Report Update Nov 1, 2024

Ghana - Hairpins, Curling Pins, Curling Grips and Hair-Curlers - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Hairpin Market 2024

Hairpin Market Size in Ghana

The Ghanian hairpin market soared to $X in 2021, surging by 46% 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). Overall, consumption continues to indicate a moderate expansion. Hairpin consumption peaked in 2021 and is likely to continue growth in the immediate term.

Hairpin Exports

Exports from Ghana

In 2021, shipments abroad of hairpins, curling pins, curling grips and hair-curlers decreased by -23.7% to X tons for the first time since 2017, thus ending a three-year rising trend. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 3,331%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, hairpin exports fell dramatically to $X in 2021. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 4,299%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Cote d'Ivoire (X tons) was the main destination for hairpin exports from Ghana, accounting for a 67% share of total exports. Moreover, hairpin exports to Cote d'Ivoire exceeded the volume sent to the second major destination, Togo (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume to Cote d'Ivoire totaled +43.0%.

In value terms, Cote d'Ivoire ($X) remains the key foreign market for hairpin exports from Ghana, comprising 74% of total exports. The second position in the ranking was taken by Togo ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Cote d'Ivoire amounted to +52.1%.

Export Prices by Country

The average hairpin export price stood at $X per ton in 2021, with a decrease of -12% against the previous year. Over the period under review, the export price, however, enjoyed moderate growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 141%. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Cote d'Ivoire ($X per ton), while the average price for exports to Togo amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+191.0%), while the prices for the other major destinations experienced more modest paces of growth.

Hairpin Imports

Imports into Ghana

In 2021, approx. X tons of hairpins, curling pins, curling grips and hair-curlers were imported into Ghana; picking up by 17% compared with 2020 figures. Overall, imports saw perceptible growth. The pace of growth was the most pronounced in 2020 when imports increased by 102% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, hairpin imports skyrocketed to $X in 2021. In general, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2020 when imports increased by 101% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of hairpin to Ghana, with a 81% share of total imports. Moreover, hairpin imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +3.7%.

In value terms, China ($X) constituted the largest supplier of hairpin to Ghana, comprising 80% of total imports. The second position in the ranking was taken by Germany ($X), with a 20% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +5.6%.

Import Prices by Country

The average hairpin import price stood at $X per ton in 2021, rising by 24% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average import price increased by 48%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+1.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hairpins, curling pins, curling grips and hair-curlers in the world?

The country with the largest volume of hairpin consumption was the United States, accounting for 30% of total volume. Moreover, hairpin consumption in the United States exceeded the figures recorded by the second-largest consumer, Russia, fourfold. The third position in this ranking was occupied by Thailand, with a 4.2% share.

What are the largest producers of hairpins, curling pins, curling grips and hair-curlers in the world?

China remains the largest hairpin producing country worldwide, accounting for 94% of total volume. It was followed by Hong Kong SAR, with a 2.8% share of total production.

What are the leading suppliers of hairpins, curling pins, curling grips and hair-curlers to Ghana?

In value terms, Germany constituted the largest supplier of hairpin to Ghana.

What are the leading importers of hairpins, curling pins, curling grips and hair-curlers from Ghana?

In value terms, the largest markets for hairpin exported from Ghana were Benin $889), the Netherlands $483) and Canada $42), together comprising 99% of total exports.

What is the average export price for hairpins, curling pins, curling grips and hair-curlers in Ghana?

The average hairpin export price stood at $1,761 per ton in 2021, increasing by 4.4% against the previous year.

What is the average import price for hairpins, curling pins, curling grips and hair-curlers in Ghana?

In 2021, the average hairpin import price amounted to $5,133 per ton, remaining constant against the previous year.

This report provides an in-depth analysis of the hairpin 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 22292915 - Hairpins, curling pins, curling grips, hair-curlers and the like, a nd parts thereof, of plastic (excluding electro-thermic hairdressing apparatus)
Prodcom 25992928 - Hairpins, curling pins, curling grips, hair-curlers and the like, a nd parts thereof, of metal (excluding electro-thermic hairdressing apparatus)
Prodcom 399900Z4 - Hairpins, curling pins, curling grips, hair-curlers and the like, a nd parts thereof (excluding electro-thermic hairdressing apparatus)

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