Ghana - Prepared Binders For Foundry Moulds Or Cores - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrepared Binders Price in Ghana - 2022
Contents:
- Prepared Binders Price in Ghana (CIF) - 2022
- Prepared Binders Price in Ghana (FOB) - 2022
- Prepared Binders Imports in Ghana
- Prepared Binders Exports in Ghana
Prepared Binders Price in Ghana (CIF) - 2022
In 2022, the average prepared binders import price amounted to $380 per ton, picking up by 11% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2019 when the average import price increased by 40%. Over the period under review, average import prices attained the peak figure at $1,739 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($2,884 per ton), while the price for India ($225 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Prepared Binders Price in Ghana (FOB) - 2022
The average prepared binders export price stood at $1,505 per ton in 2022, jumping by 68% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 95%. As a result, the export price attained the peak level of $2,582 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($2,425 per ton), while the average price for exports to Egypt amounted to $242 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+5.7%).
Prepared Binders Imports in Ghana
For the fourth year in a row, Ghana recorded growth in overseas purchases of prepared binders for foundry moulds or cores, which increased by 4.6% to 955 tons in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 101%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, prepared binders imports surged to $363K in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.2% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 72% against the previous year. As a result, imports attained the peak of $413K. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Prepared Binders in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 142 | 215 | 152 | 193 | 10.8% |
Israel | 43.1 | 67.6 | 63.6 | 89.5 | 27.6% |
United Kingdom | 29.8 | 66.4 | 51.0 | 47.6 | 16.9% |
Others | 25.2 | 64.1 | 46.1 | 32.3 | 8.6% |
Total | 240 | 413 | 313 | 363 | 14.8% |
Top Suppliers of Prepared Binders to Ghana in 2022:
- India (860.9 tons)
- Israel (50.2 tons)
- United Kingdom (16.5 tons)
Prepared Binders Exports in Ghana
Prepared binders exports from Ghana fell markedly to 764 kg in 2022, dropping by -18.3% compared with the previous year. In general, exports showed a perceptible curtailment. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. As a result, the exports reached the peak of 935 kg, and then declined remarkably in the following year.
In value terms, prepared binders exports soared to $1.1K in 2022. Over the period under review, exports faced a deep reduction.
Export of Prepared Binders in Ghana (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Cote d'Ivoire | 2,076 | 1,462 | 613 | 1,072 | -19.8% |
Egypt | N/A | N/A | N/A | 78.0 | 0% |
Niger | 10.0 | N/A | N/A | N/A | 0% |
Burkina Faso | N/A | N/A | 224 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2,086 | 1,462 | 837 | 1,150 | -18.0% |
Top Export Markets for Prepared Binders from Ghana in 2022:
- Cote d'Ivoire (442.0 kg)
- Egypt (322.0 kg)
This report provides an in-depth analysis of the prepared binders 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 20595720 - Prepared binders for foundry moulds or cores
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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