Report Update Nov 1, 2024

Ghana - Sulphur (Sublimed or Precipitated) and Colloidal Sulphur - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Sulphur Market 2024

Sulphur Market Size in Ghana

The Ghanian sulphur market contracted slightly to $X in 2021, which is down by -1.8% against the previous year. Over the period under review, consumption saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Sulphur Production in Ghana

In value terms, sulphur production dropped to $X in 2021 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 36% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Sulphur Exports

Exports from Ghana

In 2013, the amount of sulphur (sublimed or precipitated) and colloidal sulphur exported from Ghana shrank rapidly to X kg, with a decrease of -93.6% against the previous year. Overall, exports continue to indicate a dramatic decline. The exports peaked at X tons in 2012, and then fell markedly in the following year.

In value terms, sulphur exports fell notably to $X in 2013. Over the period under review, exports saw a precipitous shrinkage. The exports peaked at $X in 2012, and then dropped rapidly in the following year.

Exports by Country

Cote d'Ivoire (X kg) was the main destination for sulphur exports from Ghana, with a approx. 100% share of total exports.

From 2012 to 2013, the average annual growth rate of volume to Cote d'Ivoire amounted to -93.6%.

In value terms, Cote d'Ivoire ($X) also remains the key foreign market for sulphur (sublimed or precipitated) and colloidal sulphur exports from Ghana.

From 2012 to 2013, the average annual growth rate of value to Cote d'Ivoire totaled -93.4%.

Export Prices by Country

The average sulphur export price stood at $X per ton in 2013, surging by 3.9% against the previous year. Over the last one-year period, it increased at an average annual rate of +3.9%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2013, the rate of growth in terms of prices for Cote d'Ivoire amounted to +4.0% per year.

Sulphur Imports

Imports into Ghana

For the third year in a row, Ghana recorded growth in supplies from abroad of sulphur (sublimed or precipitated) and colloidal sulphur, which increased by 184% to X tons in 2021. Overall, imports saw a resilient increase. The pace of growth appeared the most rapid in 2017 when imports increased by 312%. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, sulphur imports soared to $X in 2021. In general, imports showed pronounced growth. The pace of growth was the most pronounced in 2017 with an increase of 284% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest sulphur supplier to Ghana, with a 84% share of total imports. Moreover, sulphur imports from Belgium exceeded the figures recorded by the second-largest supplier, Japan (X kg), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium amounted to +19.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (0.0% per year) and Spain (-3.5% per year).

In value terms, Belgium ($X), Japan ($X) and Spain ($X) were the largest sulphur suppliers to Ghana, together accounting for 60% of total imports.

In terms of the main suppliers, Belgium, with a CAGR of +10.9%, saw the highest growth rate of 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 sulphur import price stood at $X per ton in 2021, which is down by -29.8% against the previous year. Overall, the import price faced a deep setback. The growth pace was the most rapid in 2014 an increase of 42% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

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 Japan ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-7.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sulphur (sublimed or precipitated) and colloidal sulphur in the world?

China constituted the country with the largest volume of sulphur consumption, accounting for 27% of total volume. Moreover, sulphur consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The U.S. ranked third in terms of total consumption with a 6.2% share.

What are the largest producers of sulphur (sublimed or precipitated) and colloidal sulphur in the world?

China remains the largest sulphur producing country worldwide, comprising approx. 27% of total volume. Moreover, sulphur production in China exceeded the figures recorded by the second-largest producer, India, twofold. The U.S. ranked third in terms of total production with a 6.2% share.

What are the leading suppliers of sulphur (sublimed or precipitated) and colloidal sulphur to Ghana?

In value terms, Belgium constituted the largest supplier of sulphur to Ghana, comprising 70% of total imports. The second position in the ranking was occupied by Spain $663), with a 12% share of total imports.

What are the leading importers of sulphur (sublimed or precipitated) and colloidal sulphur from Ghana?

In value terms, Cote d'Ivoire $39) remains the key foreign market for sulphur exports from Ghana.

What is the average export price for sulphur (sublimed or precipitated) and colloidal sulphur in Ghana?

In 2013, the average sulphur export price amounted to $2,600 per ton, falling by -9.4% against the previous year.

What is the average import price for sulphur (sublimed or precipitated) and colloidal sulphur in Ghana?

The average sulphur import price stood at $1,804 per ton in 2020, shrinking by -2.3% against the previous year.

This report provides an in-depth analysis of the sulphur 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 20132120 - Sulphur, sublimed or precipitated, colloidal sulphur

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