Ghana: Plastic Lavatory Seat Market 2024

Plastic Lavatory Seat Market Size in Ghana

In 2021, the Ghanian plastic lavatory seat market increased by 24% to $X, rising for the fifth year in a row after four years of decline. In general, consumption continues to indicate a relatively flat trend pattern. Plastic lavatory seat consumption peaked at $X in 2012; afterwards, it flattened through to 2021.

Plastic Lavatory Seat Exports

Exports from Ghana

In 2021, plastic lavatory seat exports from Ghana dropped remarkably to X units, declining by -30% compared with the previous year's figure. Overall, exports faced a dramatic descent. The most prominent rate of growth was recorded in 2018 with an increase of 318%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, plastic lavatory seat exports fell significantly to $X in 2021. Over the period under review, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of 380% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Burkina Faso (X units) was the main destination for plastic lavatory seat exports from Ghana, with a 86% share of total exports. Moreover, plastic lavatory seat exports to Burkina Faso exceeded the volume sent to the second major destination, Cote d'Ivoire (X units), sixfold.

From 2012 to 2021, the average annual growth rate of volume to Burkina Faso amounted to -15.0%.

In value terms, Cote d'Ivoire ($X) remains the key foreign market for plastic lavatory seats and covers exports from Ghana, comprising 61% of total exports. The second position in the ranking was held by Burkina Faso ($X), with a 26% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Cote d'Ivoire stood at +26.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (-16.0% per year) and Togo (-31.1% per year).

Export Prices by Country

In 2021, the average plastic lavatory seat export price amounted to $X per unit, growing by 13% against the previous year. In general, the export price recorded resilient growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 94% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per unit), while the average price for exports to Burkina Faso ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+19.8%), while the prices for the other major destinations experienced mixed trend patterns.

Plastic Lavatory Seat Imports

Imports into Ghana

In 2021, supplies from abroad of plastic lavatory seats and covers decreased by -7.6% to X units, falling for the second consecutive year after three years of growth. Overall, imports recorded a pronounced reduction. The growth pace was the most rapid in 2018 when imports increased by 53% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, plastic lavatory seat imports soared to $X in 2021. In general, total imports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +154.4% against 2016 indices. The growth pace was the most rapid in 2018 when imports increased by 53% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, China (X units) constituted the largest supplier of plastic lavatory seat to Ghana, accounting for a 70% share of total imports. Moreover, plastic lavatory seat 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 the UK (X units), with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+10.7% per year) and the UK (-7.7% per year).

In value terms, China ($X) constituted the largest supplier of plastic lavatory seats and covers to Ghana, comprising 81% of total imports. The second position in the ranking was taken by the UK ($X), with a 2.7% share of total imports. It was followed by India, with a 2.4% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-7.3% per year) and India (+6.8% per year).

Import Prices by Country

The average plastic lavatory seat import price stood at $X per unit in 2021, increasing by 47% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, plastic lavatory seat import price increased by +102.3% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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