Report Update Nov 1, 2024

Ghana - Marble and Travertine Blocks and Slabs - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Market for Marble And Travertine Blocks And Slabs 2024

Market Size for Marble And Travertine Blocks And Slabs in Ghana

The Ghanian marble and travertine blocks market shrank modestly to $X in 2022, flattening at the previous year. In general, consumption continues to indicate a deep contraction. Marble and travertine blocks consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Marble And Travertine Blocks And Slabs in Ghana

In value terms, marble and travertine blocks production declined slightly to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt setback. The most prominent rate of growth was recorded in 2017 when the production volume increased by 20% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Marble And Travertine Blocks And Slabs

Exports from Ghana

After three years of decline, shipments abroad of marble and travertine blocks and slabs increased by 9.8% to X tons in 2022. Over the period under review, exports, however, faced a abrupt setback. The most prominent rate of growth was recorded in 2017 with an increase of 100% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, marble and travertine blocks exports expanded remarkably to $X in 2022. In general, exports, however, recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 92%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Togo (X tons) was the main destination for marble and travertine blocks exports from Ghana, accounting for a approx. 100% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to Togo was relatively modest.

From 2012 to 2019, the average annual growth rate of value to Togo was relatively modest.

Export Prices by Country

The average marble and travertine blocks export price stood at $X per ton in 2019, with an increase of 2.7% against the previous year. Overall, the export price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 47% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2019, the average export prices failed to regain momentum.

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

From 2012 to 2019, the rate of growth in terms of prices for Togo amounted to 0.0% per year.

Imports of Marble And Travertine Blocks And Slabs

Imports into Ghana

Marble and travertine blocks imports into Ghana fell to X tons in 2022, with a decrease of -9.6% on the previous year. In general, imports, however, recorded prominent growth. The growth pace was the most rapid in 2014 with an increase of 7,184% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, marble and travertine blocks imports reached $X in 2022. Overall, imports, however, recorded noticeable growth. The most prominent rate of growth was recorded in 2014 with an increase of 2,863%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Greece (X tons), India (X tons) and China (X tons) were the main suppliers of marble and travertine blocks imports to Ghana, together comprising 57% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +46.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of marble and travertine blocks and slabs to Ghana, comprising 45% of total imports. The second position in the ranking was taken by India ($X), with an 18% share of total imports. It was followed by Greece, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +45.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+19.5% per year) and Greece (0.0% per year).

Import Prices by Country

In 2022, the average marble and travertine blocks import price amounted to $X per ton, growing by 13% against the previous year. In general, the import price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by 146%. 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 China ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for marble and travertine blocks and slabs in the world?

The countries with the highest volumes of in 2021 were China, Italy and the United States, with a combined 49% share of global consumption. These countries were followed by India, Egypt, Japan, Pakistan and Russia, which together accounted for a further 15%.

What are the largest producers of marble and travertine blocks and slabs in the world?

The countries with the highest volumes of in 2021 were Turkey, Italy and the United States, together comprising 49% of global production.

What are the leading suppliers of marble and travertine blocks and slabs to Ghana?

In value terms, India, China and Italy constituted the largest marble and travertine blocks suppliers to Ghana, with a combined 85% share of total imports.

What is the average export price for marble and travertine blocks and slabs in Ghana?

In 2019, the average marble and travertine blocks export price amounted to $92 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for marble and travertine blocks and slabs in Ghana?

In 2021, the average marble and travertine blocks import price amounted to $693 per ton, growing by 16% against the previous year.

This report provides an in-depth analysis of the market for marble and travertine blocks 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 08111136 - Marble and travertine merely cut into rectangular or square blocks or slabs

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