Ghana - Rubber Tubing Not Reinforced - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Reinforced Rubber Tubing Price in Ghana - 2022
Contents:
- Non-Reinforced Rubber Tubing Price in Ghana (CIF) - 2022
- Non-Reinforced Rubber Tubing Price in Ghana (FOB) - 2022
- Non-Reinforced Rubber Tubing Imports in Ghana
- Non-Reinforced Rubber Tubing Exports in Ghana
Non-Reinforced Rubber Tubing Price in Ghana (CIF) - 2022
In 2022, the average non-reinforced rubber tubing import price amounted to $4,016 per ton, declining by -12.4% against the previous year. Over the period under review, the import price recorded a perceptible slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 89%. Over the period under review, average import prices reached the peak figure at $5,694 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to +14.4% per year.
Non-Reinforced Rubber Tubing Price in Ghana (FOB) - 2022
In 2022, the average non-reinforced rubber tubing export price amounted to $9,462 per ton, declining by -12.9% against the previous year. In general, the export price continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2017 an increase of 125% against the previous year. As a result, the export price reached the peak level of $38,524 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Benin ($41,000 per ton), while the average price for exports to Cote d'Ivoire ($7,919 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mali (+53.5%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Reinforced Rubber Tubing Imports in Ghana
After three years of growth, overseas purchases of rubber tubing not reinforced decreased by -3.2% to 516 tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.0% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 48%.
In value terms, non-reinforced rubber tubing imports reduced rapidly to $2.1M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.9% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 44% against the previous year.
Import of Non-Reinforced Rubber Tubing in Ghana (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 0.1 | 1.9 | 2.4 | 2.1 | 175.9% |
China | 0.2 | N/A | N/A | N/A | 0% |
Saudi Arabia | 0.1 | N/A | N/A | N/A | 0% |
Others | 1.0 | N/A | N/A | N/A | 0% |
Total | 1.3 | 1.9 | 2.4 | 2.1 | 17.3% |
Top Suppliers of Non-Reinforced Rubber Tubing to Ghana in 2022:
- United Arab Emirates (515.9 tons)
Non-Reinforced Rubber Tubing Exports in Ghana
In 2022, shipments abroad of rubber tubing not reinforced decreased by -82.8% to 39 kg, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. As a result, the exports reached the peak of 1.1 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, non-reinforced rubber tubing exports dropped significantly to $369 in 2022. Overall, exports continue to indicate a dramatic decline. The smallest decline of -13.7% was in 2020.
Export of Non-Reinforced Rubber Tubing in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cote d'Ivoire | 3.7 | 1.3 | 1.9 | 0.3 | -56.7% |
Benin | N/A | 0.1 | N/A | N/A | 0% |
Nigeria | 1.2 | 4.6 | 0.3 | N/A | -50.0% |
Armenia | N/A | N/A | N/A | N/A | 0% |
Senegal | 1.1 | 1.0 | N/A | N/A | -9.1% |
Mali | 3.2 | N/A | N/A | N/A | 0% |
Peru | N/A | 0.3 | N/A | N/A | 0% |
Netherlands | 1.9 | 1.8 | N/A | N/A | -5.3% |
Mauritania | N/A | 5.0 | N/A | N/A | 0% |
Others | 7.5 | 1.8 | 0.3 | N/A | -80.0% |
Total | 18.6 | 16.0 | 2.5 | 0.4 | -72.2% |
Top Export Markets for Non-Reinforced Rubber Tubing from Ghana in 2022:
- Cote d'Ivoire (37.0 kg)
- Armenia (1.0 kg)
- Benin (1.0 kg)
This report provides an in-depth analysis of the non-reinforced rubber 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 22193030 - Rubber tubing not reinforced
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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