Ghana - Food Preparations For Infants - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBaby Food Price in Ghana - 2022
Contents:
- Baby Food Price in Ghana (FOB) - 2022
- Baby Food Price in Ghana (CIF) - 2022
- Baby Food Exports in Ghana
- Baby Food Imports in Ghana
Baby Food Price in Ghana (FOB) - 2022
The average baby food export price stood at $3,452 per ton in 2022, waning by -4.5% against the previous year. Over the period under review, the export price saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 9.5% against the previous year. Over the period under review, the average export prices attained the peak figure at $4,812 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
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 Congo ($5,239 per ton), while the average price for exports to Angola ($2,427 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 Angola (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.
Baby Food Price in Ghana (CIF) - 2022
The average baby food import price stood at $5,038 per ton in 2022, with an increase of 7.7% against the previous year. Overall, the import price, however, continues to indicate a slight decrease. The growth pace was the most rapid in 2021 when the average import price increased by 11% against the previous year. Over the period under review, average import prices hit record highs at $6,907 per ton in 2015; however, from 2016 to 2022, 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 Ireland ($47,105 per ton), while the price for Thailand ($237 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 (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Baby Food Exports in Ghana
After two years of decline, overseas shipments of food preparations for infants increased by 2.2% to 2.9K tons in 2022. Over the period under review, exports, however, continue to indicate a abrupt decline.
In value terms, baby food exports dropped modestly to $10M in 2022. Overall, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 5.1% against the previous year.
| Export of Baby Food in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Senegal | 1,780 | 1,559 | 1,621 | 1,946 | 3.0% |
| Sierra Leone | 1,405 | 1,126 | 1,283 | 1,309 | -2.3% |
| Cote d'Ivoire | 1,983 | 1,439 | 1,569 | 1,046 | -19.2% |
| Guinea | 1,317 | 988 | 1,054 | 1,006 | -8.6% |
| Cameroon | 1,279 | 971 | 1,023 | 909 | -10.8% |
| Congo | 545 | 707 | 878 | 781 | 12.7% |
| Gabon | 1,310 | 774 | 762 | 716 | -18.2% |
| Burkina Faso | 629 | 373 | 425 | 475 | -8.9% |
| Angola | 287 | 264 | 40.0 | 304 | 1.9% |
| Democratic Republic of the Congo | 322 | 258 | 294 | 299 | -2.4% |
| Liberia | 502 | 342 | 331 | 286 | -17.1% |
| Equatorial Guinea | 270 | 216 | 247 | 251 | -2.4% |
| Mali | 347 | 221 | 201 | 163 | -22.3% |
| Others | 1,035 | 549 | 559 | 544 | -19.3% |
| Total | 13,012 | 9,788 | 10,285 | 10,036 | -8.3% |
Top Export Markets for Baby Food from Ghana in 2022:
- Senegal (617.4 tons)
- Guinea (355.5 tons)
- Cote d'Ivoire (333.1 tons)
- Sierra Leone (292.1 tons)
- Cameroon (265.2 tons)
- Gabon (238.7 tons)
- Congo (149.1 tons)
- Burkina Faso (132.6 tons)
- Angola (125.4 tons)
- Democratic Republic of the Congo (79.3 tons)
- Mali (64.0 tons)
- Equatorial Guinea (63.6 tons)
- Liberia (59.6 tons)
Baby Food Imports in Ghana
In 2022, overseas purchases of food preparations for infants decreased by -28.5% to 908 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted prominent growth. The growth pace was the most rapid in 2021 when imports increased by 66%. As a result, imports reached the peak of 1.3K tons, and then declined rapidly in the following year.
In value terms, baby food imports declined markedly to $4.6M in 2022. Over the period under review, imports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2021 with an increase of 85% against the previous year. As a result, imports reached the peak of $5.9M, and then dropped significantly in the following year.
| Import of Baby Food in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 341 | 754 | 1,173 | 1,188 | 51.6% |
| Singapore | 607 | 1,071 | 1,688 | 1,160 | 24.1% |
| United Kingdom | 24.4 | 131 | 692 | 653 | 199.1% |
| Ireland | 165 | 174 | 557 | 453 | 40.0% |
| Malaysia | 160 | 280 | 521 | 325 | 26.6% |
| Philippines | 183 | 272 | 429 | 227 | 7.4% |
| Netherlands | 195 | 92.8 | 156 | 144 | -9.6% |
| Brazil | 34.7 | 25.6 | 76.8 | 97.1 | 40.9% |
| China | 9.5 | 14.8 | 24.3 | 13.4 | 12.1% |
| Thailand | 5.8 | 7.8 | 11.1 | 5.3 | -3.0% |
| Mexico | 1,161 | N/A | N/A | N/A | 0% |
| Others | 313 | 384 | 614 | 309 | -0.4% |
| Total | 3,199 | 3,207 | 5,943 | 4,575 | 12.7% |
Top Suppliers of Baby Food to Ghana in 2022:
- Malaysia (377.6 tons)
- South Africa (166.7 tons)
- United Kingdom (94.1 tons)
- Singapore (81.9 tons)
- Philippines (36.6 tons)
- China (31.4 tons)
- Brazil (23.7 tons)
- Thailand (22.5 tons)
- Netherlands (15.8 tons)
- Ireland (9.6 tons)
This report provides an in-depth analysis of the baby food market 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 10861070 - Food preparations for infants, p.r.s. (excluding homogenised composite food preparations)
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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