Price for Animal Products; Bovine Semen in Ghana - 2022
Contents:
- Price for Animal Products; Bovine Semen in Ghana (CIF) - 2022
- Imports of Animal Products; Bovine Semen in Ghana
Price for Animal Products; Bovine Semen in Ghana (CIF) - 2022
The average animal products; bovine semen import price stood at $2.5 per unit in 2022, declining by -4.7% against the previous year. In general, the import price, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2014 an increase of 71%. Over the period under review, average import prices attained the peak figure at $2.6 per unit in 2021, and then declined modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($2.5 per unit), while the price for South Africa amounted to $1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.0%).
Imports of Animal Products; Bovine Semen in Ghana
In 2022, overseas purchases of animal products; bovine semens increased by 15% to 69 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt curtailment. Imports peaked at 88 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, animal products; bovine semen imports expanded markedly to $171 in 2022. In general, imports, however, continue to indicate a drastic downturn. Over the period under review, imports reached the maximum at $222 in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Animal Products; Bovine Semen in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 218 | 184 | 155 | 170 | -8.0% |
| South Africa | 4.0 | 2.0 | 1.0 | 1.0 | -37.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 222 | 186 | 156 | 171 | -8.3% |
Top Suppliers of Animal Products; Bovine Semen to Ghana in 2022:
- United Kingdom (68.0 units)
- South Africa (1.0 units)
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