Report Update Nov 1, 2024

Ghana - Fluoropolymers - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Fluoropolymers Market 2024

Fluoropolymers Market Size in Ghana

The Ghanian fluoropolymers market fell to $X in 2021, dropping by -2% against the previous year. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +3.0% against 2019 indices. Fluoropolymers consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Fluoropolymers Production in Ghana

In value terms, fluoropolymers production contracted slightly to $X in 2021 estimated in export price. In general, the total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +2.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 84% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Fluoropolymers Exports

Exports from Ghana

In 2017, exports of fluoropolymers from Ghana amounted to X kg, leveling off at 2016 figures. Over the period under review, exports recorded a noticeable decline. The smallest decline of 99.9% was in 2014. Over the period under review, the exports hit record highs at X kg in 2013; however, from 2014 to 2017, the exports remained at a lower figure.

In value terms, fluoropolymers exports stood at $X in 2017. In general, exports continue to indicate a noticeable descent. The smallest decline of 99.9% was in 2014. The exports peaked at $X in 2013; however, from 2014 to 2017, the exports failed to regain momentum.

Exports by Country

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

From 2013 to 2017, the average annual rate of growth in terms of volume to Cote d'Ivoire was relatively modest.

From 2013 to 2017, the average annual rate of growth in terms of value to Cote d'Ivoire was relatively modest.

Export Prices by Country

In 2017, the average fluoropolymers export price amounted to $X per ton, flattening at the previous year. Overall, the export price enjoyed a notable expansion. The growth pace was the most rapid in 2014 when the average export price decreased by 99.9%. The export price peaked in 2017 and is expected to retain growth in the immediate term.

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

From 2013 to 2017, the rate of growth in terms of prices for Cote d'Ivoire amounted to 0.0% per year.

Fluoropolymers Imports

Imports into Ghana

In 2021, fluoropolymers imports into Ghana surged to X tons, with an increase of 52% against 2020. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2016 when imports increased by 489%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, fluoropolymers imports rose markedly to $X in 2021. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2016 when imports increased by 379% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Saudi Arabia (X tons) constituted the largest supplier of fluoropolymers to Ghana, with a 77% share of total imports. Moreover, fluoropolymers imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, China (X tons), threefold.

From 2012 to 2021, the average annual growth rate of volume from Saudi Arabia was relatively modest.

In value terms, Saudi Arabia ($X) constituted the largest supplier of fluoropolymers to Ghana, comprising 73% of total imports. The second position in the ranking was held by China ($X), with a 27% share of total imports.

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

Import Prices by Country

In 2021, the average fluoropolymers import price amounted to $X per ton, declining by -24.3% against the previous year. Over the period under review, the import price saw a abrupt contraction. The pace of growth was the most pronounced in 2018 when the average import price increased by 29%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Saudi Arabia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (+20.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fluoropolymers in the world?

The country with the largest volume of fluoropolymers consumption was China, accounting for 23% of total volume. Moreover, fluoropolymers consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with an 8.8% share.

What are the largest producers of fluoropolymers in the world?

China constituted the country with the largest volume of fluoropolymers production, comprising approx. 27% of total volume. Moreover, fluoropolymers production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 9.2% share.

What are the leading suppliers of fluoropolymers to Ghana?

In value terms, China constituted the largest supplier of fluoropolymers to Ghana.

What is the average export price for fluoropolymers in Ghana?

In 2017, the average fluoropolymers export price amounted to $9,667 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for fluoropolymers in Ghana?

The average fluoropolymers import price stood at $15,795 per ton in 2020, increasing by 31% against the previous year.

This report provides an in-depth analysis of the fluoropolymers 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 20163060 - Fluoropolymers

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