Report Update Nov 1, 2024

Ghana - Expanded Clays - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Expanded Clays Market 2024

Expanded Clays Market Size in Ghana

The Ghanian expanded clays market soared to $X in 2021, rising by 37% 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 showed a buoyant increase. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the immediate term.

Expanded Clays Exports

Exports from Ghana

For the fourth consecutive year, Ghana recorded growth in overseas shipments of exfoliated vermiculite, expanded clays and foamed slag, which increased by 14% to X kg in 2018. In general, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2013 when exports increased by 272%. As a result, the exports attained the peak of X kg. From 2014 to 2018, the growth of the exports remained at a somewhat lower figure.

In value terms, expanded clays exports amounted to $X in 2018. Overall, exports saw a slight increase. The pace of growth was the most pronounced in 2013 with an increase of 49% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2018, the growth of the exports remained at a somewhat lower figure.

Exports by Country

From 2012 to 2020, the average annual growth rate of volume to No country was relatively modest.

From 2012 to 2020, the average annual growth rate of value to No country was relatively modest.

Export Prices by Country

The average expanded clays export price stood at $X per ton in 2018, reducing by -11.1% against the previous year. Over the period under review, the export price saw a deep slump. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2018, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Angola.

From 2012 to 2018, the rate of growth in terms of prices for Sweden amounted to 0.0% per year.

Expanded Clays Imports

Imports into Ghana

In 2021, approx. X tons of exfoliated vermiculite, expanded clays and foamed slag were imported into Ghana; picking up by 25% on 2020. Over the period under review, imports showed strong growth. The most prominent rate of growth was recorded in 2019 with an increase of 102%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, expanded clays imports skyrocketed to $X in 2021. Overall, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2014 when imports increased by 193%. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

Germany (X tons), Belgium (X tons) and Turkey (X tons) were the main suppliers of expanded clays imports to Ghana, together comprising 34% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +124.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Turkey ($X) appeared to be the largest expanded clays suppliers to Ghana, together comprising 49% of total imports.

Among the main suppliers, Belgium, with a CAGR of +111.3%, recorded 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 expanded clays import price amounted to $X per ton, growing by 20% against the previous year. Over the period under review, the import price continues to indicate modest growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by 113%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+21.2%), 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 exfoliated vermiculite, expanded clays and foamed slag in the world?

The country with the largest volume of expanded clays consumption was China, comprising approx. 25% of total volume. Moreover, expanded clays consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 10% share.

What are the largest producers of exfoliated vermiculite, expanded clays and foamed slag in the world?

China constituted the country with the largest volume of expanded clays production, accounting for 26% of total volume. Moreover, expanded clays 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 10% share.

What are the leading suppliers of exfoliated vermiculite, expanded clays and foamed slag to Ghana?

In value terms, Germany, the Netherlands and Denmark were the largest expanded clays suppliers to Ghana, together accounting for 58% of total imports. These countries were followed by South Africa, Israel, India and China, which together accounted for a further 20%.

What is the average export price for exfoliated vermiculite, expanded clays and foamed slag in Ghana?

The average expanded clays export price stood at $1,012 per ton in 2018, declining by -37.6% against the previous year.

What is the average import price for exfoliated vermiculite, expanded clays and foamed slag in Ghana?

The average expanded clays import price stood at $1,184 per ton in 2020, falling by -6.5% against the previous year.

This report provides an in-depth analysis of the expanded clays 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 23991920 - Exfoliated vermiculite, expanded clays, foamed slag and similar expanded mineral materials and mixtures thereof

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