Ghana - Industrial Machinery For The Manufacture Or Preparation Of Confectionery, Cocoa Or Chocolate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingConfectionery-Making Industrial Machinery Price in Ghana - 2022
Contents:
- Confectionery-Making Industrial Machinery Price in Ghana (CIF) - 2022
- Confectionery-Making Industrial Machinery Price in Ghana (FOB) - 2022
- Confectionery-Making Industrial Machinery Imports in Ghana
- Confectionery-Making Industrial Machinery Exports in Ghana
Confectionery-Making Industrial Machinery Price in Ghana (CIF) - 2022
In 2022, the average confectionery-making industrial machinery import price amounted to $54,364 per unit, growing by 22% against the previous year. Over the period under review, the import price recorded a strong expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 82%. Over the period under review, average import prices attained the peak figure at $61,204 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($187,057 per unit), while the price for the UK ($54 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+69.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Confectionery-Making Industrial Machinery Price in Ghana (FOB) - 2022
The average confectionery-making industrial machinery export price stood at $3,908 per unit in 2022, surging by 2.6% against the previous year. Overall, the export price, however, faced a significant contraction. Over the period under review, the average export prices reached the peak figure at $55,872 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($3,689 per unit), while the average price for exports to Nigeria amounted to $219 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+17.0%).
Confectionery-Making Industrial Machinery Imports in Ghana
In 2022, approx. 196 units of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate were imported into Ghana; jumping by 20% compared with the previous year. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.8% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 80% against the previous year. As a result, imports attained the peak of 230 units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, confectionery-making industrial machinery imports soared to $11M in 2022. In general, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 82% against the previous year. As a result, imports reached the peak of $14M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Confectionery-Making Industrial Machinery in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 796 | 2,243 | 1,244 | 2,313 | 42.7% |
Turkey | 687 | 952 | 1,533 | 1,949 | 41.6% |
Denmark | 287 | 702 | 541 | 1,484 | 72.9% |
Spain | 252 | 1,104 | 593 | 1,043 | 60.6% |
Netherlands | 2,193 | 2,240 | 866 | 466 | -40.3% |
Switzerland | 48.0 | 487 | 224 | 274 | 78.7% |
India | 0.7 | 6.8 | 7.1 | 224 | 584.0% |
South Korea | N/A | 384 | N/A | N/A | 0% |
Others | 3,471 | 5,958 | 2,226 | 2,903 | -5.8% |
Total | 7,735 | 14,077 | 7,234 | 10,655 | 11.3% |
Top Suppliers of Confectionery-Making Industrial Machinery to Ghana in 2022:
- Spain (54.0 units)
- Switzerland (48.0 units)
- Turkey (44.0 units)
- Germany (19.0 units)
- India (14.0 units)
- Denmark (8.0 units)
- Netherlands (7.0 units)
Confectionery-Making Industrial Machinery Exports in Ghana
In 2022, the amount of industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate exported from Ghana stood at 1 units, approximately equating the previous year's figure. In general, exports recorded a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, confectionery-making industrial machinery exports rose to $3.9K in 2022. Overall, exports saw a noticeable slump. Over the period under review, the exports hit record highs at $4.2K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Confectionery-Making Industrial Machinery in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 2.1 | 4.0 | 3.8 | 3.7 | 20.8% |
Nigeria | N/A | N/A | N/A | 0.2 | 0% |
United States | N/A | N/A | N/A | N/A | 0% |
Others | 2.1 | N/A | N/A | N/A | 0% |
Total | 4.2 | 4.0 | 3.8 | 3.9 | -2.4% |
Top Export Markets for Confectionery-Making Industrial Machinery from Ghana in 2022:
- Nigeria (1.0 units)
- Netherlands (1.0 units)
This report provides an in-depth analysis of the confectionery-making industrial machinery 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 28931720 - Industrial machinery for the manufacture or preparation of confectionery, cocoa or chocolate
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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