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Ghana - Instruments Used In Medical Sciences - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMedical Instruments Price in Ghana - 2023
Contents:
- Medical Instruments Price in Ghana (CIF) - 2022
- Medical Instruments Price in Ghana (FOB) - 2022
- Medical Instruments Imports in Ghana
- Medical Instruments Exports in Ghana
Medical Instruments Price in Ghana (CIF) - 2022
The average medical instruments import price stood at $19,917 per ton in 2022, approximately mirroring the previous year. Overall, the import price saw a perceptible decline. The pace of growth was the most pronounced in 2016 when the average import price increased by 120%. As a result, import price reached the peak level of $38,535 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($121,035 per ton), while the price for Turkey ($6,703 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Medical Instruments Price in Ghana (FOB) - 2022
In 2022, the average medical instruments export price amounted to $45,811 per ton, stabilizing at the previous year. Over the period under review, the export price enjoyed buoyant growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 87,488%. As a result, the export price attained the peak level of $9,291 per kg. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mali ($301,049 per ton), while the average price for exports to Singapore ($62 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 Mali (+70.0%), while the prices for the other major destinations experienced more modest paces of growth.
Medical Instruments Imports in Ghana
In 2022, approx. 624 tons of instruments used in medical sciences were imported into Ghana; which is down by -10.3% on 2021. Overall, imports showed a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year.
In value terms, medical instruments imports fell to $12M in 2022. In general, imports saw a sharp descent. The pace of growth appeared the most rapid in 2021 with an increase of 26%.
Import of Medical Instruments in Ghana (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.1 | 1.0 | 9.9 | 3.0 | 39.7% |
Netherlands | 0.1 | 1.3 | 0.6 | 1.4 | 141.0% |
United States | 8.3 | 0.3 | 0.3 | 1.2 | -47.5% |
Denmark | 0.3 | 0.5 | 0.4 | 1.1 | 54.2% |
Germany | 2.6 | 1.1 | 0.6 | 0.9 | -29.8% |
India | 0.5 | 0.4 | 0.3 | 0.8 | 17.0% |
Belgium | 1.0 | 0.1 | 0.2 | 0.8 | -7.2% |
United Kingdom | 0.5 | 0.9 | 0.3 | 0.6 | 6.3% |
Canada | N/A | N/A | N/A | 0.1 | 0% |
Turkey | N/A | N/A | 0.1 | 0.1 | 0.0% |
Japan | 10.8 | 3.4 | N/A | 0.1 | -79.0% |
Others | 2.0 | 1.8 | 1.1 | 2.3 | 4.8% |
Total | 27.4 | 11.0 | 13.9 | 12.4 | -23.2% |
Top Suppliers of Medical Instruments to Ghana in 2022:
- China (330.1 tons)
- United States (73.2 tons)
- Denmark (28.1 tons)
- United Kingdom (27.8 tons)
- India (25.7 tons)
- Belgium (21.1 tons)
- Turkey (18.5 tons)
- Germany (14.8 tons)
- Canada (13.7 tons)
- Netherlands (11.7 tons)
- Japan (7.4 tons)
Medical Instruments Exports in Ghana
In 2022, overseas shipments of instruments used in medical sciences decreased by 0% to 2.2 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports recorded a abrupt decrease. The smallest decline of 99.9% was in 2020.
In value terms, medical instruments exports skyrocketed to $99K in 2022. Over the period under review, exports faced a deep contraction.
Export of Medical Instruments in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Madagascar | N/A | N/A | 3.1 | 8.9 | 187.1% |
Sudan | 0.2 | 0.3 | 0.8 | 7.7 | 237.7% |
Cote d'Ivoire | 1.0 | 3.4 | 4.9 | 6.6 | 87.6% |
Ethiopia | 5.5 | 3.0 | 3.1 | 2.0 | -28.6% |
Niger | 2.0 | 1.2 | 1.4 | 1.8 | -3.5% |
Burkina Faso | 18.8 | 5.0 | 2.5 | 1.4 | -57.9% |
Liberia | 3.1 | 1.3 | 1.0 | 1.1 | -29.2% |
Guinea | 0.4 | 0.3 | 0.4 | 0.8 | 26.0% |
Togo | 8.9 | 20.9 | 0.4 | 0.6 | -59.3% |
United States | 0.2 | N/A | N/A | 0.5 | 35.7% |
Gabon | 1.2 | 0.1 | N/A | 0.4 | -30.7% |
Benin | 0.1 | 0.1 | N/A | 0.2 | 26.0% |
Singapore | N/A | N/A | N/A | N/A | 0% |
Others | 116 | 82.4 | 61.4 | 66.4 | -17.0% |
Total | 157 | 118 | 78.9 | 98.5 | -14.4% |
Top Export Markets for Medical Instruments from Ghana in 2022:
- Liberia (514.0 kg)
- Sudan (425.0 kg)
- Niger (365.0 kg)
- Cote d'Ivoire (148.0 kg)
- Madagascar (129.0 kg)
- Ethiopia (105.0 kg)
- Singapore (90.0 kg)
- Guinea (81.0 kg)
- Gabon (45.0 kg)
- Benin (43.0 kg)
- United States (35.0 kg)
- Burkina Faso (10.0 kg)
- Togo (3.0 kg)
This report provides an in-depth analysis of the medical instruments 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 32501333 - Instruments and apparatus for measuring blood-pressure (including sphygmomanometers, tensiometers, oscillometers)
- Prodcom 32501335 - Endoscopes for medical purposes
- Prodcom 32501353 - Renal dialysis equipment
- Prodcom 32501355 - Diathermic apparatus (including ultrasonic)
- Prodcom 32501363 - Transfusion apparatus (excluding special blood storage glass bottles)
- Prodcom 32501365 - Anaesthetic apparatus and instruments
- Prodcom 32501370 - Instruments and appliances used in medical, surgical or veterinary sciences, n.e.s.
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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