Report Update Nov 1, 2024

Ghana - Safety Glass - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Safety Glass Market 2024

Safety Glass Exports

Exports from Ghana

In 2022, shipments abroad of safety glass increased by 18% to X square meters, rising for the second consecutive year after two years of decline. In general, exports, however, continue to indicate a abrupt setback. The growth pace was the most rapid in 2018 with an increase of 286%. The exports peaked at X square meters in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, safety glass exports stood at $X in 2022. Overall, exports, however, saw a deep contraction. The pace of growth appeared the most rapid in 2018 with an increase of 326% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X square meters), Nigeria (X square meters) and Saudi Arabia (X square meters) were the main destinations of safety glass exports from Ghana, with a combined 99% share of total exports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for safety glass exports from Ghana, comprising 50% of total exports. The second position in the ranking was taken by France ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Saudi Arabia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (0.0% per year) and Nigeria (-23.1% per year).

Export Prices by Country

The average safety glass export price stood at $X per square meter in 2021, surging by 57% against the previous year. In general, the export price showed strong growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 128% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per square meter), while the average price for exports to Nigeria ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Togo (+44.9%), while the prices for the other major destinations experienced more modest paces of growth.

Safety Glass Imports

Imports into Ghana

In 2022, after two years of growth, there was significant decline in supplies from abroad of safety glass, when their volume decreased by -20.6% to X square meters. Overall, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2013 when imports increased by 166% against the previous year. Over the period under review, imports reached the maximum at X square meters in 2021, and then dropped rapidly in the following year.

In value terms, safety glass imports contracted notably to $X in 2022. In general, imports, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2013 with an increase of 126% against the previous year. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X square meters) was the main supplier of safety glass to Ghana, with a 92% share of total imports. It was followed by Belgium (X square meters), with a 0.7% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China stood at +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-8.3% per year) and Italy (-33.2% per year).

In value terms, China ($X) constituted the largest supplier of safety glass to Ghana, comprising 90% of total imports. The second position in the ranking was held by Belgium ($X), with a 0.4% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-15.6% per year) and Italy (-31.0% per year).

Import Prices by Country

In 2021, the average safety glass import price amounted to $X per square meter, approximately mirroring the previous year. In general, the import price showed a slight setback. The pace of growth was the most pronounced in 2016 when the average import price increased by 65%. As a result, import price reached the peak level of $X per square meter. From 2017 to 2021, the average import prices failed to regain momentum.

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 ($X per square meter), while the price for Belgium ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for safety glass in the world?

The countries with the highest volumes of safety glass consumption in 2021 were China, the United States and Brazil, together accounting for 52% of global consumption.

What are the largest producers of safety glass in the world?

China remains the largest safety glass producing country worldwide, accounting for 40% of total volume. Moreover, safety glass production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. Brazil ranked third in terms of total production with an 11% share.

What are the leading suppliers of safety glass to Ghana?

In value terms, China constituted the largest supplier of safety glass to Ghana, comprising 82% of total imports. The second position in the ranking was occupied by Italy, with a 2.3% share of total imports.

What are the leading importers of safety glass from Ghana?

In value terms, Cote d'Ivoire remains the key foreign market for safety glass exports from Ghana, comprising 74% of total exports. The second position in the ranking was occupied by Burkina Faso, with a 9.8% share of total exports. It was followed by the Netherlands, with a 5.7% share.

What is the average export price for safety glass in Ghana?

In 2021, the average safety glass export price amounted to $20 per square meter, shrinking by -40% against the previous year.

What is the average import price for safety glass in Ghana?

In 2021, the average safety glass import price amounted to $26 per square meter, surging by 13% against the previous year.

This report provides an in-depth analysis of the safety glass 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 23121210 - Toughened (tempered) safety glass, of size and shape suitable for incorporation in motor vehicles, aircraft, s pacecraft, vessels and other vehicles
Prodcom 23121230 - Toughened (tempered) safety glass, n.e.c.
Prodcom 23121250 - Laminated safety glass, of size and shape suitable for incorporation in motor vehicles, aircraft, spacecraft, vessels and other vehicles
Prodcom 23121270 - Laminated safety glass, n.e.c.

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023