Report Update Nov 1, 2024

Ghana - Ultraviolet or Infrared Lamps and Arc Lamps - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Market for Ultraviolet Or Infrared Lamps And Arc Lamps 2024

Market Size for Ultraviolet Or Infrared Lamps And Arc Lamps in Ghana

In 2021, the Ghanian market for ultraviolet or infrared lamps and arc lamps was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption posted a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Ultraviolet Or Infrared Lamps And Arc Lamps

Exports from Ghana

In 2021, overseas shipments of ultraviolet or infrared lamps and arc lamps increased by 55% to X units, rising for the second consecutive year after four years of decline. Overall, exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2020 with an increase of 263%. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, ultraviolet, infrared, or arc lamp exports rose markedly to $X in 2021. Over the period under review, exports enjoyed strong growth. The growth pace was the most rapid in 2013 with an increase of 132%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Burkina Faso (X units) was the main destination for ultraviolet, infrared, or arc lamp exports from Ghana, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Burkina Faso totaled +10.7%.

In value terms, Burkina Faso ($X) emerged as the key foreign market for ultraviolet or infrared lamps and arc lamps exports from Ghana.

From 2012 to 2021, the average annual growth rate of value to Burkina Faso totaled +8.5%.

Export Prices by Country

The average export price for ultraviolet or infrared lamps and arc lamps stood at $X per unit in 2021, with a decrease of -30.2% against the previous year. Overall, the export price recorded a perceptible contraction. The pace of growth appeared the most rapid in 2019 when the average export price increased by 375% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Burkina Faso amounted to -2.0% per year.

Imports of Ultraviolet Or Infrared Lamps And Arc Lamps

Imports into Ghana

In 2021, overseas purchases of ultraviolet or infrared lamps and arc lamps were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports posted strong growth. The most prominent rate of growth was recorded in 2017 with an increase of 112%. Imports peaked at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, ultraviolet, infrared, or arc lamp imports surged to $X in 2021. In general, imports saw a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

South Korea (X units), China (X units) and Italy (X units) were the main suppliers of ultraviolet, infrared, or arc lamp imports to Ghana, together accounting for 57% of total imports.

From 2012 to 2021, the biggest increases were recorded for South Korea (with a CAGR of +174.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of ultraviolet or infrared lamps and arc lamps to Ghana, comprising 19% of total imports. The second position in the ranking was held by South Korea ($X), with a 5.4% share of total imports. It was followed by Switzerland, with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +64.0%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+140.7% per year) and Switzerland (+81.4% per year).

Import Prices by Country

The average import price for ultraviolet or infrared lamps and arc lamps stood at $X per unit in 2021, surging by 85% against the previous year. Over the period under review, the import price posted resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+7.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ultraviolet or infrared lamps and arc lamps in the world?

China remains the largest ultraviolet, infrared, or arc lamp consuming country worldwide, accounting for 22% of total volume. Moreover, ultraviolet, infrared, or arc lamp consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with an 8.8% share.

What are the largest producers of ultraviolet or infrared lamps and arc lamps in the world?

China remains the largest ultraviolet, infrared, or arc lamp producing country worldwide, accounting for 42% of total volume. Moreover, ultraviolet, infrared, or arc lamp production in China exceeded the figures recorded by the second-largest producer, Germany, fourfold. Hungary ranked third in terms of total production with a 7.8% share.

What are the leading suppliers of ultraviolet or infrared lamps and arc lamps to Ghana?

In value terms, China constituted the largest supplier of ultraviolet, infrared, or arc lamp to Ghana, comprising 23% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 9.4% share of total imports. It was followed by Switzerland, with a 5.3% share.

What are the leading importers of ultraviolet or infrared lamps and arc lamps from Ghana?

In value terms, Togo remains the key foreign market for ultraviolet, infrared, or arc lamp exports from Ghana, comprising 95% of total exports. The second position in the ranking was occupied by Burkina Faso, with a 2.5% share of total exports.

What is the average export price for ultraviolet or infrared lamps and arc lamps in Ghana?

In 2020, the average export price for ultraviolet or infrared lamps and arc lamps amounted to $56 per unit, jumping by 99% against the previous year.

What is the average import price for ultraviolet or infrared lamps and arc lamps in Ghana?

The average import price for ultraviolet or infrared lamps and arc lamps stood at $2.7 per unit in 2020, rising by 43% against the previous year.

This report provides an in-depth analysis of the market for ultraviolet, infrared, or arc lamp 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 27401570 - Ultraviolet or infrared lamps, arc lamps

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