Report Update Nov 1, 2024

Ghana - Extruded Rods and Profile Shapes of Cellular Vulcanised Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Extruded Rod Market 2022

Extruded Rod Market Size in Ghana

The Ghanian extruded rod market reached $X in 2021, standing approx. at the previous year. Overall, consumption, however, continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Extruded Rod Production in Ghana

In value terms, extruded rod production dropped to $X in 2021 estimated in export price. Overall, production showed a abrupt setback. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Extruded rod production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Extruded Rod Exports

Exports from Ghana

In 2021, approx. X tons of extruded rods and profile shapes of cellular vulcanised rubber were exported from Ghana; which is down by -X% against the previous year's figure. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020, and then dropped dramatically in the following year.

In value terms, extruded rod exports reduced to $X in 2021. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2020, and then fell modestly in the following year.

Exports by Country

Burkina Faso (X tons) was the main destination for extruded rod exports from Ghana, accounting for a X% share of total exports. Moreover, extruded rod exports to Burkina Faso exceeded the volume sent to the second major destination, Sweden (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Burkina Faso amounted to +X%.

In value terms, Sweden ($X) emerged as the key foreign market for extruded rod exports from Ghana, comprising X% of total exports. The second position in the ranking was taken by Burkina Faso ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Sweden was relatively modest.

Export Prices by Country

In 2021, the average extruded rod export price amounted to $X per ton, surging by X% against the previous year. In general, the export price continues to indicate a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Sweden ($X per ton), while the average price for exports to Burkina Faso amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+X%).

Extruded Rod Imports

Imports into Ghana

In 2021, the amount of extruded rods and profile shapes of cellular vulcanised rubber imported into Ghana fell markedly to X tons, waning by -X% against 2020 figures. In general, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, extruded rod imports dropped markedly to $X in 2021. Overall, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Italy (X kg), South Africa (X kg) and the United Arab Emirates (X kg) were the main suppliers of extruded rod imports to Ghana, together accounting for X% of total imports.

From 2012 to 2021, the biggest increases were in South Africa (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

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

From 2012 to 2021, the average annual rate of growth in terms of value from South Africa stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and China (-X% per year).

Import Prices by Country

The average extruded rod import price stood at $X per ton in 2021, surging by X% against the previous year. Overall, the import price continues to indicate a measured increase. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%), 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 extruded rods and profile shapes of cellular vulcanised rubber in the world?

The countries with the highest volumes of extruded rod consumption in 2020 were China, Germany and India, together comprising 42% of global consumption. The United States, Spain, Japan, Brazil, Indonesia, Russia, Mexico, France, Turkey and South Korea lagged somewhat behind, together accounting for a further 37%.

What are the largest producers of extruded rods and profile shapes of cellular vulcanised rubber in the world?

The countries with the highest volumes of extruded rod production in 2020 were China, Germany and India, together accounting for 42% of global production. These countries were followed by the United States, Spain, Brazil, Japan, Indonesia, the Philippines, Russia, Mexico, France and Turkey, which together accounted for a further 37%.

What are the leading suppliers of extruded rods and profile shapes of cellular vulcanised rubber to Ghana?

In value terms, China constituted the largest supplier of extruded rod to Ghana, comprising 51% of total imports. The second position in the ranking was occupied by Singapore $847), with a 1.4% share of total imports.

What are the leading importers of extruded rods and profile shapes of cellular vulcanised rubber from Ghana?

In value terms, Burkina Faso remains the key foreign market for extruded rod exports from Ghana.

What is the average export price for extruded rods and profile shapes of cellular vulcanised rubber in Ghana?

The average extruded rod export price stood at $2,085 per ton in 2020, leveling off at the previous year.

What is the average import price for extruded rods and profile shapes of cellular vulcanised rubber in Ghana?

In 2020, the average extruded rod import price amounted to $9,710 per ton, picking up by 24% against the previous year.

This report provides an in-depth analysis of the extruded rod 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 22192083 - Extruded rods and profile shapes of cellular vulcanised rubber

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