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Ghana - Extruded Solid Rubber Rods And Profiles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Extruded Solid Rubber Rod in Ghana - 2022
Contents:
- Price for Extruded Solid Rubber Rod in Ghana (CIF) - 2022
- Price for Extruded Solid Rubber Rod in Ghana (FOB) - 2022
- Imports of Extruded Solid Rubber Rod in Ghana
- Exports of Extruded Solid Rubber Rod in Ghana
Price for Extruded Solid Rubber Rod in Ghana (CIF) - 2022
The average extruded solid rubber rod import price stood at $4,723 per ton in 2022, waning by -6.9% against the previous year. Over the period under review, the import price, however, saw a temperate increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 52%. As a result, import price attained the peak level of $6,603 per ton. From 2019 to 2022, the average import prices remained at a somewhat 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 South Africa ($23,352 per ton), while the price for South Korea ($2,124 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Extruded Solid Rubber Rod in Ghana (FOB) - 2022
In 2022, the average extruded solid rubber rod export price amounted to $21,923 per ton, growing by 8.5% against the previous year. In general, the export price enjoyed a significant expansion. The growth pace was the most rapid in 2015 an increase of 84%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
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 +26.7% per year.
Imports of Extruded Solid Rubber Rod in Ghana
In 2022, after two years of decline, there was significant growth in overseas purchases of extruded solid rubber rods and profiles, when their volume increased by 9.9% to 128 tons. Over the period under review, imports, however, saw a abrupt slump.
In value terms, extruded solid rubber rod imports expanded modestly to $607K in 2022. Overall, imports, however, showed a abrupt curtailment.
Import of Extruded Solid Rubber Rod in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 363 | 399 | 313 | 293 | -6.9% |
South Korea | 64.7 | 56.7 | 65.8 | 80.3 | 7.5% |
Germany | 45.0 | 11.1 | 52.8 | 64.3 | 12.6% |
Spain | 12.5 | 32.2 | 31.3 | 32.0 | 36.8% |
South Africa | 162 | 12.5 | 20.9 | 30.1 | -42.9% |
Thailand | 37.8 | 24.6 | 21.2 | 19.2 | -20.2% |
Nigeria | 16.2 | 11.6 | 11.0 | 10.9 | -12.4% |
India | 24.4 | 2.6 | 4.7 | 7.0 | -34.0% |
Italy | 1.6 | 8.0 | 1.9 | 3.1 | 24.7% |
Others | 152 | 61.1 | 70.9 | 66.4 | -24.1% |
Total | 879 | 620 | 593 | 607 | -11.6% |
Top Suppliers of Extruded Solid Rubber Rod to Ghana in 2022:
- China (52.7 tons)
- South Korea (37.8 tons)
- Spain (9.5 tons)
- Thailand (7.8 tons)
- Germany (3.3 tons)
- India (3.1 tons)
- Nigeria (3.0 tons)
- Italy (2.7 tons)
- South Africa (1.3 tons)
Exports of Extruded Solid Rubber Rod in Ghana
In 2022, shipments abroad of extruded solid rubber rods and profiles decreased by -14.5% to 4.4 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a deep reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 1.4% against the previous year. As a result, the exports attained the peak of 6 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, extruded solid rubber rod exports shrank to $95K in 2022. The total export value increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. As a result, the exports attained the peak of $103K, and then fell in the following year.
Export of Extruded Solid Rubber Rod in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Burkina Faso | 74.9 | 88.0 | 102 | 95.2 | 8.3% |
Others | 0.6 | N/A | 0.3 | 0.2 | -30.7% |
Total | 75.4 | 88.0 | 103 | 95.4 | 8.2% |
Top Export Markets for Extruded Solid Rubber Rod from Ghana in 2022:
- Burkina Faso (4.3 tons)
This report provides an in-depth analysis of the market for extruded solid rubber rod 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 22192087 - Extruded solid rubber rods and profiles
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
-
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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