Product Code: ETC274376 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Ghana Copper Scrap market currently, in 2023, has witnessed an HHI of 9934, Which has increased slightly as compared to the HHI of 9555 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Copper scrap is a valuable resource for recycling and reprocessing into new copper products, reducing the need for virgin materials and minimizing environmental impact. In Ghana, the copper scrap market supports metal recycling and manufacturing industries. With the growing emphasis on sustainable practices and resource conservation, the demand for copper scrap is increasing in Ghana. Scrap dealers and recycling companies in Ghana collect, process, and supply copper scrap to domestic and international markets, contributing to circular economy efforts and sustainable development goals.
The recycling and reuse of copper scrap as a valuable raw material in manufacturing processes are driving the growth of the copper scrap market in Ghana. Copper scrap recycling reduces the environmental impact of mining and processing copper ore, conserves natural resources, and supports sustainable development initiatives in the country.
In the copper scrap market in Ghana, challenges arise from fluctuating metal prices and export regulations affecting scrap recycling and trading activities. Additionally, environmental regulations and sustainability concerns may impact the collection and processing of copper scrap materials.
To support the copper scrap market, the government may implement policies aimed at promoting recycling and waste management initiatives to ensure a stable supply of scrap copper for domestic industries. These policies could include incentives for businesses and households to recycle copper-containing products, such as electrical wires, plumbing fixtures, and electronic devices, and establish regulations for the collection, sorting, and processing of copper scrap to ensure environmental sustainability and worker safety. Additionally, the government may prioritize measures to support the development of recycling infrastructure and technologies, promote research and innovation in recycling processes, and facilitate access to financing and technical assistance for recycling businesses.
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 Copper Scrap Market Overview |
3.1 Ghana Country Macro Economic Indicators |
3.2 Ghana Copper Scrap Market Revenues & Volume, 2021 & 2031F |
3.3 Ghana Copper Scrap Market - Industry Life Cycle |
3.4 Ghana Copper Scrap Market - Porter's Five Forces |
3.5 Ghana Copper Scrap Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ghana Copper Scrap Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for copper in various industries such as construction, electronics, and automotive sectors. |
4.2.2 Growing awareness and adoption of recycling practices in Ghana to reduce environmental impact. |
4.2.3 Government initiatives and regulations promoting sustainable waste management and recycling activities. |
4.3 Market Restraints |
4.3.1 Fluctuating global copper prices affecting the profitability of copper scrap recycling businesses. |
4.3.2 Limited infrastructure and technology for efficient collection, processing, and recycling of copper scrap in Ghana. |
4.3.3 Competition from cheaper alternatives and substitutes for copper in industrial applications. |
5 Ghana Copper Scrap Market Trends |
6 Ghana Copper Scrap Market, By Types |
6.1 Ghana Copper Scrap Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Ghana Copper Scrap Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Ghana Copper Scrap Market Revenues & Volume, By Wire Rod Mills, 2021-2031F |
6.1.4 Ghana Copper Scrap Market Revenues & Volume, By Brass Mills, 2021-2031F |
6.1.5 Ghana Copper Scrap Market Revenues & Volume, By Ingot Makers, 2021-2031F |
6.1.6 Ghana Copper Scrap Market Revenues & Volume, By Foundries and Other Industries, 2021-2031F |
7 Ghana Copper Scrap Market Import-Export Trade Statistics |
7.1 Ghana Copper Scrap Market Export to Major Countries |
7.2 Ghana Copper Scrap Market Imports from Major Countries |
8 Ghana Copper Scrap Market Key Performance Indicators |
8.1 Percentage increase in the amount of copper scrap collected/recycled annually. |
8.2 Average percentage of copper recovery in the recycling process. |
8.3 Number of partnerships and collaborations with industries and government bodies to promote copper scrap recycling. |
8.4 Percentage reduction in carbon emissions and energy consumption per unit of copper scrap recycled. |
8.5 Average percentage of recycled copper used in local manufacturing processes. |
9 Ghana Copper Scrap Market - Opportunity Assessment |
9.1 Ghana Copper Scrap Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ghana Copper Scrap Market - Competitive Landscape |
10.1 Ghana Copper Scrap Market Revenue Share, By Companies, 2024 |
10.2 Ghana Copper Scrap Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |