Ghana - Flaked or Rolled Cereals - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Flaked or Rolled Cereal in Ghana - 2022
Contents:
- Price for Flaked or Rolled Cereal in Ghana (FOB) - 2022
- Price for Flaked or Rolled Cereal in Ghana (CIF) - 2022
- Exports of Flaked or Rolled Cereal in Ghana
- Imports of Flaked or Rolled Cereal in Ghana
Price for Flaked or Rolled Cereal in Ghana (FOB) - 2022
The average flaked or rolled cereal export price stood at $898 per ton in 2022, approximately equating the previous year. In general, the export price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 55%. The export price peaked at $907 per ton in 2021, and then contracted slightly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,347 per ton), while the average price for exports to Togo ($447 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 Nigeria (+40.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Flaked or Rolled Cereal in Ghana (CIF) - 2022
In 2022, the average flaked or rolled cereal import price amounted to $885 per ton, reducing by -26.1% against the previous year. Overall, the import price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 66%. Over the period under review, average import prices attained the peak figure at $1,198 per ton in 2021, and then declined remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,547 per ton), while the price for Canada ($356 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+35.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Flaked or Rolled Cereal in Ghana
After three years of growth, shipments abroad of flaked or rolled cereals decreased by -24% to 348 tons in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 238% against the previous year.
In value terms, flaked or rolled cereal exports dropped sharply to $313K in 2022. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 374%.
Export of Flaked or Rolled Cereal in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Burkina Faso | N/A | N/A | 305 | 294 | -3.6% |
United States | 19.3 | 102 | 41.0 | 8.2 | -24.8% |
United Kingdom | 4.8 | 25.1 | 9.3 | 3.2 | -12.6% |
Togo | 4.6 | 27.8 | 9.9 | 2.5 | -18.4% |
Others | 15.6 | 55.4 | 50.8 | 4.3 | -34.9% |
Total | 44.2 | 210 | 416 | 313 | 92.0% |
Top Export Markets for Flaked or Rolled Cereal from Ghana in 2022:
- Burkina Faso (331.6 tons)
- United States (6.1 tons)
- Togo (5.5 tons)
- United Kingdom (2.3 tons)
Imports of Flaked or Rolled Cereal in Ghana
In 2022, overseas purchases of flaked or rolled cereals were finally on the rise to reach 306 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a dramatic slump.
In value terms, flaked or rolled cereal imports expanded significantly to $271K in 2022. Overall, imports, however, continue to indicate a significant curtailment.
Import of Flaked or Rolled Cereal in Ghana (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 0.7 | 0.2 | 0.2 | 0.2 | -34.1% |
Russia | 34.9 | N/A | N/A | N/A | 0% |
Belgium | 1.3 | N/A | N/A | N/A | 0% |
Sri Lanka | 0.3 | N/A | N/A | N/A | 0% |
Switzerland | 15.9 | N/A | N/A | N/A | 0% |
United States | 4.7 | N/A | N/A | N/A | 0% |
France | 4.5 | N/A | N/A | N/A | 0% |
Netherlands | 0.1 | N/A | N/A | N/A | 0% |
Canada | 53.5 | N/A | N/A | N/A | 0% |
Others | 2.3 | N/A | N/A | N/A | 0% |
Total | 118 | 0.3 | 0.3 | 0.3 | -86.4% |
Top Suppliers of Flaked or Rolled Cereal to Ghana in 2022:
- Germany (157.5 tons)
- Canada (73.6 tons)
- Belgium (26.8 tons)
- Netherlands (17.0 tons)
- Sri Lanka (8.9 tons)
- France (4.3 tons)
- United States (1.1 tons)
This report provides an in-depth analysis of the market for flaked or rolled cereal 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 10613333 - Rolled, flaked, hulled, pearled, sliced or kibbled cereal grains (excluding rice)
- Prodcom 10613335 - Germ of cereals, whole, rolled, flaked or ground (excluding rice)
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
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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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From 2007 to 2016, the global cereal grains market showed an upward trend, expanding by X%, to X tons in 2016. According to IndexBox estimates, over the last nine years the cereal grain market grew with a CAGR of +X%. Maize accounted for the h
With strong export numbers in 2014, Germany took the second spot in the global cereal grain trade. In 2014, Germany exported X thousand tons of cereal grains totaling X million USD, X% over the previous year. Its primary trading partner was the
From 2007 to 2016, the global cereal grains market showed an upward trend, expanding by X%, to X tons in 2016. According to IndexBox estimates, over the last nine years the cereal grain market grew with a CAGR of +X%. Maize accounted for the h
With strong export numbers in 2014, Germany took the second spot in the global cereal grain trade. In 2014, Germany exported X thousand tons of cereal grains totaling X million USD, X% over the previous year. Its primary trading partner was the