Report Update Nov 1, 2024

Ghana - Textile Hosepiping and Similar Textile Tubing - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Textile Tubing Market 2024

Textile Tubing Market Size in Ghana

The Ghanian textile tubing market dropped notably to $X in 2022, declining by -18.7% against the previous year. Overall, consumption, however, posted a measured expansion. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Textile Tubing Production in Ghana

In value terms, textile tubing production contracted notably to $X in 2022 estimated in export price. Over the period under review, production, however, posted temperate growth. The most prominent rate of growth was recorded in 2021 when the production volume increased by 139% against the previous year. Textile tubing production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Textile Tubing Exports

Exports from Ghana

In 2022, shipments abroad of textile hosepiping and similar textile tubing was finally on the rise to reach X kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2014 when exports increased by 93%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, textile tubing exports declined remarkably to $X in 2022. Over the period under review, exports recorded a noticeable increase. The pace of growth appeared the most rapid in 2019 with an increase of 293%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Angola (X kg) and Cote d'Ivoire (X kg) were the main destinations of textile tubing exports from Ghana.

From 2012 to 2022, the biggest increases were recorded for Angola (with a CAGR of +31.5%).

In value terms, the largest markets for textile tubing exported from Ghana were Angola ($X) and Cote d'Ivoire ($X).

Among the main countries of destination, Angola, with a CAGR of +18.4%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the average textile tubing export price amounted to $X per ton, which is down by -52.2% against the previous year. In general, the export price, however, showed prominent growth. The growth pace was the most rapid in 2016 an increase of 141% against the previous year. The export price peaked at $X per ton in 2021, and then fell remarkably in the following year.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Cote d'Ivoire amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+5.8%).

Textile Tubing Imports

Imports into Ghana

In 2022, the amount of textile hosepiping and similar textile tubing imported into Ghana was estimated at X tons, standing approx. at the year before. In general, imports posted a buoyant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 1,180%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, textile tubing imports dropped to $X in 2022. Overall, imports posted buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,424%. Over the period under review, imports reached the maximum at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, China (X tons) was the main supplier of textile tubing to Ghana, accounting for a 97% share of total imports. It was followed by Malaysia (X tons), with a 1.4% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +8.1%.

In value terms, China ($X) constituted the largest supplier of textile hosepiping and similar textile tubing to Ghana, comprising 93% of total imports. The second position in the ranking was held by Malaysia ($X), with a 2.6% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +15.1%.

Import Prices by Country

In 2022, the average textile tubing import price amounted to $X per ton, which is down by -10.7% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 111% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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 Malaysia ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+7.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for textile hosepiping and similar textile tubing in the world?

The countries with the highest volumes of in 2021 were Italy, China and India, together comprising 38% of global consumption.

What are the largest producers of textile hosepiping and similar textile tubing in the world?

The countries with the highest volumes of in 2021 were China, Italy and India, with a combined 43% share of global production.

What are the leading suppliers of textile hosepiping and similar textile tubing to Ghana?

In value terms, the largest textile tubing suppliers to Ghana were China, Malaysia and Japan, with a combined 68% share of total imports. These countries were followed by India and the United Arab Emirates, which together accounted for a further 6.9%.

What are the leading importers of textile hosepiping and similar textile tubing from Ghana?

In value terms, Angola remains the key foreign market for textile tubing exports from Ghana, comprising 57% of total exports. The second position in the ranking was occupied by Portugal, with a 26% share of total exports.

What is the average export price for textile hosepiping and similar textile tubing in Ghana?

In 2021, the average textile tubing export price amounted to $10,723 per ton, waning by -3.3% against the previous year.

What is the average import price for textile hosepiping and similar textile tubing in Ghana?

The average textile tubing import price stood at $2,693 per ton in 2021, reducing by -5.7% against the previous year.

This report provides an in-depth analysis of the textile tubing 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 13961620 - Textile hosepiping and similar textile tubing, whether or not impregnated or coated, with or without lining, armour or accessories of other materials

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