Report Update Feb 1, 2025

Ghana - Prefabricated Buildings - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Prefabricated Buildings Market 2025

Prefabricated Buildings Market Size in Ghana

In 2022, the Ghanian prefabricated buildings market decreased by -10.6% to $X for the first time since 2017, thus ending a four-year rising trend. Over the period under review, consumption, however, posted a modest increase. Over the period under review, the market reached the maximum level at $X in 2021, and then declined in the following year.

Prefabricated Buildings Exports

Exports from Ghana

Prefabricated buildings exports from Ghana contracted significantly to X units in 2022, waning by -52.2% compared with 2021 figures. In general, exports showed a deep slump. The pace of growth appeared the most rapid in 2014 when exports increased by 234% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, prefabricated buildings exports skyrocketed to $X in 2022. Overall, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2014 when exports increased by 192% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Niger (X units) was the main destination for prefabricated buildings exports from Ghana, with a 91% share of total exports. Moreover, prefabricated buildings exports to Niger exceeded the volume sent to the second major destination, Barbados (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Niger amounted to +125.8%.

In value terms, Niger ($X) emerged as the key foreign market for prefabricated buildings exports from Ghana, comprising 80% of total exports. The second position in the ranking was taken by Barbados ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Niger stood at +135.2%.

Export Prices by Country

The average prefabricated buildings export price stood at $X per unit in 2022, rising by 203% against the previous year. Overall, the export price enjoyed a perceptible expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Barbados ($X per unit), while the average price for exports to Niger amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mauritania (+29.9%), while the prices for the other major destinations experienced more modest paces of growth.

Prefabricated Buildings Imports

Imports into Ghana

After four years of growth, purchases abroad of prefabricated buildings decreased by -14.6% to X units in 2022. Overall, total imports indicated a slight expansion from 2012 to 2022: its volume increased at an average annual rate of +1.1% 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 +75.9% against 2017 indices. The most prominent rate of growth was recorded in 2015 with an increase of 57% against the previous year. Imports peaked at X units in 2021, and then contracted in the following year.

In value terms, prefabricated buildings imports declined to $X in 2022. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by 67%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest prefabricated buildings supplier to Ghana, accounting for a 52% share of total imports. Moreover, prefabricated buildings imports from China exceeded the figures recorded by the second-largest supplier, India (X units), fivefold. The third position in this ranking was held by Portugal (X units), with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+22.1% per year) and Portugal (+108.1% per year).

In value terms, China ($X) constituted the largest supplier of prefabricated buildings to Ghana, comprising 35% of total imports. The second position in the ranking was held by India ($X), with a 12% share of total imports. It was followed by South Africa, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+21.2% per year) and South Africa (+7.2% per year).

Import Prices by Country

In 2022, the average prefabricated buildings import price amounted to $X per unit, increasing by 4.7% against the previous year. Overall, the import price, however, recorded a slight shrinkage. The growth pace was the most rapid in 2016 an increase of 20% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Latvia ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for prefabricated buildings in the world?

China constituted the country with the largest volume of prefabricated buildings consumption, accounting for 20% of total volume. Moreover, prefabricated buildings consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. Russia ranked third in terms of total consumption with a 4.7% share.

What are the largest producers of prefabricated buildings in the world?

The country with the largest volume of prefabricated buildings production was China, comprising approx. 21% of total volume. Moreover, prefabricated buildings production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. Russia ranked third in terms of total production with a 4.7% share.

What are the leading suppliers of prefabricated buildings to Ghana?

In value terms, China constituted the largest supplier of prefabricated buildings to Ghana, comprising 29% of total imports. The second position in the ranking was occupied by the UK, with a 13% share of total imports. It was followed by South Africa, with a 10% share.

What are the leading importers of prefabricated buildings from Ghana?

In value terms, Mali, Cote d'Ivoire and Angola constituted the largest markets for prefabricated buildings exported from Ghana worldwide, with a combined 59% share of total exports.

What is the average export price for prefabricated buildings in Ghana?

In 2021, the average prefabricated buildings export price amounted to $6.7 per unit, growing by 45% against the previous year.

What is the average import price for prefabricated buildings in Ghana?

The average prefabricated buildings import price stood at $2.3 per unit in 2021, reducing by -16.6% against the previous year.

This report provides an in-depth analysis of the prefabricated buildings market in Ghana. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 16232000 - Prefabricated buildings of wood
Prodcom 25111030 - Prefabricated buildings, of iron or steel
Prodcom 399900Z0 - Prefabricated buildings of plastics, concrete or aluminium

Country coverage:

Ghana

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ghana
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024