Ghana - Maize (Corn) Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMaize Starch Price in Ghana - 2022
Contents:
- Maize Starch Price in Ghana (CIF) - 2022
- Maize Starch Price in Ghana (FOB) - 2022
- Maize Starch Imports in Ghana
- Maize Starch Exports in Ghana
Maize Starch Price in Ghana (CIF) - 2022
The average maize starch import price stood at $639 per ton in 2022, rising by 17% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, maize starch import price increased by +77.8% against 2017 indices. The growth pace was the most rapid in 2021 an increase of 31%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($1,302 per ton), while the price for France ($285 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+21.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Maize Starch Price in Ghana (FOB) - 2022
The average maize starch export price stood at $1,035 per ton in 2022, picking up by 25% against the previous year. Overall, the export price showed a pronounced increase. The most prominent rate of growth was recorded in 2020 an increase of 95% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($2,500 per ton), while the average price for exports to Ireland ($119 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 Italy (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.
Maize Starch Imports in Ghana
For the fourth consecutive year, Ghana recorded growth in purchases abroad of maize (corn) starch, which increased by 16% to 5K tons in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, maize starch imports soared to $3.2M in 2022. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 57%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
Import of Maize Starch in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 367 | 620 | 755 | 1,614 | 63.8% |
India | 211 | 349 | 361 | 491 | 32.5% |
China | 118 | 92.1 | 162 | 246 | 27.7% |
Israel | 34.0 | 60.4 | 83.7 | 245 | 93.2% |
Belgium | 245 | 28.0 | 17.1 | 113 | -22.7% |
Egypt | 23.7 | 39.7 | 113 | 99.2 | 61.2% |
France | 64.2 | 72.5 | 63.9 | 75.7 | 5.6% |
Russia | N/A | N/A | 391 | N/A | 0% |
Others | 256 | 235 | 398 | 307 | 6.2% |
Total | 1,319 | 1,497 | 2,344 | 3,191 | 34.2% |
Top Suppliers of Maize Starch to Ghana in 2022:
- Turkey (2565.4 tons)
- India (898.8 tons)
- China (502.3 tons)
- France (265.4 tons)
- Israel (188.5 tons)
- Egypt (129.2 tons)
- Belgium (99.4 tons)
Maize Starch Exports in Ghana
In 2022, the amount of maize (corn) starch exported from Ghana skyrocketed to 89 tons, increasing by 129% compared with 2021 figures. Over the period under review, exports recorded a resilient increase.
In value terms, maize starch exports skyrocketed to $92K in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 267%. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Maize Starch in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 0.5 | 6.5 | 6.3 | 24.7 | 266.9% |
Israel | N/A | N/A | N/A | 19.7 | 0% |
Qatar | 1.1 | 3.3 | 1.9 | 9.6 | 105.9% |
Germany | 1.6 | 3.9 | 1.9 | 7.7 | 68.8% |
Belgium | 1.4 | 30.3 | 13.2 | 7.1 | 71.8% |
United Kingdom | 10.6 | 14.4 | 3.8 | 4.2 | -26.6% |
Canada | 0.1 | 0.1 | 0.4 | 3.3 | 220.8% |
Sweden | N/A | N/A | N/A | 2.6 | 0% |
Japan | 0.2 | 0.6 | 0.4 | 2.2 | 122.4% |
Ireland | 0.4 | 0.9 | 0.5 | 1.9 | 68.1% |
Others | 2.1 | 5.4 | 3.9 | 9.1 | 63.0% |
Total | 17.9 | 65.4 | 32.2 | 92.1 | 72.6% |
Top Export Markets for Maize Starch from Ghana in 2022:
- Ireland (16.2 tons)
- United States (13.0 tons)
- Germany (12.1 tons)
- Israel (8.5 tons)
- United Kingdom (7.3 tons)
- Sweden (7.3 tons)
- Japan (6.5 tons)
- Canada (4.5 tons)
- Qatar (4.5 tons)
- Belgium (4.0 tons)
This report provides an in-depth analysis of the maize starch 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 10621113 - Maize (corn) starch
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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In value terms, residues of starch manufacture imports amounted to $X in 2016. Overall, residues of starch manufacture imports continue to indicate a strong increase. Global residues of starch manu...
In value terms, residues of starch manufacture exports amounted to $X in 2016. In general, residues of starch manufacture exports continue to indicate a prominent expansion. Over the period under r...
Explore the top import markets for starch (excluding wheat, corn, or potato) with key statistics and import values. Discover the major players in the global starch trade.
In value terms, residues of starch manufacture imports amounted to $X in 2016. Overall, residues of starch manufacture imports continue to indicate a strong increase. Global residues of starch manu...
In value terms, residues of starch manufacture exports amounted to $X in 2016. In general, residues of starch manufacture exports continue to indicate a prominent expansion. Over the period under r...
Explore the top import markets for starch (excluding wheat, corn, or potato) with key statistics and import values. Discover the major players in the global starch trade.