Price for Cement of Hydraulic Kinds in Ghana - 2023

Contents:

  1. Price for Cement of Hydraulic Kinds in Ghana (CIF) - 2022
  2. Price for Cement of Hydraulic Kinds in Ghana (FOB) - 2022
  3. Imports of Cement of Hydraulic Kinds in Ghana
  4. Exports of Cement of Hydraulic Kinds in Ghana

Price for Cement of Hydraulic Kinds in Ghana (CIF) - 2022

In 2022, the average cement of hydraulic kinds import price amounted to $171 per ton, picking up by 28% against the previous year. In general, the import price, however, showed a abrupt slump. The pace of growth was the most pronounced in 2020 when the average import price increased by 209% against the previous year. The import price peaked at $1,458 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Angola ($275 per ton), while the price for Spain ($95 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Angola (+82.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cement of Hydraulic Kinds in Ghana (FOB) - 2022

The average cement of hydraulic kinds export price stood at $250 per ton in 2022, which is down by -57% against the previous year. Overall, the export price, however, continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 481%. As a result, the export price reached the peak level of $582 per ton, and then fell significantly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Burkina Faso amounted to +13.1% per year.

Imports of Cement of Hydraulic Kinds in Ghana

Cement of hydraulic kinds imports into Ghana surged to 6.5K tons in 2022, growing by 153% against the previous year's figure. Overall, imports, however, saw a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 3,299%.

In value terms, cement of hydraulic kinds imports skyrocketed to $1.1M in 2022. Over the period under review, imports, however, continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2021 with an increase of 1,131%.

Import of Cement of Hydraulic Kinds in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany798N/A10.2618-8.2%
Spain21.9N/A21.413583.4%
NetherlandsN/AN/AN/A1330%
AngolaN/AN/A0.212160400.0%
Cote d'Ivoire20.6N/AN/A33.717.8%
CongoN/AN/A260N/A0%
Burkina Faso135N/AN/AN/A0%
Israel131N/AN/AN/A0%
Others14627.850.169.9-21.8%
Total1,25227.83421,111-3.9%

Top Suppliers of Cement of Hydraulic Kinds to Ghana in 2022:

  1. Germany (3.6K tons)
  2. Spain (1.4K tons)
  3. Netherlands (0.6K tons)
  4. Angola (0.4K tons)
  5. Cote d'Ivoire (0.3K tons)

Exports of Cement of Hydraulic Kinds in Ghana

In 2022, overseas shipments of cement of hydraulic kindses decreased by -96.3% to 4 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2020 when exports increased by 306% against the previous year. As a result, the exports reached the peak of 207 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, cement of hydraulic kinds exports dropped sharply to $1K in 2022. In general, exports recorded a dramatic setback. The most prominent rate of growth was recorded in 2020 when exports increased by 442%.

Export of Cement of Hydraulic Kinds in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burkina Faso2.60.41.11.0-27.3%
AngolaN/AN/A61.4N/A0%
TogoN/A20.1N/AN/A0%
Others1.20.30.4N/A-42.3%
Total3.820.862.91.0-35.9%

Top Export Markets for Cement of Hydraulic Kinds from Ghana in 2022:

  1. Burkina Faso (4.0 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Global Cement Clinker Market to Grow at a CAGR of +3.1% from 2023 to 2030, Reaching 4,863M tons
Aug 13, 2024
Eye 48

Learn about the growing demand for cement clinker worldwide and the projected market expansion over the next seven years with an expected CAGR of 3.1%. By 2030, the market volume is estimated to reach 4,863M tons, with a value of $392.9B.

Exploring the Top Import Markets for Cement Clinker
Mar 21, 2024
Eye 310

Discover the leading countries importing cement clinker and the reasons behind their significant import values. Learn about the global trends in the cement industry.

Top Import Markets for Cement Clinker Worldwide
Jun 25, 2023
Eye 1251

Discover the top import markets for cement clinker, including Bangladesh, China, Australia, the Philippines, and Cote d'Ivoire. Learn about their import values, market trends, and the role of cement clinker in the global cement industry.

Top 10 Countries for Cement Imports in 2023
Mar 7, 2024
Eye 1165

Explore the top import markets for cement in 2023 and see which countries play a vital role in meeting the global demand for construction materials.

Breaking Ground: How to Conduct In-Depth Research on the Cement Market
Feb 25, 2023
Eye 603

Conducting effective research is key to succeeding in the competitive cement market. This comprehensive guide provides best practices and tools for analyzing market trends, identifying opportunities, and gathering data from reliable sources.

Rising Infrastructure Development Supports Cement Market Growth
Jan 10, 2023
Eye 627

In 2021, after three years of growth, there was decline in the global cement market, when its value decreased by...

Cement Industry Outlook 2022-2030
May 14, 2022
Eye 6921

The cement industry is forecast to grow at a compound annual growth rate (CAGR) of 3.4% during the 2022-2030 period, driven by increasing construction activity and rapid urbanization in developing countries.

Asian Construction Boom Set to Secure Stable Cement Market Growth
May 20, 2021
Eye 960

Consistent demand from the construction sector maneuvered the global cement market through the pandemic and promoted its further expansion. The robust growth currently being seen in the Asian residential ans infrastructural sector is set to become a key market driver in the near term. 

Global Cement Market Reached $305B, With China Leading the Expansion
Jan 20, 2020
Eye 558

The global cement market revenue amounted to $305.4B in 2018, flattening at 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

Which Country Imports the Most Cement in the World?
May 28, 2018
Eye 2153

Global cement imports stood at X tons in 2016, dropping by -X% against the previous year level. Overall, cement imports continue to indicate a relatively flat trend pattern. The pace of growth ...

Free Data: Cement; hydraulic kinds - Ghana