Ghana - Hand-Made Lace In The Piece, In Strips Or In Motifs - Market Analysis, Forecast, Size, Trends And Insights
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View PricingHand-Made Lace Price in Ghana - 2022
Contents:
- Hand-Made Lace Price in Ghana (FOB) - 2022
- Hand-Made Lace Price in Ghana (CIF) - 2022
- Hand-Made Lace Exports in Ghana
- Hand-Made Lace Imports in Ghana
Hand-Made Lace Price in Ghana (FOB) - 2022
In 2022, the average hand-made lace export price amounted to $6,656 per ton, reducing by -10.3% against the previous year. Over the period under review, the export price, however, saw buoyant growth. The growth pace was the most rapid in 2018 an increase of 69%. The export price peaked at $7,422 per ton in 2021, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($7,712 per ton), while the average price for exports to Burkina Faso totaled $1,762 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+5.5%).
Hand-Made Lace Price in Ghana (CIF) - 2022
The average hand-made lace import price stood at $7,493 per ton in 2022, with an increase of 6.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.5%. The growth pace was the most rapid in 2013 an increase of 37% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($18,317 per ton), while the price for France ($518 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Hand-Made Lace Exports in Ghana
In 2022, shipments abroad of hand-made lace in the piece, in strips or in motifs decreased by -5% to 29 tons, falling for the second consecutive year after two years of growth. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -16.5% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 88% against the previous year. As a result, the exports attained the peak of 35 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, hand-made lace exports contracted to $193K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 76% against the previous year.
| Export of Hand-Made Lace in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 83.2 | 151 | 216 | 181 | 29.6% |
| Burkina Faso | 6.6 | 8.1 | 9.6 | 9.5 | 12.9% |
| Others | 0.3 | 0.5 | 0.6 | 1.8 | 81.7% |
| Total | 90.2 | 159 | 226 | 193 | 28.9% |
Top Export Markets for Hand-Made Lace from Ghana in 2022:
- Cote d'Ivoire (23.5 tons)
- Burkina Faso (5.4 tons)
Hand-Made Lace Imports in Ghana
After two years of decline, supplies from abroad of hand-made lace in the piece, in strips or in motifs increased by 328% to 2 tons in 2022. In general, imports, however, faced a sharp slump.
In value terms, hand-made lace imports surged to $15K in 2022. Over the period under review, imports, however, faced a dramatic curtailment.
| Import of Hand-Made Lace in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 53.8 | 10.5 | 1.2 | 4.7 | -55.6% |
| Netherlands | 25.1 | 6.0 | 0.8 | 4.1 | -45.3% |
| Ethiopia | 16.9 | 4.2 | 0.6 | 3.0 | -43.8% |
| Austria | 17.4 | 3.7 | 0.4 | 2.0 | -51.4% |
| China | 4.6 | 0.9 | 0.1 | 0.4 | -55.7% |
| France | 0.5 | 0.1 | N/A | 0.1 | -41.5% |
| Belgium | 0.8 | 0.2 | N/A | 0.1 | -50.0% |
| Vietnam | 88.5 | N/A | N/A | N/A | 0% |
| Others | 11.5 | 1.4 | 0.2 | 0.8 | -58.9% |
| Total | 219 | 27.0 | 3.3 | 15.1 | -59.0% |
Top Suppliers of Hand-Made Lace to Ghana in 2022:
- United Arab Emirates (735.0 kg)
- Ethiopia (293.0 kg)
- Netherlands (224.0 kg)
- China (214.0 kg)
- France (137.0 kg)
- Belgium (119.0 kg)
- Austria (114.0 kg)
This report provides an in-depth analysis of the hand-made lace 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 13991170 - Hand-made lace in the piece, in strips or in motifs
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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