Ghana: Dolomite Market 2025

Dolomite Market Size in Ghana

After two years of decline, the Ghanian dolomite market increased by 17% to $X in 2021. Over the period under review, consumption, however, recorded a perceptible reduction. Dolomite consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Dolomite Production in Ghana

In value terms, dolomite production surged to $X in 2021 estimated in export price. Over the period under review, production, however, saw a mild curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 67% against the previous year. Dolomite production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Dolomite Exports

Exports from Ghana

In 2020, exports of dolomite from Ghana surged to X tons, jumping by 396% on the previous year. In general, exports, however, saw a perceptible downturn. The exports peaked at X tons in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.

In value terms, dolomite exports soared to $X in 2020. Overall, exports, however, showed a abrupt decrease. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2020, the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire (X tons) was the main destination for dolomite exports from Ghana, with a approx. 100% share of total exports.

From 2012 to 2020, the average annual growth rate of volume to Cote d'Ivoire totaled +396.2%.

In value terms, Cote d'Ivoire ($X) also remains the key foreign market for dolomite exports from Ghana.

From 2012 to 2020, the average annual growth rate of value to Cote d'Ivoire amounted to +255.7%.

Export Prices by Country

The average dolomite export price stood at $X per ton in 2020, which is down by -28.3% against the previous year. In general, the export price showed a pronounced slump. The growth pace was the most rapid in 2013 when the average export price decreased by -1.7% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2015; however, from 2016 to 2020, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2020, the rate of growth in terms of prices for Russia amounted to +10.1% per year.

Dolomite Imports

Imports into Ghana

In 2021, supplies from abroad of dolomite decreased by -0.3% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2013 when imports increased by 86% 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 lower figure.

In value terms, dolomite imports reduced to $X in 2021. Overall, imports showed a precipitous contraction. The most prominent rate of growth was recorded in 2013 with an increase of 64% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

France (X tons), China (X tons) and Norway (X tons) were the main suppliers of dolomite imports to Ghana, with a combined 54% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of -12.7%), while purchases for the other leaders experienced a decline.

In value terms, China ($X), Norway ($X) and France ($X) constituted the largest dolomite suppliers to Ghana, together comprising 72% of total imports.

In terms of the main suppliers, China, with a CAGR of -16.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average dolomite import price stood at $X per ton in 2021, waning by -8.9% against the previous year. Over the period under review, the import price continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2014 when the average import price increased by 74% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+24.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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