We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report Ghana - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Ghana - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Ghana: Glass Closure Market 2024

Glass Closure Market Size in Ghana

The Ghanian glass closure market dropped to $X in 2022, leveling off at the previous year. In general, consumption, however, continues to indicate a buoyant increase. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Glass Closure Production in Ghana

In value terms, glass closure production shrank to $X in 2022 estimated in export price. In general, production, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2018 with an increase of 54%. Glass closure production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Glass Closure Exports

Exports from Ghana

In 2019, shipments abroad of glass stoppers, lids and other closures decreased by -9.8% to X tons for the first time since 2016, thus ending a two-year declining trend. Overall, exports, however, posted a significant expansion. The exports peaked at X tons in 2018, and then contracted in the following year.

In value terms, glass closure exports soared to $X in 2019. In general, exports, however, continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Nigeria (X tons) was the main destination for glass closure exports from Ghana, accounting for a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Nigeria totaled -9.0%.

In value terms, Nigeria ($X) also remains the key foreign market for glass stoppers, lids and other closures exports from Ghana.

From 2012 to 2019, the average annual growth rate of value to Nigeria stood at +21.2%.

Export Prices by Country

The average glass closure export price stood at $X per ton in 2019, increasing by 33% against the previous year. Overall, the export price enjoyed a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Nigeria.

From 2012 to 2019, the rate of growth in terms of prices for Nigeria amounted to +33.2% per year.

Glass Closure Imports

Imports into Ghana

Glass closure imports into Ghana surged to X tons in 2022, picking up by 140% on 2021. In general, imports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 327% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, glass closure imports surged to $X in 2022. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 433%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Egypt (X tons) was the main supplier of glass closure to Ghana, with a 97% share of total imports. It was followed by China (X kg), with a 0.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Egypt stood at +80.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.4% per year) and India (-15.7% per year).

In value terms, Egypt ($X) constituted the largest supplier of glass stoppers, lids and other closures to Ghana, comprising 80% of total imports. The second position in the ranking was taken by India ($X), with a 1.7% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Egypt stood at +77.6%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+0.6% per year) and China (-12.1% per year).

Import Prices by Country

The average glass closure import price stood at $X per ton in 2022, waning by -28.6% against the previous year. In general, the import price showed a abrupt slump. The growth pace was the most rapid in 2021 when the average import price increased by 59%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest glass closure consuming country worldwide, accounting for 17% of total volume. Moreover, glass closure consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. India ranked third in terms of total consumption with a 6.6% share.
The country with the largest volume of glass closure production was China, comprising approx. 18% of total volume. Moreover, glass closure production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by India, with a 6.5% share.
In value terms, China constituted the largest supplier of glass closure to Ghana, comprising 76% of total imports. The second position in the ranking was occupied by Egypt, with a 12% share of total imports. It was followed by Denmark, with a 1.9% share.
In value terms, Nigeria remains the key foreign market for glass closure exports from Ghana.
The average glass closure export price stood at $1.7 per unit in 2019, declining by -7.1% against the previous year.
In 2021, the average glass closure import price amounted to $8.2 per unit, increasing by 52% against the previous year.

This report provides an in-depth analysis of the glass closure 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 23131110 - Glass preserving jars, stoppers, lids and other closures (including stoppers and closures of any material presented with the containers for which they are intended)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

Recommended reports

Asia - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 183

This report provides an in-depth analysis of the glass closure market in Asia.

U.S. - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 187

This report provides an in-depth analysis of the glass closure market in the U.S..

China - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 150

This report provides an in-depth analysis of the glass closure market in China.

EU - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 143

This report provides an in-depth analysis of the glass closure market in the EU.

World - Glass Stoppers, Lids and Other Closures - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 235

This report provides an in-depth analysis of the global glass closure market.

Free Data: Glass; stoppers, lids and other closures - Ghana
Table
Glass; stoppers, lids and other closures - Ghana - Table
Dashboard
Glass; stoppers, lids and other closures - Ghana - Dashboard
Report
Glass; stoppers, lids and other closures - Ghana - Report