Ghana: Market for Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles 2024

Market Size for Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles in Ghana

After five years of growth, the Ghanian market for non-refractory clay flooring blocks, support or filler tiles decreased by -12.4% to $X in 2022. In general, consumption, however, showed a significant increase. Over the period under review, the market reached the maximum level at $X in 2021, and then dropped in the following year.

Exports of Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles

Exports from Ghana

In 2022, approx. X tons of non-refractory clay flooring blocks, support or filler tiles were exported from Ghana; picking up by 13% compared with 2021 figures. Over the period under review, exports, however, saw a abrupt downturn. The growth pace was the most rapid in 2013 when exports increased by 192%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of non-refractory clay flooring blocks, support or filler tiles declined to $X in 2022. In general, exports, however, recorded a deep setback. The pace of growth was the most pronounced in 2015 when exports increased by 208% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Burkina Faso (X tons), Togo (X tons) and Niger (X tons) were the main destinations of exports of non-refractory clay flooring blocks, support or filler tiles from Ghana.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Niger (with a CAGR of +18.4%), while the other leaders experienced a decline.

In value terms, Burkina Faso ($X) remains the key foreign market for non-refractory clay flooring blocks, support or filler tiles exports from Ghana, comprising 81% of total exports. The second position in the ranking was held by Niger ($X), with a 9.4% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Burkina Faso was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (+2.8% per year) and Togo (-34.6% per year).

Export Prices by Country

The average export price for non-refractory clay flooring blocks, support or filler tiles stood at $X per ton in 2022, reducing by -17.3% against the previous year. In general, the export price faced a abrupt downturn. The most prominent rate of growth was recorded in 2016 an increase of 41% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burkina Faso ($X per ton), while the average price for exports to Togo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+0.6%), while the prices for the other major destinations experienced a decline.

Imports of Non-Refractory Clay Flooring Blocks, Support Or Filler Tiles

Imports into Ghana

In 2022, overseas purchases of non-refractory clay flooring blocks, support or filler tiles decreased by -9.6% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 486%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of non-refractory clay flooring blocks, support or filler tiles fell to $X in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 604% against the previous year. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, China (X tons) was the main supplier of non-refractory clay flooring blocks, support or filler tiles to Ghana, with a 91% share of total imports. Moreover, imports of non-refractory clay flooring blocks, support or filler tiles from China exceeded the figures recorded by the second-largest supplier, Lebanon (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +62.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (+46.1% per year) and Italy (+14.9% per year).

In value terms, China ($X) constituted the largest supplier of non-refractory clay flooring blocks, support or filler tiles to Ghana, comprising 97% of total imports. The second position in the ranking was held by Lebanon ($X), with a 2.2% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +81.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Lebanon (+21.0% per year) and Italy (-2.5% per year).

Import Prices by Country

The average import price for non-refractory clay flooring blocks, support or filler tiles stood at $X per ton in 2022, which is down by -4.1% against the previous year. Overall, the import price, however, saw a measured expansion. The growth pace was the most rapid in 2021 when the average import price increased by 45%. As a result, import price attained the peak level of $X per ton, and then declined 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 ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :