Report Update Nov 1, 2024

Ghana - High-Tenacity Filament Yarn of Nylon or Other Polyamides - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Market for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides 2024

Market Size for High-Tenacity Filament Yarn Of Nylon Or Other Polyamides in Ghana

The Ghanian high-tenacity filament nylon yarn market surged to $X in 2022, increasing by 325% 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 posted resilient growth. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Exports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Exports from Ghana

In 2022, overseas shipments of high-tenacity filament yarn of nylon or other polyamides increased by 14% to X kg for the first time since 2017, thus ending a four-year declining trend. In general, exports, however, continue to indicate a sharp slump. The pace of growth was the most pronounced in 2016 when exports increased by 193% against the previous year. Over the period under review, the exports hit record highs at X kg in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, high-tenacity filament nylon yarn exports expanded rapidly to $X in 2022. Overall, exports, however, continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2016 with an increase of 169% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire (X kg) was the main destination for high-tenacity filament nylon yarn exports from Ghana, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Cote d'Ivoire stood at -20.4%.

In value terms, Cote d'Ivoire ($X) also remains the key foreign market for high-tenacity filament yarn of nylon or other polyamides exports from Ghana.

From 2012 to 2022, the average annual rate of growth in terms of value to Cote d'Ivoire amounted to -23.0%.

Export Prices by Country

The average high-tenacity filament nylon yarn export price stood at $X per ton in 2022, almost unchanged from the previous year. Overall, the export price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2018 an increase of 39%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Cameroon amounted to +15.7% per year.

Imports of High-Tenacity Filament Yarn Of Nylon Or Other Polyamides

Imports into Ghana

In 2022, imports of high-tenacity filament yarn of nylon or other polyamides into Ghana surged to X tons, rising by 369% on the year before. Over the period under review, imports showed a strong increase. The most prominent rate of growth was recorded in 2013 when imports increased by 1,623% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, high-tenacity filament nylon yarn imports skyrocketed to $X in 2022. Overall, imports showed a significant increase. The growth pace was the most rapid in 2013 with an increase of 2,617% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest high-tenacity filament nylon yarn supplier to Ghana, with a 88% share of total imports. Moreover, high-tenacity filament nylon yarn imports from China exceeded the figures recorded by the second-largest supplier, India (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+1.7% per year) and the UK (+57.0% per year).

In value terms, China ($X) constituted the largest supplier of high-tenacity filament yarn of nylon or other polyamides to Ghana, comprising 56% of total imports. The second position in the ranking was taken by India ($X), with an 8.4% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+12.0% per year) and the UK (+27.5% per year).

Import Prices by Country

In 2022, the average high-tenacity filament nylon yarn import price amounted to $X per ton, shrinking by -24.6% against the previous year. Overall, the import price, however, saw a strong expansion. The growth pace was the most rapid in 2015 an increase of 146% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2016; however, from 2017 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 the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+343.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for high-tenacity filament yarn of nylon or other polyamides in the world?

The country with the largest volume of high-tenacity filament nylon yarn consumption was China, comprising approx. 23% of total volume. Moreover, high-tenacity filament nylon yarn consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 6.2% share.

What are the largest producers of high-tenacity filament yarn of nylon or other polyamides in the world?

China remains the largest high-tenacity filament nylon yarn producing country worldwide, comprising approx. 25% of total volume. Moreover, high-tenacity filament nylon yarn production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 6% share.

What are the leading suppliers of high-tenacity filament yarn of nylon or other polyamides to Ghana?

In value terms, China constituted the largest supplier of high-tenacity filament nylon yarn to Ghana, comprising 89% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 5% share of total imports.

What are the leading importers of high-tenacity filament yarn of nylon or other polyamides from Ghana?

In value terms, Cote d'Ivoire $67) remains the key foreign market for high-tenacity filament nylon yarn exports from Ghana.

What is the average export price for high-tenacity filament yarn of nylon or other polyamides in Ghana?

In 2021, the average high-tenacity filament nylon yarn export price amounted to $1,457 per ton, increasing by 4.5% against the previous year.

What is the average import price for high-tenacity filament yarn of nylon or other polyamides in Ghana?

In 2021, the average high-tenacity filament nylon yarn import price amounted to $2,021 per ton, waning by -32.6% against the previous year.

This report provides an in-depth analysis of the market for high-tenacity filament nylon yarn 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 20601240 - High-tenacity filament yarn of nylon or other polyamides (excluding sewing thread, yarn put up for retail sale and hightenacity filament yarn of aramids)

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