Report Update Nov 1, 2024

Ghana - Titanium Sponge, Powders, Ingots and Slabs - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Titanium Market 2024

Titanium Market Size in Ghana

The Ghanian titanium market was estimated at $X in 2022, approximately reflecting the previous year. The market value increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Titanium consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Titanium Production in Ghana

In value terms, titanium production reached $X in 2022 estimated in export price. Overall, the total production indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.5% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 44%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Titanium Exports

Exports from Ghana

In 2013, approx. X tons of titanium sponge, powders, ingots and slabs were exported from Ghana; remaining relatively unchanged against the previous year. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2013 and are likely to continue growth in years to come.

In value terms, titanium exports amounted to $X in 2013. Overall, exports saw a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2013 and are likely to see steady growth in the immediate term.

Exports by Country

South Africa (X tons) was the main destination for titanium exports from Ghana, accounting for a approx. 100% share of total exports.

From 2013 to 2013, the average annual growth rate of volume to South Africa was relatively modest.

From 2013 to 2013, the average annual rate of growth in terms of value to South Africa was relatively modest.

Titanium Imports

Imports into Ghana

In 2019, titanium imports into Ghana was estimated at X kg, remaining relatively unchanged against the previous year's figure. Over the period under review, imports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2014 with an increase of 498% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2019, the growth of imports remained at a lower figure.

In value terms, titanium imports amounted to $X in 2019. Overall, imports showed a sharp setback. The pace of growth appeared the most rapid in 2014 when imports increased by 503%. As a result, imports attained the peak of $X. From 2015 to 2019, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2019, Lebanon (X kg) was the main titanium supplier to Ghana, accounting for a approx. 100% share of total imports.

From 2013 to 2019, the average annual rate of growth in terms of volume from Lebanon was relatively modest.

In value terms, Lebanon ($X) constituted the largest supplier of titanium sponge, powders, ingots and slabs to Ghana.

From 2013 to 2019, the average annual rate of growth in terms of value from Lebanon was relatively modest.

Import Prices by Country

In 2019, the average titanium import price amounted to $X per ton, remaining stable against the previous year. In general, the import price saw a strong increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 0.8% against the previous year. The import price peaked in 2019 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Lebanon.

From 2013 to 2019, the rate of growth in terms of prices for the UK amounted to 0.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for titanium sponge, powders, ingots and slabs in the world?

The country with the largest volume of titanium consumption was China, accounting for 21% of total volume. Moreover, titanium consumption in China exceeded the figures recorded by the second-largest consumer, Russia, threefold. The United States ranked third in terms of total consumption with a 6.3% share.

What are the largest producers of titanium sponge, powders, ingots and slabs in the world?

The countries with the highest volumes of in 2021 were China, Japan and Russia, with a combined 34% share of global production. These countries were followed by Indonesia, Kazakhstan, the United States, Brazil, the UK, Pakistan, Germany, Canada, Nigeria and the Philippines, which together accounted for a further 33%.

What are the leading suppliers of titanium sponge, powders, ingots and slabs to Ghana?

In value terms, Lebanon $98) constituted the largest supplier of titanium to Ghana.

What is the average export price for titanium sponge, powders, ingots and slabs in Ghana?

The average titanium export price stood at $12,598 per ton in 2013, standing approx. at the previous year.

What is the average import price for titanium sponge, powders, ingots and slabs in Ghana?

The average titanium import price stood at $7,538 per ton in 2019, remaining stable against the previous year.

This report provides an in-depth analysis of the titanium 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:

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