Ghana - Disc Harrows - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Ghana - Disc Harrows - Market Analysis, Forecast, Size, Trends And Insights

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Disc Harrow Price in Ghana - 2022

Contents:

  1. Disc Harrow Price in Ghana (CIF) - 2022
  2. Disc Harrow Price in Ghana (FOB) - 2022
  3. Disc Harrow Imports in Ghana
  4. Disc Harrow Exports in Ghana

Disc Harrow Price in Ghana (CIF) - 2022

The average disc harrow import price stood at $2,299 per unit in 2022, falling by -8.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2021 when the average import price increased by 66% against the previous year. Over the period under review, average import prices attained the maximum at $2,531 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Germany ($4,868 per unit), while the price for China ($1,058 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+92.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Disc Harrow Price in Ghana (FOB) - 2022

In 2022, the average disc harrow export price amounted to $1,068 per unit, leveling off at the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 128%. As a result, the export price attained the peak level of $3,424 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($1,114 per unit), while the average price for exports to Burkina Faso amounted to $992 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+65.8%), while the prices for the other major destinations experienced a decline.

Disc Harrow Imports in Ghana

Disc harrow imports into Ghana dropped significantly to 385 units in 2022, with a decrease of -36% on the year before. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 258% against the previous year. As a result, imports reached the peak of 602 units, and then fell notably in the following year.

In value terms, disc harrow imports reduced notably to $885K in 2022. Over the period under review, imports, however, enjoyed a perceptible expansion. The pace of growth was the most pronounced in 2021 with an increase of 494% against the previous year. As a result, imports reached the peak of $1.5M, and then fell remarkably in the following year.

Import of Disc Harrow in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India23.911459919099.6%
Brazil5529.5705159-34.0%
Germany27.623.736.012766.3%
China14055.546.476.2-18.4%
United Kingdom2.73.37.263.3186.2%
Italy3.94.38.560.9149.9%
Portugal22.216.020.359.839.1%
Turkey2.62.651.71.2-22.7%
Others35.825.741.714860.5%
Total8112551,5158853.0%

Top Suppliers of Disc Harrow to Ghana in 2022:

  1. China (72.0 units)
  2. India (67.0 units)
  3. United Kingdom (55.0 units)
  4. Brazil (50.0 units)
  5. Portugal (31.0 units)
  6. Germany (26.0 units)
  7. Italy (22.0 units)
  8. Turkey (1.0 units)

Disc Harrow Exports in Ghana

In 2022, after three years of growth, there was significant decline in shipments abroad of disc harrows, when their volume decreased by -38.5% to 8 units. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 550% against the previous year. As a result, the exports reached the peak of 13 units, and then fell remarkably in the following year.

In value terms, disc harrow exports fell markedly to $8.5K in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 345% against the previous year. As a result, the exports reached the peak of $14K, and then dropped notably in the following year.

Export of Disc Harrow in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'IvoireN/AN/AN/A5.60%
Burkina Faso0.33.12.83.0115.4%
Sierra LeoneN/AN/AN/AN/A0%
Denmark1.4N/AN/AN/A0%
South Africa0.1N/AN/AN/A0%
NetherlandsN/AN/A11.2N/A0%
OthersN/AN/AN/AN/A0%
Total1.93.114.08.564.8%

Top Export Markets for Disc Harrow from Ghana in 2022:

  1. Cote d'Ivoire (5.0 units)
  2. Burkina Faso (3.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the disc harrow 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 28303220 - Disc harrows

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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