Ghana - Garden Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGarden Tool Price in Ghana - 2022
Contents:
- Garden Tool Price in Ghana (CIF) - 2022
- Garden Tool Price in Ghana (FOB) - 2022
- Garden Tool Imports in Ghana
- Garden Tool Exports in Ghana
Garden Tool Price in Ghana (CIF) - 2022
The average garden tool import price stood at $7,233 per ton in 2022, increasing by 19% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 31%. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($18,945 per ton), while the price for Colombia ($749 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Garden Tool Price in Ghana (FOB) - 2022
The average garden tool export price stood at $1,656 per ton in 2022, reducing by -37.1% against the previous year. Over the period under review, the export price recorded a abrupt slump. The pace of growth was the most pronounced in 2014 an increase of 69% against the previous year. The export price peaked at $6,668 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat 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 Uganda ($7,268 per ton), while the average price for exports to Togo ($182 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 Uganda (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.
Garden Tool Imports in Ghana
In 2022, approx. 43 tons of garden tools were imported into Ghana; waning by -52.3% against 2021. Over the period under review, imports recorded a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 58%.
In value terms, garden tool imports shrank markedly to $309K in 2022. In general, imports recorded a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 91%.
| Import of Garden Tool in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 309 | 121 | 256 | 74.4 | -37.8% |
| Cote d'Ivoire | 492 | 79.9 | 91.3 | 72.8 | -47.1% |
| United Kingdom | 4.5 | 17.9 | 3.4 | 59.9 | 137.0% |
| Malaysia | 33.0 | 10.7 | 106 | 19.8 | -15.7% |
| Brazil | 2.5 | 1.0 | 5.4 | 16.1 | 86.0% |
| Spain | 11.4 | 7.6 | 16.9 | 11.5 | 0.3% |
| Colombia | 23.6 | 5.1 | 7.9 | 8.4 | -29.1% |
| Others | 181 | 42.6 | 60.1 | 46.5 | -36.4% |
| Total | 1,056 | 285 | 546 | 309 | -33.6% |
Top Suppliers of Garden Tool to Ghana in 2022:
- Cote d'Ivoire (11.7 tons)
- Colombia (11.3 tons)
- United Kingdom (5.9 tons)
- China (5.8 tons)
- Spain (2.8 tons)
- Malaysia (1.0 tons)
- Brazil (0.9 tons)
Garden Tool Exports in Ghana
In 2022, overseas shipments of garden tools decreased by -90.8% to 5.6 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2020 with an increase of 26%. As a result, the exports reached the peak of 89 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, garden tool exports fell sharply to $9.3K in 2022. Overall, exports continue to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 17%. As a result, the exports attained the peak of $314K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Garden Tool in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 213 | 254 | 127 | 7.1 | -67.8% |
| Benin | 27.7 | 32.0 | 18.6 | 1.2 | -64.9% |
| Uganda | 18.0 | 20.0 | 11.2 | 0.7 | -66.1% |
| Others | 9.4 | 8.6 | 5.2 | 0.3 | -68.3% |
| Total | 268 | 314 | 162 | 9.3 | -67.4% |
Top Export Markets for Garden Tool from Ghana in 2022:
- Nigeria (2.9 tons)
- Benin (2.5 tons)
- Uganda (0.1 tons)
This report provides an in-depth analysis of the garden tool 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 25731055 - Forks and other hand tools (excluding clasp knives) for agriculture, horticulture or forestry
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
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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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