Report Update Nov 1, 2024

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

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Ghana: Sulphonamides Market 2024

Sulphonamides Market Size in Ghana

The Ghanian sulphonamides market declined markedly to $X in 2021, shrinking by -40.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a abrupt slump. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Sulphonamides Exports

Exports from Ghana

In 2013, the amount of sulphonamides exported from Ghana soared to X kg, with an increase of 867% against the year before. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphonamides exports dropped markedly to $X in 2013. Overall, exports, however, faced a precipitous shrinkage. The exports peaked at $X in 2012, and then fell significantly in the following year.

Exports by Country

Sierra Leone (X kg) was the main destination for sulphonamides exports from Ghana, with a approx. 100% share of total exports.

From 2012 to 2013, the average annual growth rate of volume to Sierra Leone was relatively modest.

In value terms, Sierra Leone ($X) emerged as the key foreign market for sulphonamides exports from Ghana.

From 2012 to 2013, the average annual rate of growth in terms of value to Sierra Leone was relatively modest.

Export Prices by Country

The average sulphonamides export price stood at $X per ton in 2013, falling by -97% against the previous year. Over the period under review, the export price saw a precipitous slump. The export price peaked at $X per ton in 2012, and then dropped notably in the following year.

As there is only one major export destination, the average price level is determined by prices for Sierra Leone.

From 2012 to 2013, the rate of growth in terms of prices for Togo amounted to 0.0% per year.

Sulphonamides Imports

Imports into Ghana

Sulphonamides imports into Ghana shrank dramatically to X tons in 2021, declining by -19.5% on the year before. Overall, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of 27% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, sulphonamides imports fell notably to $X in 2021. Over the period under review, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2013 when imports increased by 18%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of sulphonamides to Ghana, accounting for a 75% share of total imports. Moreover, sulphonamides imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), sevenfold. The third position in this ranking was taken by Germany (X tons), with a 9.7% share.

From 2012 to 2021, the average annual growth rate of volume from India amounted to -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-20.4% per year) and Germany (-6.7% per year).

In value terms, India ($X), China ($X) and Germany ($X) appeared to be the largest sulphonamides suppliers to Ghana, with a combined 92% share of total imports. These countries were followed by Belgium, which accounted for a further 1.4%.

Belgium, with a CAGR of +55.1%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average sulphonamides import price amounted to $X per ton, with a decrease of -36.3% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 29%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+15.9%), 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 sulphonamides in the world?

The country with the largest volume of sulphonamides consumption was Panama, comprising approx. 71% of total volume. Moreover, sulphonamides consumption in Panama exceeded the figures recorded by the second-largest consumer, China, more than tenfold. The third position in this ranking was occupied by India, with a 2.8% share.

What are the largest producers of sulphonamides in the world?

China constituted the country with the largest volume of sulphonamides production, accounting for 39% of total volume. Moreover, sulphonamides production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 5.8% share.

What are the leading suppliers of sulphonamides to Ghana?

In value terms, India, China and Germany were the largest sulphonamides suppliers to Ghana, together accounting for 95% of total imports. These countries were followed by Belgium, which accounted for a further 1.3%.

What is the average export price for sulphonamides in Ghana?

In 2013, the average sulphonamides export price amounted to $2,057 per ton, reducing by -96.6% against the previous year.

What is the average import price for sulphonamides in Ghana?

In 2020, the average sulphonamides import price amounted to $15,996 per ton, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the sulphonamides 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 21103200 - Sulphonamides

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