the leading suppliers of colour lakes, preparations based on colour lakes to Ghana?

In value terms, India constituted the largest supplier of colour lake to Ghana, comprising 68% of total imports. The second position in the ranking was occupied by South Africa, with a 20% share of total imports.

What is the average export price for colour lakes, preparations based on colour lakes in Ghana?

In 2019, the average colour lake export price amounted to $17,273 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for colour lakes, preparations based on colour lakes in Ghana?

In 2021, the average colour lake import price amounted to $8,785 per ton, waning by -42.3% against the previous year.

This report provides an in-depth analysis of the colour lake 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 20122170 - Colour lakes, preparations based on colour lakes

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