Ghana - Lifting, Handling, Loading Or Unloading Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLoading Machinery Price in Ghana - 2022
Contents:
- Loading Machinery Price in Ghana (CIF) - 2022
- Loading Machinery Price in Ghana (FOB) - 2022
- Loading Machinery Imports in Ghana
- Loading Machinery Exports in Ghana
Loading Machinery Price in Ghana (CIF) - 2022
The average loading machinery import price stood at $3,064 per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the import price, however, faced a deep reduction. The pace of growth was the most pronounced in 2019 an increase of 10%. Over the period under review, average import prices attained the peak figure at $12,442 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,091 per unit), while the price for Belgium ($147 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Loading Machinery Price in Ghana (FOB) - 2022
The average loading machinery export price stood at $4,852 per unit in 2022, with an increase of 61% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decline. The export price peaked at $14,995 per unit in 2015; however, from 2016 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 the UK ($14,161 per unit), while the average price for exports to Tanzania ($1 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 Cote d'Ivoire (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.
Loading Machinery Imports in Ghana
After three years of growth, purchases abroad of lifting, handling, loading or unloading machinery decreased by -29.5% to 1.9K units in 2022. Overall, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 144%. As a result, imports attained the peak of 2.7K units, and then declined dramatically in the following year.
In value terms, loading machinery imports contracted notably to $5.9M in 2022. Over the period under review, imports recorded a slight decrease. The most prominent rate of growth was recorded in 2021 with an increase of 142%. As a result, imports attained the peak of $8.3M, and then shrank dramatically in the following year.
| Import of Loading Machinery in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 121 | 319 | 1,516 | 856 | 92.0% |
| Singapore | 886 | 814 | 1,173 | 746 | -5.6% |
| Germany | 85.3 | 26.2 | 76.5 | 512 | 81.7% |
| India | 293 | 116 | 205 | 253 | -4.8% |
| Malaysia | 707 | 350 | 15.9 | 242 | -30.0% |
| Czech Republic | 90.9 | 108 | 201 | 201 | 30.3% |
| United Kingdom | 196 | 182 | 102 | 119 | -15.3% |
| France | 119 | 11.2 | 76.1 | 91.3 | -8.5% |
| Poland | 202 | 130 | 153 | 72.1 | -29.1% |
| Netherlands | 172 | 28.1 | 160 | 59.1 | -30.0% |
| Angola | 65.3 | 58.7 | 82.6 | 51.4 | -7.7% |
| Thailand | 26.5 | 25.5 | 38.4 | 25.6 | -1.1% |
| Belgium | 744 | 21.3 | 61.4 | 13.9 | -73.5% |
| Others | 2,515 | 1,255 | 4,468 | 2,645 | 1.7% |
| Total | 6,222 | 3,444 | 8,329 | 5,886 | -1.8% |
Top Suppliers of Loading Machinery to Ghana in 2022:
- China (588.0 units)
- Singapore (291.0 units)
- India (169.0 units)
- Czech Republic (138.0 units)
- Thailand (96.0 units)
- Belgium (94.0 units)
- France (86.0 units)
- Germany (84.0 units)
- Netherlands (71.0 units)
- Angola (52.0 units)
- Poland (51.0 units)
- United Kingdom (51.0 units)
- Malaysia (50.0 units)
Loading Machinery Exports in Ghana
In 2022, after two years of decline, there was significant growth in overseas shipments of lifting, handling, loading or unloading machinery, when their volume increased by 30% to 60 units. In general, exports, however, recorded a abrupt decrease. Over the period under review, the exports attained the peak figure at 103 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, loading machinery exports soared to $291K in 2022. Overall, exports, however, showed a dramatic contraction. The exports peaked at $750K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Loading Machinery in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 390 | 36.3 | 97.3 | 70.8 | -43.4% |
| Angola | 76.9 | 6.3 | 14.8 | 9.4 | -50.4% |
| Canada | 36.7 | 3.0 | 6.9 | 4.3 | -51.1% |
| Cote d'Ivoire | 3.6 | 2.0 | 6.8 | 4.1 | 4.4% |
| Togo | 9.0 | 0.8 | 2.3 | 1.6 | -43.8% |
| Burkina Faso | 1.4 | N/A | 2.6 | 1.6 | 4.6% |
| Nigeria | 10.7 | 0.8 | 1.6 | 0.9 | -56.2% |
| Netherlands | 12.8 | 0.4 | 0.2 | 0.7 | -62.0% |
| South Africa | 3.1 | 0.3 | 0.9 | 0.5 | -45.6% |
| Italy | 0.9 | 0.1 | 0.1 | 0.1 | -51.9% |
| Benin | N/A | N/A | 4.6 | N/A | 0% |
| Tanzania | N/A | N/A | N/A | N/A | 0% |
| Others | 204 | 394 | 0.2 | 197 | -1.2% |
| Total | 750 | 444 | 138 | 291 | -27.1% |
Top Export Markets for Loading Machinery from Ghana in 2022:
- Togo (8.0 units)
- United Kingdom (5.0 units)
- Angola (5.0 units)
- Canada (1.0 units)
- Netherlands (1.0 units)
- Italy (1.0 units)
- South Africa (1.0 units)
- Tanzania (1.0 units)
- Cote d'Ivoire (1.0 units)
- Nigeria (1.0 units)
- Burkina Faso (1.0 units)
This report provides an in-depth analysis of the loading machinery 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 28221840 - Lifting, handling, loading or unloading machinery, n.e.s.
- Prodcom 28221850 - Loading machinery specially designed for agricultural use
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
-
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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