Ghana - Knives And Cutting Blades (For Machines Or For Mechanical Appliances) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Ghana - Knives And Cutting Blades (For Machines Or For Mechanical Appliances) - Market Analysis, Forecast, Size, Trends and Insights

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Cutting Blade Price in Ghana - 2022

Contents:

  1. Cutting Blade Price in Ghana (CIF) - 2022
  2. Cutting Blade Price in Ghana (FOB) - 2022
  3. Cutting Blade Imports in Ghana
  4. Cutting Blade Exports in Ghana

Cutting Blade Price in Ghana (CIF) - 2022

In 2022, the average cutting blade import price amounted to $15,586 per ton, waning by -3.7% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 51%. Over the period under review, average import prices attained the maximum at $16,184 per ton in 2021, and then reduced modestly in the following year.

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 Israel ($77,840 per ton), while the price for the UK ($4,420 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Cutting Blade Price in Ghana (FOB) - 2022

In 2022, the average cutting blade export price amounted to $33,429 per ton, waning by -6.9% against the previous year. In general, the export price, however, saw a resilient increase. The pace of growth was the most pronounced in 2016 when the average export price increased by 262% against the previous year. As a result, the export price reached the peak level of $122,467 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($55,973 per ton), while the average price for exports to Nigeria ($6,852 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 Tanzania (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.

Cutting Blade Imports in Ghana

In 2022, the amount of knives and cutting blades (for machines or for mechanical appliances) imported into Ghana shrank to 97 tons, which is down by -3% against 2021 figures. In general, imports faced a abrupt decline.

In value terms, cutting blade imports reduced to $1.5M in 2022. The total import value increased at an average annual rate of +10.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 25%.

Import of Cutting Blade in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23831530733311.8%
Germany2391743173149.5%
South Africa11481.64.81201.7%
United Arab Emirates3.85.48.058.8149.2%
India31.170.376.850.717.7%
United Kingdom16.118.948.422.311.5%
SloveniaN/A75.621.0N/A-72.2%
Others4736588286068.6%
Total1,1161,3981,6121,50510.5%

Top Suppliers of Cutting Blade to Ghana in 2022:

  1. China (44.6 tons)
  2. Germany (12.8 tons)
  3. South Africa (7.5 tons)
  4. United Kingdom (5.0 tons)
  5. India (4.6 tons)
  6. United Arab Emirates (1.5 tons)

Cutting Blade Exports in Ghana

In 2022, exports of knives and cutting blades (for machines or for mechanical appliances) from Ghana declined markedly to 455 kg, falling by -25.5% on 2021 figures. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 84%. As a result, the exports reached the peak of 611 kg, and then reduced sharply in the following year.

In value terms, cutting blade exports plummeted to $15K in 2022. In general, exports, however, recorded a tangible expansion. The most prominent rate of growth was recorded in 2021 with an increase of 158%. As a result, the exports attained the peak of $22K, and then plummeted in the following year.

Export of Cutting Blade in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'IvoireN/A2.514.912.3121.8%
TanzaniaN/AN/AN/A1.30%
NigeriaN/AN/AN/A0.90%
Burkina Faso0.5N/AN/AN/A0%
Gabon11.5N/AN/AN/A0%
TogoN/A5.25.3N/A1.9%
Others2.30.71.70.7-32.7%
Total14.48.521.915.21.8%

Top Export Markets for Cutting Blade from Ghana in 2022:

  1. Cote d'Ivoire (220.0 kg)
  2. Nigeria (128.0 kg)
  3. Tanzania (104.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cutting blade market 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 25736043 - Knives and cutting blades for machines or for mechanical appliances for working metal
  • Prodcom 25736045 - Knives and cutting blades for machines or for mechanical appliances for working wood
  • Prodcom 25736053 -
  • Prodcom 25736055 -
  • Prodcom 25736063 - Knives and cutting blades for agricultural, horticultural or forestry machines (excluding coulters for ploughs, discs for harrows)
  • Prodcom 25736065 - Knives and cutting blades, for machines or for mechanical appliances

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
Store
Blog
Event
The Largest Import Markets for Cutting Blades Around the World
May 6, 2024
Eye 78

Explore the top import markets for cutting blades in various countries, including China, the United States, and Germany. Find out the import values and key statistics for each market.

Which Country Imports the Most Knives and Cutting Blades in the World?
May 28, 2018
Eye 768

In 2016, approx. X tons of cutting blade were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...

Which Country Exports the Most Knives and Cutting Blades in the World?
May 28, 2018
Eye 789

In 2016, approx. X tons of cutting blade were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...

The Largest Import Markets for Cutting Blades Around the World
May 6, 2024
Eye 78

Explore the top import markets for cutting blades in various countries, including China, the United States, and Germany. Find out the import values and key statistics for each market.

Which Country Imports the Most Knives and Cutting Blades in the World?
May 28, 2018
Eye 768

In 2016, approx. X tons of cutting blade were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...

Which Country Exports the Most Knives and Cutting Blades in the World?
May 28, 2018
Eye 789

In 2016, approx. X tons of cutting blade were imported worldwide- increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007...

Free Data: Knives And Cutting Blades (For Machines Or For Mechanical Appliances) - Ghana