Ghana - Paints and Varnishes, Based on Acrylic or Vinyl Polymers - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingGhana: Market for Paints And Varnishes, Based On Acrylic Or Vinyl Polymers, Aqueous Medium 2024
Market Size for Paints And Varnishes, Based On Acrylic Or Vinyl Polymers, Aqueous Medium in Ghana
The Ghanian market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium contracted to $X in 2022, waning by X% against 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 included in the final consumer price). In general, consumption, however, continues to indicate mild growth. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.
Exports of Paints And Varnishes, Based On Acrylic Or Vinyl Polymers, Aqueous Medium
Exports from Ghana
In 2022, after three years of growth, there was significant decline in shipments abroad of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium, when their volume decreased by X% to X tons. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then reduced in the following year.
In value terms, exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium contracted to $X in 2022. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports of attained the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.
Exports by Country
Benin (X tons) was the main destination for exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium from Ghana, accounting for a X% share of total exports. Moreover, exports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium to Benin exceeded the volume sent to the second major destination, Cote d'Ivoire (X tons), more than tenfold. The third position in this ranking was held by Senegal (X tons), with a X% share.
From 2012 to 2022, the average annual growth rate of volume to Benin amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (X% per year) and Senegal (X% per year).
In value terms, Benin ($X) remains the key foreign market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium exports from Ghana, comprising X% of total exports. The second position in the ranking was held by Cote d'Ivoire ($X), with an X% share of total exports. It was followed by Senegal, with a X% share.
From 2012 to 2022, the average annual growth rate of value to Benin stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (X% per year) and Senegal (X% per year).
Export Prices by Country
In 2022, the average export price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium amounted to $X per ton, with an increase of X% against the previous year. In general, the export price, however, showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2015 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while the average price for exports to Benin ($X 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 Togo (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Paints And Varnishes, Based On Acrylic Or Vinyl Polymers, Aqueous Medium
Imports into Ghana
Imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium into Ghana reduced to X tons in 2022, with a decrease of X% on the previous year's figure. In general, imports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.
In value terms, imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium contracted rapidly to $X in 2022. Overall, imports, however, posted a resilient expansion. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.
Imports by Country
In 2022, Brazil (X tons) constituted the largest supplier of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium to Ghana, accounting for a X% share of total imports. Moreover, imports of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium from Brazil exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), fourfold. China (X tons) ranked third in terms of total imports with an X% share.
From 2012 to 2022, the average annual growth rate of volume from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and China (X% per year).
In value terms, Brazil ($X) constituted the largest supplier of paints and varnishes, based on acrylic or vinyl polymers, aqueous medium to Ghana, comprising X% of total imports. The second position in the ranking was taken by South Africa ($X), with a X% share of total imports. It was followed by China, with a X% share.
From 2012 to 2022, the average annual growth rate of value from Brazil amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (X% per year) and China (X% per year).
Import Prices by Country
The average import price for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the import price saw a perceptible decrease. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium 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 20301150 - Paints and varnishes, based on acrylic or vinyl polymers dispersed or dissolved in an aqueous medium (including enamels and lacquers)
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.
-
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
-
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
-
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
-
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
-
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
-
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
Recommended reports
This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in Asia.
This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in the U.S..
This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in China.
This report provides an in-depth analysis of the market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium in the EU.
This report provides an in-depth analysis of the global market for paints and varnishes, based on acrylic or vinyl polymers, aqueous medium.
- Price for Paints and Varnishes, Based on Acrylic or Vinyl Polymers, Aqueous Medium Ghana
- Paints and Varnishes Market
- Pigments Market
- Enamels and Glazes Market
- Paint and Varnish Market
- Oil and Water Paints and Varnishes Market
- Oil Paint and Varnish Market
- Prepared Drier Market
- Stamping Foil Market
- Glaziers Market