Ghana - Cow Peas (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCow Peas Price in Ghana - 2022
Contents:
- Cow Peas Price in Ghana (FOB) - 2022
- Cow Peas Price in Ghana (CIF) - 2022
- Cow Peas Exports in Ghana
- Cow Peas Imports in Ghana
Cow Peas Price in Ghana (FOB) - 2022
In 2022, the average cow peas export price amounted to $830 per ton, with an increase of 139% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 194%. Over the period under review, the average export prices reached the peak figure at $1,550 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($856 per ton), while the average price for exports to Belgium ($644 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 Belgium (+6.7%), while the prices for the other major destinations experienced a decline.
Cow Peas Price in Ghana (CIF) - 2022
In 2022, the average cow peas import price amounted to $950 per ton, falling by -19.4% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 94%. The import price peaked at $1,847 per ton in 2017; however, from 2018 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 Lebanon ($3,157 per ton), while the price for Niger ($468 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+26.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Cow Peas Exports in Ghana
In 2022, shipments abroad of cow peas (dry) decreased by -45.4% to 141 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 317% against the previous year.
In value terms, cow peas exports surged to $117K in 2022. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 140% against the previous year. As a result, the exports reached the peak of $145K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Cow Peas in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 55.3 | 99.1 | 21.1 | 88.1 | 16.8% |
| Canada | 0.7 | 2.2 | 0.3 | 15.0 | 177.8% |
| Belgium | N/A | 2.2 | 2.3 | 9.2 | 104.5% |
| Spain | N/A | 1.4 | 1.8 | N/A | 28.6% |
| United Kingdom | 4.2 | 37.7 | 63.7 | N/A | 289.4% |
| Others | 0.1 | 2.0 | 0.5 | 5.0 | 268.4% |
| Total | 60.4 | 145 | 89.9 | 117 | 24.7% |
Top Export Markets for Cow Peas from Ghana in 2022:
- United States (103.0 tons)
- Canada (22.3 tons)
- Belgium (14.2 tons)
Cow Peas Imports in Ghana
After two years of decline, purchases abroad of cow peas (dry) increased by 203% to 48 tons in 2022. In general, imports, however, recorded a sharp contraction.
In value terms, cow peas imports soared to $46K in 2022. Overall, imports, however, faced a precipitous decline.
| Import of Cow Peas in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | N/A | N/A | 6.9 | 39.4 | 471.0% |
| Niger | 49.1 | 12.0 | N/A | 2.7 | -62.0% |
| Lebanon | 67.3 | 47.8 | 1.9 | 1.3 | -73.2% |
| Cote d'Ivoire | N/A | 7.9 | 1.7 | 0.7 | -70.2% |
| India | 0.4 | 4.3 | 6.2 | 0.5 | 7.7% |
| Others | N/A | 0.4 | 1.9 | 0.9 | 50.0% |
| Total | 117 | 72.4 | 18.6 | 45.5 | -27.0% |
Top Suppliers of Cow Peas to Ghana in 2022:
- Nigeria (40.0 tons)
- Niger (5.7 tons)
- Cote d'Ivoire (1.1 tons)
- Lebanon (0.4 tons)
- India (0.3 tons)
This report provides an in-depth analysis of the cow peas 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:
- FCL 195 - Cow peas, dry
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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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