Ghana - Peanut Butter And Prepared Or Preserved Groundnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPeanut Butter Price in Ghana - 2022
Contents:
- Peanut Butter Price in Ghana (CIF) - 2022
- Peanut Butter Price in Ghana (FOB) - 2022
- Peanut Butter Imports in Ghana
- Peanut Butter Exports in Ghana
Peanut Butter Price in Ghana (CIF) - 2022
The average peanut butter import price stood at $1,611 per ton in 2022, stabilizing at the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 27%. Over the period under review, average import prices reached the maximum at $2,725 per ton in 2014; however, from 2015 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 the United States ($45,944 per ton), while the price for Niger ($1,305 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 (+30.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Peanut Butter Price in Ghana (FOB) - 2022
The average peanut butter export price stood at $963 per ton in 2022, with a decrease of -15.2% against the previous year. In general, the export price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 104%. Over the period under review, the average export prices attained the maximum at $2,821 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($1,235 per ton), while the average price for exports to South Africa ($67 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 Vietnam (+184.5%), while the prices for the other major destinations experienced more modest paces of growth.
Peanut Butter Imports in Ghana
In 2022, the amount of peanut butter and prepared or preserved groundnuts imported into Ghana dropped to 580 tons, which is down by -6.9% compared with the previous year. Overall, imports recorded a mild decline. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, imports attained the peak of 623 tons, and then dropped in the following year.
In value terms, peanut butter imports shrank to $935K in 2022. Over the period under review, imports showed a noticeable contraction. The growth pace was the most rapid in 2021 when imports increased by 15% against the previous year.
| Import of Peanut Butter in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | 381 | 448 | 571 | 564 | 14.0% |
| Burkina Faso | 196 | 200 | 221 | 189 | -1.2% |
| Others | 476 | 223 | 206 | 182 | -27.4% |
| Total | 1,054 | 871 | 998 | 935 | -3.9% |
Top Suppliers of Peanut Butter to Ghana in 2022:
- Niger (432.0 tons)
- Burkina Faso (136.8 tons)
Peanut Butter Exports in Ghana
In 2022, the amount of peanut butter and prepared or preserved groundnuts exported from Ghana rose modestly to 97 tons, picking up by 3.6% on 2021 figures. Overall, exports, however, continue to indicate a precipitous setback. The growth pace was the most rapid in 2021 with an increase of 5.2% against the previous year.
In value terms, peanut butter exports fell to $93K in 2022. In general, exports, however, showed a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 32%.
| Export of Peanut Butter in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 328 | 35.5 | 51.7 | 50.2 | -46.5% |
| Nigeria | 395 | 35.3 | 42.7 | 34.3 | -55.7% |
| Canada | 5.9 | 3.1 | 3.8 | 2.5 | -24.9% |
| Liberia | 25.9 | 2.2 | 2.6 | 2.0 | -57.4% |
| Benin | 7.3 | 0.8 | 1.2 | 1.1 | -46.8% |
| South Africa | 2.0 | 0.3 | 0.4 | 0.7 | -29.5% |
| Togo | 9.2 | 0.8 | 0.9 | 0.7 | -57.6% |
| United States | 15.4 | 1.2 | 1.2 | 0.4 | -70.4% |
| Others | 10.5 | 0.8 | 1.3 | 1.0 | -54.3% |
| Total | 799 | 80.1 | 106 | 93.0 | -51.2% |
Top Export Markets for Peanut Butter from Ghana in 2022:
- Angola (40.7 tons)
- Nigeria (29.2 tons)
- South Africa (10.5 tons)
- Liberia (8.8 tons)
- Canada (2.4 tons)
- Togo (2.2 tons)
- Benin (1.5 tons)
- United States (0.1 tons)
This report provides an in-depth analysis of the peanut butter 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 10392330 - Prepared or preserved groundnuts (including peanut butter, e xcluding by vinegar or acetic acid, frozen, purees and pastes)
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
882
This report provides an in-depth analysis of the peanut butter market in Ghana.
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This report provides an in-depth analysis of the global peanut butter market.
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This report provides an in-depth analysis of the global market for nuts (prepared or preserved).
4206
This report provides an in-depth analysis of the global canned pineapple market.
882
This report provides an in-depth analysis of the peanut butter market in Ghana.
405
This report provides an in-depth analysis of the market for nuts (prepared or preserved) in Ghana.
477
This report provides an in-depth analysis of the canned pineapple market in Ghana.
2982
This report provides an in-depth analysis of the global peanut butter market.
8782
In 2015, the countries with the highest levels of nut production were China (X thousand tons), Mexico (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
1997
Turkey is one of the leaders in the global nut trade. In 2014, Turkey exported X thousand tons of nuts totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total nut exports in
1161
Thailand dominates in the global trade of prepared or preserved pineapples. In 2014, Thailand exported X thousand tons of prepared or preserved pineapples totaling X million USD, which was X million USD less than the year before. Its primary trad
8782
In 2015, the countries with the highest levels of nut production were China (X thousand tons), Mexico (X thousand tons), Indonesia (X thousand tons), together accounting for X% of total output.
1997
Turkey is one of the leaders in the global nut trade. In 2014, Turkey exported X thousand tons of nuts totaling X million USD, X% over the previous year. Its primary trading partner was Italy, where it supplied X% of its total nut exports in
1161
Thailand dominates in the global trade of prepared or preserved pineapples. In 2014, Thailand exported X thousand tons of prepared or preserved pineapples totaling X million USD, which was X million USD less than the year before. Its primary trad
