Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Ghana - 2022
Contents:
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Ghana (CIF) - 2022
- Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Ghana (FOB) - 2022
- Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Ghana
- Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Ghana
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Ghana (CIF) - 2022
In 2022, the average import price for vegetables; potatoes (other than seed), fresh or chilleds amounted to $398 per ton, picking up by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2021 an increase of 21% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($513 per ton), while the price for Burkina Faso ($75 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Morocco (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Ghana (FOB) - 2022
The average export price for vegetables; potatoes (other than seed), fresh or chilleds stood at $317 per ton in 2022, which is down by -6.9% against the previous year. In general, the export price, however, continues to indicate mild growth. The most prominent rate of growth was recorded in 2014 an increase of 156%. Over the period under review, the average export prices attained the maximum at $795 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
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 the United States ($408 per ton), while the average price for exports to Burkina Faso ($74 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 Luxembourg (+60.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Ghana
In 2022, supplies from abroad of vegetables; potatoes (other than seed), fresh or chilleds decreased by -17.7% to 4K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 35%. As a result, imports reached the peak of 5.4K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of vegetables; potatoes (other than seed), fresh or chilleds contracted slightly to $1.6M in 2022. The total import value increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 16% against the previous year.
| Import of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 103 | 433 | 641 | 604 | 80.3% |
| Egypt | 159 | 140 | 122 | 187 | 5.6% |
| South Africa | 44.1 | 26.9 | 75.4 | 58.1 | 9.6% |
| Belgium | 116 | 60.0 | 51.5 | 49.5 | -24.7% |
| China | 42.4 | 26.7 | 28.9 | 28.3 | -12.6% |
| Burkina Faso | 9.4 | 6.0 | 6.5 | 6.4 | -12.0% |
| Nigeria | N/A | 356 | N/A | N/A | 0% |
| Others | 836 | 470 | 740 | 655 | -7.8% |
| Total | 1,310 | 1,517 | 1,664 | 1,587 | 6.6% |
Top Suppliers of Vegetables; Potatoes (Other than Seed), Fresh or Chilled to Ghana in 2022:
- Netherlands (1495.3 tons)
- Egypt (412.5 tons)
- Belgium (166.0 tons)
- South Africa (152.1 tons)
- Burkina Faso (84.7 tons)
- China (55.1 tons)
Exports of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Ghana
In 2022, shipments abroad of vegetables; potatoes (other than seed), fresh or chilleds was finally on the rise to reach 53 tons after two years of decline. Over the period under review, exports, however, saw a sharp setback.
In value terms, exports of vegetables; potatoes (other than seed), fresh or chilleds soared to $17K in 2022. Overall, exports, however, showed a dramatic curtailment.
| Export of Vegetables; Potatoes (Other than Seed), Fresh or Chilled in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 87.9 | 33.7 | 3.9 | 15.2 | -44.3% |
| United Kingdom | 2.7 | 1.0 | 0.1 | 0.5 | -43.0% |
| Luxembourg | N/A | N/A | N/A | 0.4 | 0% |
| Togo | 4.2 | 0.9 | N/A | 0.4 | -54.3% |
| Philippines | N/A | 5.5 | N/A | N/A | 0% |
| Kuwait | N/A | 1.6 | N/A | N/A | 0% |
| Others | 5.4 | 1.4 | 0.1 | 0.4 | -58.0% |
| Total | 100 | 44.1 | 4.2 | 16.8 | -44.8% |
Top Export Markets for Vegetables; Potatoes (Other than Seed), Fresh or Chilled from Ghana in 2022:
- France (45.2 tons)
- Togo (4.2 tons)
- United Kingdom (1.4 tons)
- Luxembourg (1.1 tons)
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