Product Code: ETC038197 | Publication Date: Jan 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Ghana Coal Market could see a tapering of growth rates over 2025 to 2029. Starting high at 13.56% in 2025, the market steadily declines to 7.74% by 2029.
In the Africa region, the Coal market in Ghana is projected to expand at a growing growth rate of 9.69% by 2027. The largest economy is Egypt, followed by South Africa, Ethiopia, Algeria and Nigeria.
Coal remains a significant energy resource in Ghana, supporting power generation, industrial processes, and domestic heating needs. While the country`s coal reserves are relatively small compared to other energy sources, coal mining activities contribute to the local economy and provide employment opportunities. However, efforts to reduce greenhouse gas emissions and transition to cleaner energy sources are shaping the future of Ghana coal market, driving investments in renewable energy and energy efficiency initiatives.
In Ghana, the coal market is primarily driven by the country`s energy needs and industrial applications. Factors such as electricity generation, steel production, and cement manufacturing contribute to the demand for coal. Additionally, the growth of infrastructure projects and urbanization further fuel market demand as coal remains a significant source of energy in the country.
The coal market in Ghana encounters challenges such as limited domestic coal reserves and reliance on imported coal for power generation. Additionally, environmental regulations and renewable energy initiatives impact market demand and investment in coal-fired power plants.
As Ghana seeks to diversify its energy mix and reduce reliance on traditional fossil fuels, the government may implement policies aimed at managing the coal market. These policies may include initiatives to promote renewable energy sources, such as solar and wind power, while ensuring a gradual transition away from coal-based power generation. Additionally, the government may introduce measures to improve the environmental performance of existing coal-fired power plants, enforce emissions standards, and invest in cleaner coal technologies to minimize air pollution and mitigate the impacts of climate change.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ghana Coal Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Coal Market Revenues & Volume, 2021 & 2031F |
3.3 Ghana Coal Market - Industry Life Cycle |
3.4 Ghana Coal Market - Porter's Five Forces |
3.5 Ghana Coal Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Ghana Coal Market Revenues & Volume Share, By End-Users, 2021 & 2031F |
4 Ghana Coal Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Ghana Coal Market Trends |
6 Ghana Coal Market, By Types |
6.1 Ghana Coal Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Ghana Coal Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Ghana Coal Market Revenues & Volume, By Bituminous Coal, 2021-2031F |
6.1.4 Ghana Coal Market Revenues & Volume, By Sub-Bituminous Coal, 2021-2031F |
6.1.5 Ghana Coal Market Revenues & Volume, By Anthracite, 2021-2031F |
6.1.6 Ghana Coal Market Revenues & Volume, By Lignite, 2021-2031F |
6.2 Ghana Coal Market, By End-Users |
6.2.1 Overview and Analysis |
6.2.2 Ghana Coal Market Revenues & Volume, By Electricity, 2021-2031F |
6.2.3 Ghana Coal Market Revenues & Volume, By Steel, 2021-2031F |
6.2.4 Ghana Coal Market Revenues & Volume, By Cement, 2021-2031F |
6.2.5 Ghana Coal Market Revenues & Volume, By Others, 2021-2031F |
7 Ghana Coal Market Import-Export Trade Statistics |
7.1 Ghana Coal Market Export to Major Countries |
7.2 Ghana Coal Market Imports from Major Countries |
8 Ghana Coal Market Key Performance Indicators |
9 Ghana Coal Market - Opportunity Assessment |
9.1 Ghana Coal Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Ghana Coal Market Opportunity Assessment, By End-Users, 2021 & 2031F |
10 Ghana Coal Market - Competitive Landscape |
10.1 Ghana Coal Market Revenue Share, By Companies, 2024 |
10.2 Ghana Coal Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |