Report Update Nov 1, 2024

Ghana - Modelling Pastes, Dental Wax and Dental Impression Compounds - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Modelling Pastes Market 2024

Modelling Pastes Market Size in Ghana

For the third year in a row, the Ghanian modelling pastes market recorded growth in sales value, which increased by 63% to $X in 2021. In general, consumption, however, saw a abrupt curtailment. Modelling pastes consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Modelling Pastes Exports

Exports from Ghana

In 2021, shipments abroad of modelling pastes, dental wax and dental impression compounds decreased by -66.1% to X kg, falling for the fifth consecutive year after five years of growth. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2016 when exports increased by 66%. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, modelling pastes exports declined notably to $X in 2021. Over the period under review, exports faced a abrupt decline. The pace of growth was the most pronounced in 2016 with an increase of 17%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

France (X kg) was the main destination for modelling pastes exports from Ghana, accounting for a approx. 50% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to France was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to France was relatively modest.

Export Prices by Country

In 2021, the average modelling pastes export price amounted to $X per ton, rising by 46% against the previous year. Overall, the export price recorded a pronounced increase. 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 France.

From 2012 to 2021, the rate of growth in terms of prices for Switzerland amounted to -16.2% per year.

Modelling Pastes Imports

Imports into Ghana

For the third year in a row, Ghana recorded growth in purchases abroad of modelling pastes, dental wax and dental impression compounds, which increased by 78% to X tons in 2021. In general, imports, however, showed a deep contraction. The pace of growth appeared the most rapid in 2014 with an increase of 969%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, modelling pastes imports skyrocketed to $X in 2021. Overall, imports, however, recorded a deep contraction. The growth pace was the most rapid in 2014 with an increase of 775%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) was the main supplier of modelling pastes to Ghana, accounting for a 95% share of total imports. It was followed by Brazil (X kg), with a 0.8% share of total imports. The third position in this ranking was held by South Africa (X kg), with a 0.7% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +19.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-28.2% per year) and South Africa (-42.3% per year).

In value terms, China ($X) constituted the largest supplier of modelling pastes, dental wax and dental impression compounds to Ghana, comprising 77% of total imports. The second position in the ranking was held by Italy ($X), with a 1.7% share of total imports. It was followed by Turkey, with a 1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +22.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-16.6% per year) and Turkey (-29.7% per year).

Import Prices by Country

In 2021, the average modelling pastes import price amounted to $X per ton, declining by -17.7% against the previous year. In general, the import price, however, continues to indicate a measured increase. The pace of growth was the most pronounced in 2016 an increase of 105% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2020, and then declined rapidly in the following year.

Prices varied noticeably by country of origin: among the top suppliers, the country with the highest price was Italy ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+23.9%), 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 modelling pastes, dental wax and dental impression compounds in the world?

China remains the largest modelling pastes consuming country worldwide, comprising approx. 26% of total volume. Moreover, modelling pastes consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 9.4% share.

What are the largest producers of modelling pastes, dental wax and dental impression compounds in the world?

China remains the largest modelling pastes producing country worldwide, comprising approx. 49% of total volume. Moreover, modelling pastes production in China exceeded the figures recorded by the second-largest producer, India, sixfold. The third position in this ranking was occupied by Japan, with a 4.6% share.

What are the leading suppliers of modelling pastes, dental wax and dental impression compounds to Ghana?

In value terms, Italy, Germany and China appeared to be the largest modelling pastes suppliers to Ghana, together accounting for 46% of total imports. The United Arab Emirates, Brazil, South Africa and the UK lagged somewhat behind, together accounting for a further 18%.

What is the average export price for modelling pastes, dental wax and dental impression compounds in Ghana?

The average modelling pastes export price stood at $1,505 per ton in 2018, growing by 829% against the previous year.

What is the average import price for modelling pastes, dental wax and dental impression compounds in Ghana?

In 2020, the average modelling pastes import price amounted to $2,940 per ton, picking up by 56% against the previous year.

This report provides an in-depth analysis of the modelling pastes 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 20595230 - Modelling pastes, dental wax and dental impression compounds, other preparations for use in dentistry with a basis of plaster (including modelling pastes for children

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