Ghana - Polyethylene Glycols and Polyethers in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGhana: Market for Polyethylene Glycols and Polyethers in Primary Forms 2024
Market Size for Polyethylene Glycols and Polyethers in Primary Forms in Ghana
In 2023, the Ghanian polyethylene glycol and polyether market decreased by X% to $X, falling for the second consecutive year after two years of growth. In general, consumption, however, saw a relatively flat trend pattern. Polyethylene glycol and polyether consumption peaked at $X in 2015; however, from 2016 to 2023, consumption failed to regain momentum.
Exports of Polyethylene Glycols and Polyethers in Primary Forms
Exports from Ghana
After five years of growth, shipments abroad of polyethylene glycols and polyethers in primary forms decreased by X% to X tons in 2023. Overall, exports recorded a slight downturn. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then contracted markedly in the following year.
In value terms, polyethylene glycol and polyether exports shrank significantly to $X in 2023. Over the period under review, exports saw a pronounced slump. The growth pace was the most rapid in 2022 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.
Exports by Country
Burkina Faso (X tons) was the main destination for polyethylene glycol and polyether exports from Ghana, with a X% share of total exports. Moreover, polyethylene glycol and polyether exports to Burkina Faso exceeded the volume sent to the second major destination, Niger (X tons), twofold. Benin (X tons) ranked third in terms of total exports with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Burkina Faso stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (X% per year) and Benin (X% per year).
In value terms, the largest markets for polyethylene glycol and polyether exported from Ghana were Burkina Faso ($X), Niger ($X) and Benin ($X), together accounting for X% of total exports.
Among the main countries of destination, Burkina Faso, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.
Export Prices by Country
The average polyethylene glycol and polyether export price stood at $X per ton in 2023, falling by X% against the previous year. Overall, the export price recorded a slight decline. The most prominent rate of growth was recorded in 2022 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2023, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Niger ($X per ton), while the average price for exports to Cote d'Ivoire ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mali (X%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Polyethylene Glycols and Polyethers in Primary Forms
Imports into Ghana
In 2023, overseas purchases of polyethylene glycols and polyethers in primary forms were finally on the rise to reach X tons after two years of decline. Overall, imports saw a measured increase. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at X tons in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.
In value terms, polyethylene glycol and polyether imports contracted to $X in 2023. In general, imports, however, saw a slight decline. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked at $X in 2015; however, from 2016 to 2023, imports stood at a somewhat lower figure.
Imports by Country
In 2023, China (X tons) constituted the largest polyethylene glycol and polyether supplier to Ghana, with a X% share of total imports. Moreover, polyethylene glycol and polyether imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X tons), sixfold. The third position in this ranking was held by the United Arab Emirates (X tons), with an X% share.
From 2012 to 2023, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and the United Arab Emirates (X% per year).
In value terms, China ($X) constituted the largest supplier of polyethylene glycols and polyethers in primary forms to Ghana, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and the United Arab Emirates (X% per year).
Import Prices by Country
The average polyethylene glycol and polyether import price stood at $X per ton in 2023, falling by X% against the previous year. In general, the import price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2022 to 2023, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for polyethylene glycol and polyether 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 20164015 - Polyethylene glycols and other polyether alcohols, in primary forms
- Prodcom 20164020 - Polyethers, in primary forms (excluding polyacetals, polyether alcohols)
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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