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Ghana - Goods Vehicles, With Spark-Ignition Internal Combustion Piston Engine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPetroleum-Engine Cargo Trucks Price in Ghana - 2022
Contents:
- Petroleum-Engine Cargo Trucks Price in Ghana (CIF) - 2022
- Petroleum-Engine Cargo Trucks Price in Ghana (FOB) - 2022
- Petroleum-Engine Cargo Trucks Imports in Ghana
- Petroleum-Engine Cargo Trucks Exports in Ghana
Petroleum-Engine Cargo Trucks Price in Ghana (CIF) - 2022
The average petroleum-engine cargo trucks import price stood at $25,418 per unit in 2022, increasing by 11% against the previous year. Over the period under review, the import price showed a moderate increase. The pace of growth appeared the most rapid in 2020 an increase of 264% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +3.8% per year.
Petroleum-Engine Cargo Trucks Price in Ghana (FOB) - 2022
In 2022, the average petroleum-engine cargo trucks export price amounted to $11,934 per unit, shrinking by -6.4% against the previous year. Over the period under review, the export price recorded a pronounced setback. The most prominent rate of growth was recorded in 2021 an increase of 81%. The export price peaked at $19,178 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Togo ($12,833 per unit), while the average price for exports to Burkina Faso stood at $4,737 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (-0.7%), while the prices for the other major destinations experienced a decline.
Petroleum-Engine Cargo Trucks Imports in Ghana
For the third year in a row, Ghana recorded decline in purchases abroad of goods vehicles, with spark-ignition internal combustion piston engine, which decreased by -52.3% to 434 units in 2022. Over the period under review, imports showed a dramatic decrease. The smallest decline of -11.7% was in 2021. Over the period under review, imports attained the maximum at 9.2K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, petroleum-engine cargo trucks imports shrank notably to $11M in 2022. Overall, imports recorded a sharp reduction. The smallest decline of -4.8% was in 2021. Imports peaked at $54M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Petroleum-Engine Cargo Trucks in Ghana (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 4.3 | 21.9 | 20.8 | 11.0 | 36.8% |
South Korea | 3.1 | N/A | N/A | N/A | 0% |
China | 21.0 | N/A | N/A | N/A | 0% |
United States | 14.8 | N/A | N/A | N/A | 0% |
Others | 10.7 | N/A | N/A | N/A | 0% |
Total | 53.8 | 21.9 | 20.8 | 11.0 | -41.1% |
Top Suppliers of Petroleum-Engine Cargo Trucks to Ghana in 2022:
- United Arab Emirates (434.0 units)
Petroleum-Engine Cargo Trucks Exports in Ghana
In 2022, shipments abroad of goods vehicles, with spark-ignition internal combustion piston engine decreased by -10% to 9 units, falling for the second year in a row after two years of growth. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 8.3%. As a result, the exports reached the peak of 13 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, petroleum-engine cargo trucks exports contracted sharply to $107K in 2022. In general, exports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 40%. Over the period under review, the exports hit record highs at $129K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Petroleum-Engine Cargo Trucks in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Togo | 10.8 | 21.5 | 111 | 103 | 112.1% |
Burkina Faso | 1.1 | 69.8 | 1.2 | 4.7 | 62.3% |
Benin | N/A | N/A | 12.5 | N/A | 0% |
United States | 20.0 | N/A | N/A | N/A | 0% |
Cote d'Ivoire | 97.3 | N/A | 2.3 | N/A | -84.6% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 129 | 91.3 | 127 | 107 | -6.0% |
Top Export Markets for Petroleum-Engine Cargo Trucks from Ghana in 2022:
- Togo (8.0 units)
- Burkina Faso (1.0 units)
This report provides an in-depth analysis of the petroleum-engine cargo trucks 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 29104200 - Goods vehicles, with spark-ignition internal combustion piston engine, other goods vehicles, new
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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