Report Update Nov 1, 2024

Ghana - Titanium Dioxide Pigments and Colouring Preparations - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Titanium Dioxide Pigments Market 2024

Titanium Dioxide Pigments Market Size in Ghana

The Ghanian titanium dioxide pigments market soared to $X in 2021, jumping by 26% 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). Overall, consumption recorded prominent growth. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Titanium Dioxide Pigments Exports

Exports from Ghana

In 2021, approx. X tons of titanium dioxide pigments and colouring preparations were exported from Ghana; remaining stable against the previous year's figure. Over the period under review, exports recorded a strong increase. The growth pace was the most rapid in 2014 when exports increased by 2,020% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, titanium dioxide pigments exports stood at $X in 2021. In general, exports, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2014 with an increase of 1,149%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Togo (X tons) was the main destination for titanium dioxide pigments exports from Ghana, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Togo stood at +30.6%.

In value terms, Togo ($X) also remains the key foreign market for titanium dioxide pigments and colouring preparations exports from Ghana.

From 2012 to 2021, the average annual growth rate of value to Togo totaled +27.8%.

Export Prices by Country

The average titanium dioxide pigments export price stood at $X per ton in 2021, approximately reflecting the previous year. Overall, the export price faced a drastic downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 581%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Togo amounted to -2.1% per year.

Titanium Dioxide Pigments Imports

Imports into Ghana

In 2021, imports of titanium dioxide pigments and colouring preparations into Ghana expanded markedly to X tons, picking up by 9.9% against the previous year's figure. Overall, imports enjoyed prominent growth. The pace of growth was the most pronounced in 2016 with an increase of 224%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, titanium dioxide pigments imports surged to $X in 2021. Over the period under review, imports posted prominent growth. The most prominent rate of growth was recorded in 2016 when imports increased by 176%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest titanium dioxide pigments supplier to Ghana, with a 57% share of total imports. Moreover, titanium dioxide pigments imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), sixfold. Germany (X tons) ranked third in terms of total imports with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+9.6% per year) and Germany (+18.4% per year).

In value terms, China ($X) constituted the largest supplier of titanium dioxide pigments and colouring preparations to Ghana, comprising 53% of total imports. The second position in the ranking was taken by Germany ($X), with a 9.2% share of total imports. It was followed by Saudi Arabia, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+16.2% per year) and Saudi Arabia (-1.1% per year).

Import Prices by Country

The average titanium dioxide pigments import price stood at $X per ton in 2021, picking up by 17% against the previous year. In general, the import price, however, continues to indicate a pronounced setback. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for titanium dioxide pigments and colouring preparations in the world?

The countries with the highest volumes of in 2021 were China, the United States and Russia, together accounting for 42% of global consumption. These countries were followed by Germany, Mexico, India, South Korea, Turkey, Japan, Italy, Brazil, Spain and Canada, which together accounted for a further 30%.

What are the largest producers of titanium dioxide pigments and colouring preparations in the world?

China constituted the country with the largest volume of titanium dioxide pigments production, accounting for 36% of total volume. Moreover, titanium dioxide pigments production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by Germany, with a 5.6% share.

What are the leading suppliers of titanium dioxide pigments and colouring preparations to Ghana?

In value terms, Germany constituted the largest supplier of titanium dioxide pigments to Ghana, comprising 80% of total imports. The second position in the ranking was occupied by India, with a 9.3% share of total imports. It was followed by Kenya, with a 3.4% share.

What are the leading importers of titanium dioxide pigments and colouring preparations from Ghana?

In value terms, Togo remains the key foreign market for titanium dioxide pigments exports from Ghana.

What is the average export price for titanium dioxide pigments and colouring preparations in Ghana?

The average titanium dioxide pigments export price stood at $1,319 per ton in 2021, remaining stable against the previous year.

What is the average import price for titanium dioxide pigments and colouring preparations in Ghana?

In 2021, the average titanium dioxide pigments import price amounted to $2,069 per ton, growing by 4.4% against the previous year.

This report provides an in-depth analysis of the titanium dioxide pigments 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 20122415 - Pigments and preparations based on titanium dioxide containing . .80 % by weight of titanium dioxide
Prodcom 20122419 - Pigments and preparations based on titanium dioxide (excluding those containing . .80 % by weight of titanium dioxide)

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