Ghana - Data Storage Devices - Market Analysis, Forecast, Size, Trends and Insights
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View PricingData Storage Device Price in Ghana - 2022
Contents:
- Data Storage Device Price in Ghana (CIF) - 2022
- Data Storage Device Price in Ghana (FOB) - 2022
- Data Storage Device Imports in Ghana
- Data Storage Device Exports in Ghana
Data Storage Device Price in Ghana (CIF) - 2022
In 2022, the average data storage device import price amounted to $971 per unit, increasing by 11% against the previous year. Over the period under review, the import price saw prominent growth. The most prominent rate of growth was recorded in 2021 an increase of 74%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.
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 the United States ($3,852 per unit), while the price for Switzerland ($51 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+36.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Data Storage Device Price in Ghana (FOB) - 2022
In 2022, the average data storage device export price amounted to $66 per unit, reducing by -4.9% against the previous year. Overall, the export price continues to indicate a noticeable contraction. The growth pace was the most rapid in 2014 when the average export price increased by 93%. As a result, the export price attained the peak level of $213 per unit. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($288 per unit), while the average price for exports to Benin ($14 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+46.5%), while the prices for the other major destinations experienced more modest paces of growth.
Data Storage Device Imports in Ghana
In 2022, overseas purchases of data storage devices decreased by -41.1% to 34K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 85% against the previous year. As a result, imports attained the peak of 58K units, and then reduced sharply in the following year.
In value terms, data storage device imports shrank significantly to $33M in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 220%. As a result, imports attained the peak of $51M, and then plummeted in the following year.
| Import of Data Storage Device in Ghana (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | N/A | 9.7 | 40.0 | 29.0 | 72.9% |
| China | 0.3 | 2.1 | 1.5 | 1.1 | 54.2% |
| Ireland | N/A | 0.5 | 1.0 | 0.6 | 9.5% |
| United Arab Emirates | 0.3 | 1.3 | 5.5 | 0.3 | 0.0% |
| Switzerland | N/A | N/A | N/A | N/A | 0% |
| Democratic People's Republic of Korea | 2.0 | N/A | N/A | N/A | 0% |
| Others | 5.3 | 2.2 | 2.8 | 2.3 | -24.3% |
| Total | 7.9 | 15.9 | 50.8 | 33.4 | 61.7% |
Top Suppliers of Data Storage Device to Ghana in 2022:
- Nigeria (27.6K units)
- China (3.3K units)
- Ireland (0.9K units)
- Switzerland (0.5K units)
- United Arab Emirates (0.3K units)
Data Storage Device Exports in Ghana
After three years of growth, overseas shipments of data storage devices decreased by -46.5% to 24K units in 2022. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 7,927%. As a result, the exports reached the peak of 45K units, and then reduced notably in the following year.
In value terms, data storage device exports dropped markedly to $1.6M in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 5,722% against the previous year. As a result, the exports reached the peak of $3.1M, and then contracted notably in the following year.
| Export of Data Storage Device in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 0.5 | 8.7 | 12.0 | 273 | 717.3% |
| Spain | N/A | 4.8 | 11.2 | 219 | 575.5% |
| Netherlands | 0.3 | 6.3 | 10.2 | 201 | 775.0% |
| Nigeria | 0.4 | 0.6 | 4.3 | 152 | 624.3% |
| Germany | 0.2 | 1.3 | 3.2 | 139 | 785.8% |
| Belgium | 0.3 | 3.1 | 6.1 | 120 | 636.8% |
| Kenya | N/A | N/A | 0.4 | 57.7 | 14325.0% |
| United Kingdom | 0.1 | 2.0 | 2.3 | 42.7 | 653.0% |
| Singapore | 0.1 | N/A | 0.8 | 16.6 | 449.6% |
| Benin | N/A | 0.3 | 0.6 | 5.8 | 339.7% |
| Lesotho | N/A | N/A | 2,899 | N/A | 0% |
| Ethiopia | N/A | N/A | 148 | N/A | 0% |
| Others | 5.6 | 26.5 | 24.9 | 362 | 301.3% |
| Total | 7.5 | 53.6 | 3,123 | 1,588 | 496.0% |
Top Export Markets for Data Storage Device from Ghana in 2022:
- Spain (10.2K units)
- South Korea (3.9K units)
- Netherlands (3.1K units)
- Singapore (1.1K units)
- United Kingdom (1.0K units)
- Germany (0.8K units)
- Kenya (0.6K units)
- Nigeria (0.6K units)
- Belgium (0.4K units)
- Benin (0.4K units)
This report provides an in-depth analysis of the data storage device 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 26202100 - Storage units
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.
-
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
-
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
-
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
-
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
-
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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