Report Update Nov 1, 2024

Ghana - Ferro-Cerium and Pyrophoric Alloys - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Market for Ferro-Cerium And Pyrophoric Alloys 2024

Market Size for Ferro-Cerium And Pyrophoric Alloys in Ghana

The Ghanian ferro-cerium and pyrophoric alloys market surged to $X in 2021, picking up by 27% 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). Over the period under review, consumption continues to indicate a prominent expansion. Ferro-cerium and pyrophoric alloys consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Exports of Ferro-Cerium And Pyrophoric Alloys

Exports from Ghana

In 2021, approx. X kg of ferro-cerium and pyrophoric alloys were exported from Ghana; approximately mirroring the previous year's figure. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when exports increased by 160% against the previous year. The exports peaked at X kg in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, ferro-cerium and pyrophoric alloys exports rose rapidly to $X in 2021. Overall, exports recorded prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of 326%. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire (X kg) was the main destination for ferro-cerium and pyrophoric alloys exports from Ghana, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Cote d'Ivoire was relatively modest.

In value terms, Cote d'Ivoire ($X) also remains the key foreign market for ferro-cerium and pyrophoric alloys exports from Ghana.

From 2012 to 2021, the average annual rate of growth in terms of value to Cote d'Ivoire totaled +14.6%.

Export Prices by Country

In 2021, the average ferro-cerium and pyrophoric alloys export price amounted to $X per ton, picking up by 13% against the previous year. Overall, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 181% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, 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 2021, the rate of growth in terms of prices for Cote d'Ivoire amounted to +14.3% per year.

Imports of Ferro-Cerium And Pyrophoric Alloys

Imports into Ghana

In 2021, imports of ferro-cerium and pyrophoric alloys into Ghana rose modestly to X tons, with an increase of 4.4% on the previous year's figure. Over the period under review, imports posted a strong increase. The pace of growth was the most pronounced in 2015 with an increase of 765% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, ferro-cerium and pyrophoric alloys imports surged to $X in 2021. In general, imports saw a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of 335%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

The UK (X tons), China (X tons) and Turkey (X tons) were the main suppliers of ferro-cerium and pyrophoric alloys imports to Ghana, together comprising 72% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +103.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ferro-cerium and pyrophoric alloys suppliers to Ghana were France ($X), China ($X) and Turkey ($X), with a combined 70% share of total imports. The UK, Germany and the United Arab Emirates lagged somewhat behind, together comprising a further 19%.

Among the main suppliers, the UK, with a CAGR of +66.3%, 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 ferro-cerium and pyrophoric alloys import price amounted to $X per ton, with an increase of 54% against the previous year. In general, the import price, however, continues to indicate a pronounced setback. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+9.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ferro-cerium and pyrophoric alloys in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 42% share of global consumption. These countries were followed by Brazil, Russia, Indonesia, Pakistan, Turkey, Iran, Germany, the UK, Egypt and the Philippines, which together accounted for a further 27%.

What are the largest producers of ferro-cerium and pyrophoric alloys in the world?

The country with the largest volume of ferro-cerium and pyrophoric alloys production was China, accounting for 22% of total volume. Moreover, ferro-cerium and pyrophoric alloys production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with an 8.9% share.

What are the leading suppliers of ferro-cerium and pyrophoric alloys to Ghana?

In value terms, Turkey, China and the UK were the largest ferro-cerium and pyrophoric alloys suppliers to Ghana, with a combined 69% share of total imports.

What are the leading importers of ferro-cerium and pyrophoric alloys from Ghana?

In value terms, Cote d'Ivoire $138) remains the key foreign market for ferro-cerium and pyrophoric alloys exports from Ghana.

What is the average export price for ferro-cerium and pyrophoric alloys in Ghana?

The average ferro-cerium and pyrophoric alloys export price stood at $570 per ton in 2021, therefore, remained relatively stable against the previous year.

What is the average import price for ferro-cerium and pyrophoric alloys in Ghana?

In 2021, the average ferro-cerium and pyrophoric alloys import price amounted to $804 per ton, flattening at the previous year.

This report provides an in-depth analysis of the market for ferro-cerium and pyrophoric alloys 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 32994210 - Ferro-cerium, pyrophoric alloys, articles of combustible materials, n.e.c.

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