Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Ghana - 2022

Contents:

  1. Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Ghana (CIF) - 2022
  2. Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Ghana

Price for Edible Products of Animal Origin; Not Elsewhere Specified or Included in Ghana (CIF) - 2022

The average import price for edible products of animal origin; not elsewhere specified or includeds stood at $3,019 per ton in 2022, with an increase of 20% against the previous year. Overall, the import price continues to indicate prominent growth. The pace of growth appeared the most rapid in 2018 an increase of 205%. As a result, import price attained the peak level of $8,267 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

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 the UK ($10,100 per ton), while the price for the United States ($2,658 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+26.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Ghana

In 2022, approx. 990 kg of edible products of animal origin; not elsewhere specified or includeds were imported into Ghana; jumping by 84% compared with 2021 figures. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 119%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of edible products of animal origin; not elsewhere specified or includeds soared to $3K in 2022. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 122% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Edible Products of Animal Origin; Not Elsewhere Specified or Included in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.057.04221,111935.7%
Spain5.0489850976480.1%
South Africa1.05.024.0438659.4%
India1.08.010.0356608.7%
Nigeria265N/AN/AN/A0%
Others2.047.042.0108278.0%
Total2756061,3482,989121.5%

Top Suppliers of Edible Products of Animal Origin; Not Elsewhere Specified or Included to Ghana in 2022:

  1. United States (418.0 kg)
  2. Spain (346.0 kg)
  3. South Africa (159.0 kg)
  4. India (55.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Edible products of animal origin; not elsewhere specified or included - Ghana