GHACEM Cement is a superior construction material that revolutionizes the world of building projects. With its exceptional quality and unrivaled strength, GHACEM ensures the durability and stability of any structure. By choosing GHACEM, you contribute to the preservation of our planet’s resources and reduce your carbon footprint. Elevate your projects with the finest cement available in the market today. Choose excellence, choose GHACEM Cement, and experience the pinnacle of construction materials. But how much does a bag of cement cost in Ghana?
In this article, we will delve into the current state of cement prices in Ghana, the factors influencing these prices, and the key players in the Ghanaian cement industry.
Factors Influencing Cement Prices
Escalating price hikes of construction materials, particularly cement, partly contributed to a contraction in the construction sector. Several factors contribute to the fluctuating prices of cement in Ghana:
- Depreciation of the Cedi: As of June 2024, the price of a 42.5R bag of cement had climbed to about GH¢110, following an 18.6 percent depreciation of the cedi that month.
- Import Costs: Historically, marginal loss in value of the local tender often occasioned price hikes, with many manufacturers usually blaming the hike on a clinker import burden. Despite the regulatory measures, the continued reliance on imported clinker is keeping prices high, according to some industry experts. Ghana is Africa’s largest clinker importer.
- Port Tariffs: In March 2025, prices increased again by about GH¢9 per bag across retail outlets, following a slight hike in port tariffs on manufacturers.
- Regulatory Measures: Even though government has tried to regulate cement prices through the LI, there is little to show for the effort.
Even with the cedi appreciating by 40 percent since the beginning of the year - now trading at GH¢10.70 to the dollar - cement prices remain high, ranging from GH¢90 to GH¢120.
Current Market Prices
Market checks show that iron rods, for instance, have dropped from about GH¢9,600 at beginning of the year to between GH¢6,000 and GH¢7,000. For security doors, starting price dropped from GH¢1,750 to GH¢1,600 - taking GH¢150 off the price. Plumbing materials have also seen a sharp drop in price.
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As of June 2024:
- Dzata sold at GH¢108
- Cimaf at GH¢107
- Ghacem - the market leader - at GH¢110
Top Cement Companies in Ghana
Ghana is one of the largest producers of cement in Africa. Cement companies in Ghana produce more than 7.5 million tons of cement a year. Here are some of the top cement companies in Ghana:
- Ghacem - The Nation Builder: Ghana Cement, known as Ghacem, has remained the top favourite for Ghanaian builders since its inception in 1967. Ghacem is Ghana’s biggest cement manufacturer and supplies the market with good-quality cement at a reasonable price.
- Diamond Cement Ghana: Since its inception in 1991, this cement production company has been a key player in the cement market.
- Dangote Cement: Dangote Cement entered Ghana’s market in 2011 and quickly became a leading cement manufacturer.
- Dzata Cement: Dzata Cement is one of the new names in the construction industry in Ghana and is a 100% Ghanaian-owned cement company.
- Savanah Cement: Savannah Cement is a famous cement manufacturing company in Ghana, established in 2017 to serve the northern part of the country.
GHACEM Cement Types:
- Ghacem Extra: This is one of the types of cement Ghacem produces, and it comes with ultra-high strength and is recommended for heavy structural applications, which include heavy structural bridges and multi-story buildings.
- Ghacem Super Strong: It is highly preferred for the molding of concrete blocks and other forms of precast products.
- Ghacem Super Rapid: Generally, this Ghacem Super Rapid is for normal structural applications that include block Laying and general plastering requirements in buildings.
These cement brands in Ghana are not substandard, and you can trust them to bind individual structures of building materials and give you excellence in building.
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The Impact of Cement Prices on the Construction Industry
“It has made our business slow. Over the last three months we hardly got a call or a job. He noted that while iron rods have seen significant price reductions, cement remains costly - forcing many projects to be suspended. Cement consumption in Ghana rose sharply from 1.8 million tonnes in 2000 to about 3.2 million tonnes in 2011 and further to 6 million tonnes in 2024.
Dambaro added that rising prices of sand and stone have compounded the challenge, blaming what he described as profiteering in the sector. “We as Africans are always quick to increase prices, but we don’t want to decrease.
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Efforts to Regulate Cement Prices
After surviving tumultuous parliamentary scrutiny, the legislative instrument (LI 2480) was gazetted on November 23, 2023 to regulate cement manufacture and promote transparency in its wholesale and retail pricing. In November 2023, the Ghana standards authority shut down three cement factories sake of dem dey use inferior material for producing dis cement.
According to the CEO of the chamber Dr George Dawson-Ahmoah, dis proposal dey “undermine fairness, transparency and inclusive decision-making wey im dey fail to deal wit di real issues wey dey affect production like di depreciation of di cedi against di US dollar.”
Table of Top Cement Brands and Their Prices in Ghana
| Cement Brand | Approximate Price (GH¢) |
|---|---|
| Ghacem | 90 - 120 |
| Dzata | 108 |
| Cimaf | 107 |
| Dangote Cement | Varies |
| Diamond Cement | Varies |
| Savanah Cement | Varies |
Please note that the price of cement in Ghana is largely dependent on location. However, the wholesale price is the same across the fourteen regions of the country.
Technological Advancements in Cement Production
Ciments de l’Afrique (CIMAF) - producer of Supacem - announced a US$100million investment in Limestone Calcined Clay Cement (LC3) plant following Ghana Standards Authority’s adoption in 2024. The LC3 technology will cut clinker use by almost half. It uses 50 percent clinker, instead of the 95 percent composition in Portland cement. The remaining 45 percent will be replaced with 30 percent calcined clay and 15 percent limestone.
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This is why the price of cement in Ghana is further anticipated to go down in the last quarter of 2023. Though the cement industry continues to promise huge potential for growth going into 2024, the country boasts high-quality limestone deposits throughout the country.
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