Ghana: Market for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa 2025

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa in Ghana

After two years of decline, the Ghanian market for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa increased by 0.4% to $X in 2021. Overall, the total consumption indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -28.5% against 2018 indices. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ X MPa in Ghana

In value terms, production of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa rose remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 64% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production of growth failed to regain momentum.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Exports from Ghana

In 2021, the amount of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa exported from Ghana contracted significantly to X tons, which is down by -79.5% on the year before. In general, exports showed a dramatic slump. The growth pace was the most rapid in 2015 with an increase of 510% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa declined markedly to $X in 2021. Over the period under review, exports recorded a significant decline. The most prominent rate of growth was recorded in 2015 with an increase of 503% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire (X tons), Mali (X tons) and Burkina Faso (X tons) were the main destinations of exports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa from Ghana, together accounting for 84% of total exports. These countries were followed by Guinea, Benin and Sierra Leone, which together accounted for a further 14%.

From 2012 to 2021, the biggest increases were recorded for Benin (with a CAGR of +5.1%), while shipments for the other leaders experienced a decline.

In value terms, Mali ($X) remains the key foreign market for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa exports from Ghana, comprising 42% of total exports. The second position in the ranking was taken by Burkina Faso ($X), with a 19% share of total exports. It was followed by Guinea, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Mali totaled -30.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (-31.6% per year) and Guinea (-7.3% per year).

Export Prices by Country

The average export price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa stood at $X per ton in 2021, picking up by 24% against the previous year. Over the period under review, the export price, however, showed a mild setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 27%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sierra Leone ($X per ton), while the average price for exports to Benin ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mali (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with a Burst Pressure ≥ 27,6 MPa

Imports into Ghana

In 2021, after two years of growth, there was significant decline in purchases abroad of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa, when their volume decreased by -45.6% to X tons. Overall, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 580%. As a result, imports attained the peak of X tons, and then fell sharply in the following year.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa contracted rapidly to $X in 2021. Over the period under review, imports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 with an increase of 264%. As a result, imports reached the peak of $X, and then contracted notably in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa supplier to Ghana, with a 52% share of total imports. Moreover, imports of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa from China exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), twofold. The United Arab Emirates (X tons) ranked third in terms of total imports with an 8.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +19.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+23.1% per year) and the United Arab Emirates (+16.3% per year).

In value terms, China ($X) constituted the largest supplier of flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa to Ghana, comprising 52% of total imports. The second position in the ranking was taken by Saudi Arabia ($X), with a 12% share of total imports. It was followed by Australia, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +34.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+17.7% per year) and Australia (+22.4% per year).

Import Prices by Country

In 2021, the average import price for flexible tubes, pipes and hoses of plastics, with a burst pressure ≥ X MPa amounted to $X per ton, increasing by 14% against the previous year. In general, the import price, however, continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2018 when the average import price increased by 106%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+39.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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