Ghana: Market for Non-PVC Floor, Wall and Ceiling Coverings 2025

Market Size for Non-PVC Floor, Wall and Ceiling Coverings in Ghana

The Ghanian market for non-PVC floor, wall and ceiling coverings surged to $X in 2022, with an increase of 16% 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 recorded a buoyant expansion. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Exports of Non-PVC Floor, Wall and Ceiling Coverings

Exports from Ghana

In 2022, the amount of non-PVC floor, wall and ceiling coverings exported from Ghana skyrocketed to X square meters, growing by 31% against 2021 figures. In general, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 285%. The exports peaked at X square meters in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, exports of non-PVC floor, wall and ceiling coverings skyrocketed to $X in 2022. Overall, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2017 when exports increased by 445% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Togo (X square meters) was the main destination for exports of non-PVC floor, wall and ceiling coverings from Ghana, accounting for a 58% share of total exports. Moreover, exports of non-PVC floor, wall and ceiling coverings to Togo exceeded the volume sent to the second major destination, Cote d'Ivoire (X square meters), fourfold. Mali (X square meters) ranked third in terms of total exports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Togo totaled +30.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (+34.3% per year) and Mali (+17.4% per year).

In value terms, Togo ($X), Cote d'Ivoire ($X) and Mali ($X) were the largest markets for non-PVC floor, wall and ceiling coverings exported from Ghana worldwide, with a combined 84% share of total exports.

In terms of the main countries of destination, Mali, with a CAGR of +35.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for non-PVC floor, wall and ceiling coverings stood at $X per square meter in 2022, approximately reflecting the previous year. Over the period under review, the export price saw a mild contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 50% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($X per square meter), while the average price for exports to Togo ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Gambia (+54.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-PVC Floor, Wall and Ceiling Coverings

Imports into Ghana

Imports of non-PVC floor, wall and ceiling coverings into Ghana surged to X square meters in 2022, jumping by 41% against 2021. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 63% against the previous year. Over the period under review, imports of reached the peak figure at X square meters in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, imports of non-PVC floor, wall and ceiling coverings expanded significantly to $X in 2022. Overall, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 96%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, China (X square meters) was the main non-PVC floor, wall and ceiling coverings supplier to Ghana, accounting for a 93% share of total imports. It was followed by Thailand (X square meters), with a 1.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +10.3%.

In value terms, China ($X) constituted the largest supplier of non-PVC floor, wall and ceiling coverings to Ghana, comprising 94% of total imports. The second position in the ranking was taken by Thailand ($X), with a 0.5% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled +19.9%.

Import Prices by Country

In 2022, the average import price for non-PVC floor, wall and ceiling coverings amounted to $X per square meter, which is down by -21.5% against the previous year. Over the period under review, the import price, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2013 an increase of 46%. The import price peaked at $X per square meter in 2021, and then dropped sharply in the following year.

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 square meter), while the price for Thailand amounted to $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.7%).

Source: IndexBox Platform

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