Report Update Nov 1, 2024

Ghana - Zinc, Unwrought (Not Alloyed) - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Zinc Market 2024

Zinc Market Size in Ghana

The Ghanian zinc market declined markedly to $X in 2022, which is down by -17.7% 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 continues to indicate a sharp slump. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Zinc Exports

Exports from Ghana

In 2015, exports of zinc, unwrought (not alloyed) from Ghana stood at X kg, remaining constant against the year before. Over the period under review, exports showed a dramatic decline. The smallest decline of 99.9% was in 2014. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2015, the exports remained at a lower figure.

In value terms, zinc exports totaled $X in 2015. Overall, exports recorded a precipitous setback. The smallest decline of 99.9% was in 2014. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2015, the exports remained at a lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for zinc exports from Ghana, with a approx. 100% share of total exports.

From 2013 to 2015, the average annual growth rate of volume to the Netherlands was relatively modest.

From 2013 to 2015, the average annual rate of growth in terms of value to the Netherlands was relatively modest.

Export Prices by Country

The average zinc export price stood at $X per ton in 2015, remaining stable against the previous year. In general, the export price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2014 a decrease of 99.9%. The export price peaked in 2015 and is expected to retain growth in the near future.

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

From 2013 to 2015, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Zinc Imports

Imports into Ghana

In 2022, after two years of growth, there was significant decline in supplies from abroad of zinc, unwrought (not alloyed), when their volume decreased by -16% to X tons. In general, imports saw a dramatic downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 144%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, zinc imports reduced remarkably to $X in 2022. Overall, imports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2017 with an increase of 127% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X tons) was the main supplier of zinc to Ghana, accounting for a 92% share of total imports. Moreover, zinc imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Belgium (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands amounted to -26.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-26.0% per year) and Togo (-58.1% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of zinc, unwrought (not alloyed) to Ghana, comprising 99% of total imports. The second position in the ranking was taken by Belgium ($X), with a 0.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands stood at -31.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (-38.7% per year) and Togo (-66.0% per year).

Import Prices by Country

The average zinc import price stood at $X per ton in 2022, declining by -4.7% against the previous year. In general, the import price saw a deep reduction. The growth pace was the most rapid in 2018 when the average import price increased by 41%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-7.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for zinc, unwrought (not alloyed) in the world?

China remains the largest zinc consuming country worldwide, comprising approx. 42% of total volume. Moreover, zinc consumption in China exceeded the figures recorded by the second-largest consumer, India, eightfold. The United States ranked third in terms of total consumption with a 3.9% share.

What are the largest producers of zinc, unwrought (not alloyed) in the world?

China constituted the country with the largest volume of zinc production, comprising approx. 39% of total volume. Moreover, zinc production in China exceeded the figures recorded by the second-largest producer, India, sevenfold. Peru ranked third in terms of total production with a 4% share.

What are the leading suppliers of zinc, unwrought (not alloyed) to Ghana?

In value terms, the Netherlands constituted the largest supplier of zinc to Ghana, comprising 77% of total imports. The second position in the ranking was occupied by Belgium $463), with a 20% share of total imports.

What is the average export price for zinc, unwrought (not alloyed) in Ghana?

The average zinc export price stood at $2,000 per ton in 2015, standing approx. at the previous year.

What is the average import price for zinc, unwrought (not alloyed) in Ghana?

The average zinc import price stood at $1,248 per ton in 2021, with an increase of 1.6% against the previous year.

This report provides an in-depth analysis of the zinc 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 24431230 - Unwrought non-alloy zinc (excluding zinc dust, powders and flakes)

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