Ghana - Polyethylene in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polyethylene in Primary Forms in Ghana - 2022
Contents:
- Price for Polyethylene in Primary Forms in Ghana (CIF) - 2022
- Price for Polyethylene in Primary Forms in Ghana (FOB) - 2022
- Imports of Polyethylene in Primary Forms in Ghana
- Exports of Polyethylene in Primary Forms in Ghana
Price for Polyethylene in Primary Forms in Ghana (CIF) - 2022
The average polyethylene in primary forms import price stood at $1,053 per ton in 2022, dropping by -16.1% against the previous year. In general, the import price showed a slight contraction. The most prominent rate of growth was recorded in 2021 an increase of 46%. Over the period under review, average import prices reached the peak figure at $1,572 per ton in 2014; however, from 2015 to 2022, import prices stood 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 China ($1,341 per ton), while the price for Qatar ($823 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Polyethylene in Primary Forms in Ghana (FOB) - 2022
The average polyethylene in primary forms export price stood at $836 per ton in 2022, picking up by 17% against the previous year. Overall, the export price, however, continues to indicate a mild setback. The growth pace was the most rapid in 2015 when the average export price increased by 51%. The export price peaked at $1,540 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($4,106 per ton), while the average price for exports to India ($355 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 (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Polyethylene in Primary Forms in Ghana
In 2022, after two years of decline, there was growth in supplies from abroad of polyethylene in primary forms, when their volume increased by 2.5% to 139K tons. In general, imports, however, saw a abrupt slump.
In value terms, polyethylene in primary forms imports reduced to $146M in 2022. Overall, imports, however, recorded a pronounced downturn. The pace of growth was the most pronounced in 2021 with an increase of 39%. As a result, imports attained the peak of $170M, and then declined in the following year.
Import of Polyethylene in Primary Forms in Ghana (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 54.0 | 36.3 | 60.5 | 49.3 | -3.0% |
United States | 24.1 | 27.7 | 16.7 | 22.9 | -1.7% |
South Korea | 10.4 | 11.9 | 15.6 | 16.8 | 17.3% |
Qatar | 10.0 | 9.4 | 10.6 | 9.1 | -3.1% |
United Arab Emirates | 7.6 | 4.5 | 7.5 | 8.0 | 1.7% |
Thailand | 12.4 | 4.2 | 12.6 | 7.4 | -15.8% |
China | 5.3 | 2.8 | 7.5 | 6.1 | 4.8% |
Taiwan (Chinese) | 3.7 | 2.1 | 4.9 | 4.0 | 2.6% |
Kuwait | 6.0 | 2.9 | 2.2 | 3.3 | -18.1% |
India | 1.4 | 3.7 | 5.9 | 2.4 | 19.7% |
Belgium | 5.4 | 2.9 | 4.5 | 1.6 | -33.3% |
Others | 14.9 | 13.8 | 21.5 | 15.2 | 0.7% |
Total | 155 | 122 | 170 | 146 | -2.0% |
Top Suppliers of Polyethylene in Primary Forms to Ghana in 2022:
- Saudi Arabia (52.3K tons)
- United States (20.3K tons)
- South Korea (16.4K tons)
- Qatar (11.1K tons)
- Thailand (6.6K tons)
- United Arab Emirates (6.2K tons)
- China (4.6K tons)
- Taiwan (Chinese) (3.5K tons)
- Kuwait (2.4K tons)
- India (2.0K tons)
- Belgium (1.3K tons)
Exports of Polyethylene in Primary Forms in Ghana
In 2022, approx. 118 tons of polyethylene in primary forms were exported from Ghana; dropping by -21.9% on 2021 figures. In general, exports saw a dramatic setback. The pace of growth appeared the most rapid in 2021 with an increase of 93% against the previous year.
In value terms, polyethylene in primary forms exports fell to $98K in 2022. Overall, exports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year.
Export of Polyethylene in Primary Forms in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Burkina Faso | 112 | 2.9 | 47.7 | 41.1 | -28.4% |
Cote d'Ivoire | 82.7 | 29.6 | 21.2 | 20.3 | -37.4% |
Nigeria | 56.8 | 20.1 | 14.8 | 13.7 | -37.8% |
Togo | 12.0 | 13.4 | 10.8 | 8.6 | -10.5% |
Liberia | 50.7 | 13.9 | 7.7 | 5.7 | -51.7% |
Austria | N/A | N/A | N/A | 4.3 | 0% |
India | 28.9 | 8.8 | 5.4 | 4.2 | -47.4% |
Vietnam | 4.2 | N/A | N/A | N/A | 0% |
Mali | 73.9 | N/A | N/A | N/A | 0% |
Ukraine | 3.7 | N/A | N/A | N/A | 0% |
Others | 1.1 | 0.2 | N/A | 0.3 | -35.2% |
Total | 426 | 88.8 | 108 | 98.2 | -38.7% |
Top Export Markets for Polyethylene in Primary Forms from Ghana in 2022:
- Burkina Faso (39.7 tons)
- Cote d'Ivoire (29.0 tons)
- Togo (23.0 tons)
- India (11.8 tons)
- Liberia (6.0 tons)
- Austria (4.7 tons)
- Nigeria (3.3 tons)
This report provides an in-depth analysis of the market for polyethylene in primary forms 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 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
- Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)
- Prodcom 20161050 - Polyethylene having a specific gravity of . 0,94, in primary forms
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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