Key Market Indicators
Ghana's import of metal products saw a significant decline in 2018, dropping to approximately $52.9 million from around $62.3 million in 2017. This represents a 15% decrease from the previous year. The country's demand for metal products has been on a downward trend since 2001, decreasing by about 6% annually. On the export front, Ghana's metal products also experienced a downturn. In 2018, exports totaled roughly $3.4 million, down from nearly $3.8 million in 2017. This marks an 11% decline compared to the previous year. The supply of Ghanaian metal products has been falling steadily since 2001, with an annual decrease of approximately 26%.
