Ghana: Soap And Detergent Market 2025

Soap And Detergent Market Size in Ghana

In 2022, after three years of growth, there was decline in the Ghanian soap and detergent market, when its value decreased by X% to $X. In general, consumption, however, continues to indicate a relatively flat trend pattern. Soap and detergent consumption peaked at $X in 2021, and then dropped modestly in the following year.

Soap And Detergent Production in Ghana

In value terms, soap and detergent production amounted to $X in 2022 estimated in export price. Overall, production recorded a pronounced setback. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. Soap and detergent production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Soap And Detergent Exports

Exports from Ghana

In 2022, shipments abroad of soap and detergents decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. Over the period under review, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank sharply in the following year.

In value terms, soap and detergent exports shrank remarkably to $X in 2022. In general, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2021, and then fell markedly in the following year.

Exports by Country

Cote d'Ivoire (X tons), Burkina Faso (X tons) and Togo (X tons) were the main destinations of soap and detergent exports from Ghana, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X) remains the key foreign market for soap and detergents exports from Ghana, comprising X% of total exports. The second position in the ranking was taken by Burkina Faso ($X), with a X% share of total exports. It was followed by Togo, with a X% share.

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

Export Prices by Country

The average soap and detergent export price stood at $X per ton in 2022, remaining constant against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Benin ($X per ton) was amongst the lowest.

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

Soap And Detergent Imports

Imports into Ghana

After two years of growth, purchases abroad of soap and detergents decreased by X% to X tons in 2022. Over the period under review, imports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked at X tons in 2021, and then contracted in the following year.

In value terms, soap and detergent imports dropped to $X in 2022. Overall, total imports indicated a moderate increase 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 most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest soap and detergent supplier to Ghana, accounting for a X% share of total imports. Moreover, soap and detergent imports from China exceeded the figures recorded by the second-largest supplier, Cote d'Ivoire (X tons), threefold. The third position in this ranking was taken by Indonesia (X tons), 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: Cote d'Ivoire (X% per year) and Indonesia (X% per year).

In value terms, China ($X) constituted the largest supplier of soap and detergents to Ghana, comprising X% of total imports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total imports. It was followed by Indonesia, 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: Cote d'Ivoire (X% per year) and Indonesia (X% per year).

Import Prices by Country

In 2022, the average soap and detergent import price amounted to $X per ton, falling by X% against the previous year. Overall, the import price recorded a noticeable decrease. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Vietnam ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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