Ghana - Gel Preparations For Human Or Veterinary Medicine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMedical Gel Preparations Price in Ghana - 2022
Contents:
- Medical Gel Preparations Price in Ghana (CIF) - 2022
- Medical Gel Preparations Price in Ghana (FOB) - 2022
- Medical Gel Preparations Imports in Ghana
- Medical Gel Preparations Exports in Ghana
Medical Gel Preparations Price in Ghana (CIF) - 2022
The average medical gel preparations import price stood at $3,578 per ton in 2022, with an increase of 11% against the previous year. Overall, the import price, however, continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 84%. Over the period under review, average import prices reached the peak figure at $4,579 per ton in 2012; however, from 2013 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 the UK ($10,208 per ton), while the price for China ($753 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Medical Gel Preparations Price in Ghana (FOB) - 2022
In 2022, the average medical gel preparations export price amounted to $16,338 per ton, picking up by 21% against the previous year. In general, the export price posted significant growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 212% against the previous year. Over the period under review, the average export prices reached the peak figure at $16,712 per ton in 2020; however, from 2021 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 Cote d'Ivoire ($22,926 per ton), while the average price for exports to the UK ($4,157 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 Nigeria (+115.8%), while the prices for the other major destinations experienced more modest paces of growth.
Medical Gel Preparations Imports in Ghana
In 2022, approx. 129 tons of gel preparations for human or veterinary medicine were imported into Ghana; dropping by -43.5% on 2021 figures. Over the period under review, imports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 118% against the previous year. As a result, imports attained the peak of 229 tons, and then contracted markedly in the following year.
In value terms, medical gel preparations imports declined dramatically to $462K in 2022. In general, imports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2021 with an increase of 300%. As a result, imports attained the peak of $739K, and then fell significantly in the following year.
| Import of Medical Gel Preparations in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 14.0 | 33.7 | 298 | 156 | 123.4% |
| Malaysia | 64.8 | 8.1 | 146 | 138 | 28.7% |
| Germany | 2.1 | 7.1 | 26.9 | 51.9 | 191.3% |
| India | 23.7 | 4.7 | 44.0 | 36.9 | 15.9% |
| China | 236 | 50.3 | 101 | 25.2 | -52.6% |
| Indonesia | 6.7 | 7.2 | 18.8 | 16.9 | 36.1% |
| Thailand | 7.6 | 61.9 | 75.1 | 11.2 | 13.8% |
| Turkey | 1.6 | 2.9 | 9.5 | 10.6 | 87.8% |
| Others | 8.8 | 8.9 | 19.3 | 15.8 | 21.5% |
| Total | 365 | 185 | 739 | 462 | 8.2% |
Top Suppliers of Medical Gel Preparations to Ghana in 2022:
- China (33.4 tons)
- Malaysia (22.7 tons)
- Germany (18.5 tons)
- United Kingdom (15.2 tons)
- Indonesia (12.0 tons)
- Turkey (7.5 tons)
- India (4.7 tons)
- Thailand (4.5 tons)
Medical Gel Preparations Exports in Ghana
In 2022, after two years of decline, there was growth in shipments abroad of gel preparations for human or veterinary medicine, when their volume increased by 2.3% to 619 kg. Overall, exports, however, recorded a dramatic contraction.
In value terms, medical gel preparations exports skyrocketed to $10K in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.5% 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 -16.2% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 57%. As a result, the exports reached the peak of $12K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Medical Gel Preparations in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 5.1 | 0.1 | 5.0 | 7.7 | 14.7% |
| South Africa | 1.8 | 0.3 | 1.0 | 1.5 | -5.9% |
| United Kingdom | 0.4 | 0.1 | 0.5 | 0.8 | 26.0% |
| Nigeria | N/A | 6.0 | N/A | N/A | 0% |
| Togo | N/A | 5.4 | N/A | N/A | 0% |
| Gambia | 0.2 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.1 | 1.6 | N/A | 182.8% |
| Total | 7.7 | 12.1 | 8.2 | 10.1 | 9.5% |
Top Export Markets for Medical Gel Preparations from Ghana in 2022:
- Cote d'Ivoire (337.0 kg)
- United Kingdom (204.0 kg)
- South Africa (74.0 kg)
This report provides an in-depth analysis of the medical gel preparations 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 32505020 - Gel preparations for use in human or veterinary medicine as a lubricant for surgical operations or physical examinations or as a coupling agent between the body and medical instruments
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
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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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