Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Ghana - 2022

Contents:

  1. Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Ghana (CIF) - 2022
  2. Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Ghana (FOB) - 2022
  3. Imports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Ghana
  4. Exports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Ghana

Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Ghana (CIF) - 2022

In 2022, the average import price for festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses amounted to $2.8 per unit, shrinking by -9% against the previous year. Over the period under review, the import price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2019 an increase of 86% against the previous year. The import price peaked at $3.1 per unit in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3.2 per unit), while the price for Mexico ($0.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Ghana (FOB) - 2022

The average export price for festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses stood at $1.8 per unit in 2022, increasing by 9.3% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +10.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses increased by +37.7% against 2018 indices. The pace of growth appeared the most rapid in 2013 an increase of 109%. Over the period under review, the average export prices attained the maximum at $1.8 per unit in 2015; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($4 per unit), while the average price for exports to the Netherlands ($0.6 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 Burkina Faso (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Ghana

In 2022, imports of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses into Ghana contracted significantly to 1.3M units, falling by -15.4% on the previous year's figure. Over the period under review, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. Imports peaked at 1.9M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses reduced sharply to $3.6M in 2022. Overall, imports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 85% against the previous year. As a result, imports reached the peak of $4.7M, and then fell significantly in the following year.

Import of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,8542,4114,4103,32521.5%
South Africa18919.520.918.0-54.3%
Mexico36.69.010.912.9-29.4%
United Arab Emirates0.50.25.711.1181.1%
United States37.28.49.410.2-35.0%
Others28867.8206212-9.7%
Total2,4062,5164,6623,58914.3%

Top Suppliers of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes to Ghana in 2022:

  1. China (1048.9K units)
  2. Mexico (70.7K units)
  3. United Arab Emirates (53.2K units)
  4. United States (17.3K units)
  5. South Africa (9.0K units)

Exports of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Ghana

In 2022, after three years of growth, there was significant decline in overseas shipments of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses, when their volume decreased by -44.4% to 11K units. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 335%. As a result, the exports attained the peak of 21K units, and then plummeted in the following year.

In value terms, exports of festive, carnival or other entertainment articles, including conjuring tricks and novelty jokeses dropped notably to $20K in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 367% against the previous year. As a result, the exports reached the peak of $33K, and then reduced sharply in the following year.

Export of Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Togo0.70.65.55.193.9%
Burkina Faso2.13.78.64.125.0%
Mali0.51.02.62.161.3%
Niger0.10.30.90.9108.0%
Senegal0.10.20.80.8100.0%
United States0.10.20.70.681.7%
Cote d'Ivoire1.0N/A10.6N/A225.6%
Others0.81.13.66.5101.0%
Total5.47.133.320.255.2%

Top Export Markets for Festive, Carnival or Other Entertainment Articles, Including Conjuring Tricks and Novelty Jokes from Ghana in 2022:

  1. Togo (3.8K units)
  2. Mali (2.8K units)
  3. Burkina Faso (2.1K units)
  4. Niger (1.0K units)
  5. Senegal (0.5K units)
  6. United States (0.4K units)

Source: IndexBox Market Intelligence Platform

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