Ghana - Isocyanates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIsocyanates Price in Ghana - 2022
Contents:
- Isocyanates Price in Ghana (CIF) - 2022
- Isocyanates Price in Ghana (FOB) - 2022
- Isocyanates Imports in Ghana
- Isocyanates Exports in Ghana
Isocyanates Price in Ghana (CIF) - 2022
The average isocyanates import price stood at $1,848 per ton in 2022, waning by -15% against the previous year. Overall, the import price continues to indicate a pronounced decrease. The growth pace was the most rapid in 2021 when the average import price increased by 40%. The import price peaked at $2,959 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,241 per ton), while the price for Israel ($525 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 States (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Isocyanates Price in Ghana (FOB) - 2022
The average isocyanates export price stood at $1,238 per ton in 2022, picking up by 3.1% against the previous year. Overall, the export price, however, saw a abrupt downturn. The growth pace was the most rapid in 2016 when the average export price increased by 19% against the previous year. The export price peaked at $2,728 per ton in 2012; however, from 2013 to 2022, 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 ($25,464 per ton), while the average price for exports to Burkina Faso ($185 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 France (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.
Isocyanates Imports in Ghana
In 2022, overseas purchases of isocyanates were finally on the rise to reach 6.5K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a abrupt contraction.
In value terms, isocyanates imports declined to $12M in 2022. Over the period under review, imports, however, saw a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 26% against the previous year.
| Import of Isocyanates in Ghana (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.3 | 2.9 | 4.1 | 4.4 | 24.1% |
| China | 0.2 | 2.3 | 2.7 | 1.9 | 111.8% |
| South Korea | 1.9 | 0.5 | 0.8 | 1.4 | -9.7% |
| Germany | 3.0 | 0.6 | 0.7 | 1.2 | -26.3% |
| Hungary | 0.2 | 1.2 | 1.6 | 1.1 | 76.5% |
| Japan | 0.4 | 0.4 | 0.1 | 0.2 | -20.6% |
| Israel | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Saudi Arabia | 3.4 | N/A | N/A | N/A | 0% |
| Others | 3.0 | 2.7 | 3.4 | 1.8 | -15.7% |
| Total | 14.3 | 10.7 | 13.4 | 12.1 | -5.4% |
Top Suppliers of Isocyanates to Ghana in 2022:
- United Arab Emirates (2348.6 tons)
- Germany (1029.4 tons)
- China (979.4 tons)
- South Korea (724.2 tons)
- Hungary (469.8 tons)
- Japan (116.0 tons)
- Israel (106.2 tons)
Isocyanates Exports in Ghana
In 2022, shipments abroad of isocyanates was finally on the rise to reach 5 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a deep slump.
In value terms, isocyanates exports skyrocketed to $6.2K in 2022. Overall, exports, however, saw a sharp reduction.
| Export of Isocyanates in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | 10.2 | 5.8 | 1.6 | 3.6 | -29.3% |
| Benin | 5.6 | 3.3 | 0.9 | 2.1 | -27.9% |
| Burkina Faso | 0.5 | 0.4 | 0.2 | 0.5 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.3 | 9.5 | 2.8 | 6.2 | -27.5% |
Top Export Markets for Isocyanates from Ghana in 2022:
- Burkina Faso (2.5 tons)
- Benin (2.3 tons)
- Niger (0.1 tons)
This report provides an in-depth analysis of the isocyanates 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 20144450 - Isocyanates
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
-
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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