Ghana: Plastic Container Market 2025

Plastic Container Market Size in Ghana

In 2021, after three years of growth, there was decline in the Ghanian plastic container market, when its value decreased by -4.5% to $X. Over the period under review, consumption, however, posted a strong expansion. Over the period under review, the market hit record highs at $X in 2020, and then shrank in the following year.

Plastic Container Production in Ghana

In value terms, plastic container production dropped to $X in 2021 estimated in export price. Overall, production, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2016 when the production volume increased by 71% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then fell slightly in the following year.

Plastic Container Exports

Exports from Ghana

In 2021, approx. X tons of plastic containers were exported from Ghana; declining by -45.2% compared with the previous year. Over the period under review, exports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2015 with an increase of 2,456% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, plastic container exports declined significantly to $X in 2021. Overall, exports showed a sharp curtailment. The pace of growth appeared the most rapid in 2015 with an increase of 1,951% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Togo (X tons) was the main destination for plastic container exports from Ghana, with a 89% share of total exports. Moreover, plastic container exports to Togo exceeded the volume sent to the second major destination, Burkina Faso (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Togo amounted to -20.9%.

In value terms, Togo ($X) and Burkina Faso ($X) appeared to be the largest markets for plastic container exported from Ghana worldwide.

Togo, with a CAGR of -16.5%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average plastic container export price stood at $X per ton in 2021, growing by 16% against the previous year. Over the period under review, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of 117% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Burkina Faso ($X per ton), while the average price for exports to Togo stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+38.1%).

Plastic Container Imports

Imports into Ghana

In 2021, imports of plastic containers into Ghana shrank markedly to X tons, waning by -46% on 2020 figures. Overall, imports, however, saw a tangible expansion. The pace of growth was the most pronounced in 2017 when imports increased by 53%. Over the period under review, imports reached the maximum at X tons in 2020, and then contracted remarkably in the following year.

In value terms, plastic container imports dropped remarkably to $X in 2021. In general, imports, however, posted a slight increase. The pace of growth was the most pronounced in 2017 with an increase of 74% against the previous year. Imports peaked at $X in 2020, and then plummeted in the following year.

Imports by Country

China (X tons), India (X tons) and Oman (X tons) were the main suppliers of plastic container imports to Ghana, together comprising 70% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +44.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic container suppliers to Ghana were China ($X), Oman ($X) and India ($X), together comprising 68% of total imports.

Among the main suppliers, China, with a CAGR of +40.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average plastic container import price amounted to $X per ton, falling by -4.2% against the previous year. Overall, the import price showed a pronounced decrease. The pace of growth appeared the most rapid in 2019 when the average import price increased by 20%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Indonesia ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+12.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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