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Ghana - Steatite - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Steatite Market 2021

Steatite Market Size in Ghana

After four years of growth, the Ghanian steatite market decreased by -X% to $X in 2019. In general, consumption saw a moderate increase. The growth pace was the most rapid in 2017 when the market value increased by X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2018, and then dropped dramatically in the following year.

Steatite Exports

Exports from Ghana

In 2019, shipments abroad of steatites increased by X% to X tons, rising for the fifth year in a row after four years of decline. Overall, exports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at X tons in 2010; however, from 2011 to 2019, exports stood at a somewhat lower figure.

In value terms, steatite exports stood at $X in 2019. In general, exports, however, continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2010; however, from 2011 to 2019, exports remained at a lower figure.

Exports by Country

Cote d'Ivoire (X tons) and Tanzania (X tons) were the main destinations of steatite exports from Ghana.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tanzania.

From 2007 to 2019, the average annual growth rate of value to Cote d'Ivoire totaled -X%.

Export Prices by Country

The average steatite export price stood at $X per ton in 2019, waning by -X% against the previous year. Overall, the export price saw a deep reduction. The export price peaked at $X per ton in 2010; however, from 2011 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Cote d'Ivoire ($X per ton), while the average price for exports to Tanzania amounted to $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania.

Steatite Imports

Imports into Ghana

In 2019, overseas purchases of steatites increased by X% to X tons, rising for the fifth consecutive year after two years of decline. In general, imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure in 2019 and are likely to see gradual growth in the near future.

In value terms, steatite imports reduced remarkably to $X in 2019. Over the period under review, imports showed a noticeable expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at $X in 2018, and then declined markedly in the following year.

Imports by Country

France (X tons), India (X tons) and China (X tons) were the main suppliers of steatite imports to Ghana, with a combined X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France, while imports for the other leaders experienced mixed trend patterns.

In value terms, India ($X), France ($X) and China ($X) constituted the largest steatite suppliers to Ghana, together comprising X% of total imports.

In terms of the main suppliers, France saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average steatite import price stood at $X per ton in 2019, declining by -X% against the previous year. Over the period under review, the import price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2017 an increase of X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per ton in 2008; however, from 2009 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for steatites in the world?

The countries with the highest volumes of steatite consumption in 2019 were China, Germany and Japan, with a combined 32% share of global consumption.

What are the largest producers of steatites in the world?

The countries with the highest volumes of steatite production in 2019 were China, Afghanistan and Finland, with a combined 65% share of global production.

What are the leading suppliers of steatites to Ghana?

In value terms, the largest steatite suppliers to Ghana were India, France and China, together comprising 98% of total imports.

What is the average export price for steatites in Ghana?

In 2019, the average steatite export price amounted to $362 per ton, declining by -9.5% against the previous year.

What is the average import price for steatites in Ghana?

In 2019, the average steatite import price amounted to $236 per ton, reducing by -25.1% against the previous year.

This report provides an in-depth analysis of the steatite 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 2025.

Product coverage:

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