Ghana - Machinery For The Preparation Or Manufacture Of Food Or Drink - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFood Manufacture Machinery Price in Ghana - 2023
Contents:
- Food Manufacture Machinery Price in Ghana (CIF) - 2022
- Food Manufacture Machinery Price in Ghana (FOB) - 2022
- Food Manufacture Machinery Imports in Ghana
- Food Manufacture Machinery Exports in Ghana
Food Manufacture Machinery Price in Ghana (CIF) - 2022
The average food manufacture machinery import price stood at $522 per unit in 2022, dropping by -85.6% against the previous year. Overall, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of 35%. Over the period under review, average import prices hit record highs at $5,464 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($12,010 per unit), while the price for South Africa ($299 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Food Manufacture Machinery Price in Ghana (FOB) - 2022
In 2022, the average food manufacture machinery export price amounted to $2,125 per unit, reducing by -47.7% against the previous year. Over the period under review, the export price recorded a sharp setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 29,885%. The export price peaked at $56,344 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($1,892 per unit), while the average price for exports to Belgium ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+60.9%), while the prices for the other major destinations experienced more modest paces of growth.
Food Manufacture Machinery Imports in Ghana
In 2022, the amount of machinery for the preparation or manufacture of food or drink imported into Ghana expanded to 3.8K units, rising by 4.4% compared with the previous year. Overall, imports continue to indicate a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, food manufacture machinery imports reduced markedly to $5.3M in 2022. In general, imports continue to indicate pronounced growth. Over the period under review, imports attained the maximum at $10M in 2021, and then contracted notably in the following year.
| Import of Food Manufacture Machinery in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,165 | N/A | 2,815 | 1,704 | -7.7% |
| India | 445 | N/A | 2,607 | 1,321 | 43.7% |
| Italy | 5.6 | N/A | 3,203 | 1,064 | 474.9% |
| South Africa | 0.7 | N/A | 20.7 | 415 | 740.1% |
| Spain | 0.1 | N/A | 41.5 | 259 | 1273.3% |
| Denmark | 0.1 | N/A | 366 | 143 | 1026.6% |
| Hong Kong SAR | 47.9 | N/A | 2.7 | 102 | 28.7% |
| Turkey | 1,536 | N/A | 271 | 9.7 | -81.5% |
| Poland | 16.1 | N/A | 256 | N/A | 298.8% |
| Others | 798 | N/A | 617 | 307 | -27.3% |
| Total | 5,016 | N/A | 10,199 | 5,326 | 2.0% |
Top Suppliers of Food Manufacture Machinery to Ghana in 2022:
- China (1690.0 units)
- South Africa (1387.0 units)
- Spain (142.0 units)
- Denmark (117.0 units)
- India (110.0 units)
- Italy (100.0 units)
- Hong Kong SAR (84.0 units)
- Turkey (11.0 units)
Food Manufacture Machinery Exports in Ghana
In 2022, shipments abroad of machinery for the preparation or manufacture of food or drink decreased by -13.3% to 13 units, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 100% against the previous year. As a result, the exports reached the peak of 40 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, food manufacture machinery exports fell notably to $4.3K in 2022. In general, exports recorded a sharp setback. The most prominent rate of growth was recorded in 2020 when exports increased by 159% against the previous year. As a result, the exports attained the peak of $118K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Food Manufacture Machinery in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 18.9 | 45.7 | 5.3 | 1.9 | -53.5% |
| Italy | 14.1 | 25.2 | 2.1 | 0.7 | -63.2% |
| Germany | 1.9 | 16.8 | 2.0 | 0.7 | -28.3% |
| Liberia | 6.0 | 14.6 | 1.7 | 0.6 | -53.6% |
| Cote d'Ivoire | 0.5 | 2.1 | 0.2 | 0.1 | -41.5% |
| Malawi | 1.2 | 2.8 | 0.3 | 0.1 | -56.3% |
| Gabon | N/A | N/A | N/A | 0.1 | 0% |
| Burkina Faso | 1.3 | 2.6 | 0.2 | N/A | -60.8% |
| Belgium | N/A | N/A | N/A | N/A | 0% |
| Togo | 0.6 | 1.0 | 0.1 | N/A | -59.2% |
| Mali | 0.3 | 0.8 | 0.1 | N/A | -42.3% |
| South Africa | 0.5 | 0.1 | N/A | N/A | -80.0% |
| Netherlands | N/A | 0.1 | N/A | N/A | 0% |
| Others | N/A | 5.9 | N/A | N/A | 0% |
| Total | 45.5 | 118 | 12.2 | 4.3 | -54.5% |
Top Export Markets for Food Manufacture Machinery from Ghana in 2022:
- Canada (1.0 units)
- Liberia (1.0 units)
- Netherlands (1.0 units)
- Italy (1.0 units)
- South Africa (1.0 units)
- Cote d'Ivoire (1.0 units)
- Malawi (1.0 units)
- Togo (1.0 units)
- Gabon (1.0 units)
- Mali (1.0 units)
- Belgium (1.0 units)
- Germany (1.0 units)
- Burkina Faso (1.0 units)
This report provides an in-depth analysis of the food manufacture machinery 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 28931770 - Machinery for the preparation or manufacture of food or drink, n .e.c.
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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