Ghana: Market for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels 2022

Market Size for Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels in Ghana

The Ghanian market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses soared to $X in 2020, growing by X% 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). In general, consumption posted a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Exports from Ghana

In 2020, shipments abroad of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses increased by X% to X square meters, rising for the second year in a row after two years of decline. Overall, exports recorded a temperate expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Exports peaked at X square meters in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

In value terms, exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses reduced to $X in 2020. Over the period under review, exports recorded a buoyant increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2019, and then fell modestly in the following year.

Exports by Country

Burkina Faso (X square meters) was the main destination for exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses from Ghana, accounting for a X% share of total exports. Moreover, exports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses to Burkina Faso exceeded the volume sent to the second major destination, the Netherlands (X square meters), twofold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Burkina Faso totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and China (X% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels exports from Ghana, comprising X% of total exports. The second position in the ranking was occupied by Burkina Faso ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to the Netherlands amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (+X% per year) and China (+X% per year).

Export Prices by Country

In 2020, the average export price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses amounted to $X per square meter, with a decrease of -X% against the previous year. In general, the export price, however, showed prominent growth. The most prominent rate of growth was recorded in 2013 an increase of X% y-o-y. Over the period under review, average export prices reached the maximum at $X per square meter in 2019, and then contracted in the following year.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was China ($X per square meter), while the average price for exports to Burkina Faso ($X per square meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels

Imports into Ghana

After four years of decline, purchases abroad of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses increased by X% to X square meters in 2020. In general, imports posted a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses soared to $X in 2020. Overall, imports saw resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, China (X square meters) was the main supplier of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels to Ghana, with a approx. X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of volume from China stood at +X%.

In value terms, China ($X) constituted the largest supplier of safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vessels to Ghana.

From 2007 to 2020, the average annual growth rate of value from China totaled +X%.

Import Prices by Country

In 2020, the average import price for safety glass, laminated, of size and shape suitable for incorporation in vehicles, aircraft, spacecraft or vesselses amounted to $X per square meter, flattening at the previous year. Overall, the import price showed a slight slump. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% against the previous year. The import price peaked at $X per square meter in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2007 to 2020, the rate of growth in terms of prices for China amounted to -X% per year.

Source: IndexBox Platform

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