Ghana: Plastic Sanitary Ware Market 2024

Plastic Sanitary Ware Market Size in Ghana

The Ghanian plastic sanitary ware market dropped to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption, however, posted a buoyant expansion. Plastic sanitary ware consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Plastic Sanitary Ware Production in Ghana

In value terms, plastic sanitary ware production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. Plastic sanitary ware production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Plastic Sanitary Ware Exports

Exports from Ghana

In 2022, overseas shipments of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2021, and then contracted in the following year.

In value terms, plastic sanitary ware exports declined slightly to $X in 2022. Overall, exports recorded a deep setback. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Cote d'Ivoire (X units) was the main destination for plastic sanitary ware exports from Ghana, with a X% share of total exports. Moreover, plastic sanitary ware exports to Cote d'Ivoire exceeded the volume sent to the second major destination, Benin (X units), threefold. Togo (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cote d'Ivoire stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Benin (X% per year) and Togo (X% per year).

In value terms, Benin ($X) emerged as the key foreign market for plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware exports from Ghana, comprising X% of total exports. The second position in the ranking was held by Cote d'Ivoire ($X), with a X% share of total exports. It was followed by Senegal, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Benin totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (X% per year) and Senegal (X% per year).

Export Prices by Country

In 2022, the average plastic sanitary ware export price amounted to $X per unit, surging by X% against the previous year. Overall, the export price, however, showed a precipitous decrease. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the 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 Angola ($X per unit), while the average price for exports to Cote d'Ivoire ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mali (X%), while the prices for the other major destinations experienced mixed trend patterns.

Plastic Sanitary Ware Imports

Imports into Ghana

Plastic sanitary ware imports into Ghana fell to X units in 2022, shrinking by X% on 2021. Over the period under review, imports saw a pronounced setback. The pace of growth was the most pronounced in 2018 with an increase of X%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, plastic sanitary ware imports fell to $X in 2022. In general, total imports indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, China (X units) constituted the largest plastic sanitary ware supplier to Ghana, accounting for a X% share of total imports. Moreover, plastic sanitary ware imports from China exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold. The third position in this ranking was held by Turkey (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Turkey (X% per year).

In value terms, China ($X) constituted the largest supplier of plastic baths, wash-basins, lavatory pans and covers and similar sanitary ware to Ghana, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Turkey, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Turkey (X% per year).

Import Prices by Country

The average plastic sanitary ware import price stood at $X per unit in 2022, falling by X% against the previous year. In general, the import price, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then contracted 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 Egypt ($X per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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