Report Update Nov 1, 2024

Ghana - Cyclohexane - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Cyclohexane Market 2024

Cyclohexane Market Size in Ghana

In 2021, after two years of growth, there was decline in the Ghanian cyclohexane market, when its value decreased by -2.7% to $X. The market value increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Cyclohexane consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Cyclohexane Production in Ghana

In value terms, cyclohexane production declined slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.4% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 when the production volume increased by 37% against the previous year. Cyclohexane production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Cyclohexane Exports

Exports from Ghana

In 2018, the amount of cyclohexane exported from Ghana shrank notably to X kg, waning by -98.3% compared with the previous year. In general, exports showed a sharp curtailment. The smallest decline of -8.8% was in 2017. Over the period under review, the exports attained the peak figure at X tons in 2015; however, from 2016 to 2018, the exports failed to regain momentum.

In value terms, cyclohexane exports dropped remarkably to $X in 2018. Over the period under review, exports showed a sharp curtailment. The smallest decline of -8.7% was in 2016. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2018, the exports remained at a lower figure.

Exports by Country

Burkina Faso (X kg) was the main destination for cyclohexane exports from Ghana, with a 70% share of total exports. Moreover, cyclohexane exports to Burkina Faso exceeded the volume sent to the second major destination, Mali (X kg), twofold.

From 2015 to 2018, the average annual growth rate of volume to Burkina Faso amounted to -80.5%.

In value terms, Burkina Faso ($X) and Mali ($X) appeared to be the largest markets for cyclohexane exported from Ghana worldwide.

Mali, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2018, the average cyclohexane export price amounted to $X per ton, with an increase of 3,401% against the previous year. Over the period under review, the export price posted significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2018, amid the top suppliers, the country with the highest price was Mali ($X per ton), while the average price for exports to Burkina Faso totaled $X per ton.

From 2015 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+221.5%).

Cyclohexane Imports

Imports into Ghana

In 2021, purchases abroad of cyclohexane was finally on the rise to reach X kg after two years of decline. Over the period under review, imports, however, showed a relatively flat trend pattern. Imports peaked at X kg in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, cyclohexane imports surged to $X in 2021. Overall, imports, however, showed a abrupt descent. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Burkina Faso (X kg) was the main supplier of cyclohexane to Ghana, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Burkina Faso was relatively modest.

In value terms, Burkina Faso ($X) constituted the largest supplier of cyclohexane to Ghana.

From 2012 to 2021, the average annual growth rate of value from Burkina Faso totaled -4.9%.

Import Prices by Country

The average cyclohexane import price stood at $X per ton in 2021, picking up by 10% against the previous year. Over the period under review, the import price, however, saw a abrupt descent. The pace of growth was the most pronounced in 2019 an increase of 28% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Burkina Faso amounted to -4.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cyclohexane in the world?

Russia constituted the country with the largest volume of cyclohexane consumption, accounting for 52% of total volume. Moreover, cyclohexane consumption in Russia exceeded the figures recorded by the second-largest consumer, China, fivefold. The third position in this ranking was occupied by Belgium, with a 6.2% share.

What are the largest producers of cyclohexane in the world?

Russia remains the largest cyclohexane producing country worldwide, accounting for 53% of total volume. Moreover, cyclohexane production in Russia exceeded the figures recorded by the second-largest producer, China, fivefold. The United States ranked third in terms of total production with a 5.9% share.

What are the leading suppliers of cyclohexane to Ghana?

In value terms, Burkina Faso constituted the largest supplier of cyclohexane to Ghana.

What are the leading importers of cyclohexane from Ghana?

In value terms, the largest markets for cyclohexane exported from Ghana were Burkina Faso and Mali.

What is the average export price for cyclohexane in Ghana?

The average cyclohexane export price stood at $18,926 per ton in 2018, rising by 5,409% against the previous year.

What is the average import price for cyclohexane in Ghana?

The average cyclohexane import price stood at $7,570 per ton in 2021, surging by 19% against the previous year.

This report provides an in-depth analysis of the cyclohexane 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 20141213 - Cyclohexane

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