Ghana - Prepared Mustard - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrepared Mustard Price in Ghana - 2022
Contents:
- Prepared Mustard Price in Ghana (CIF) - 2022
- Prepared Mustard Price in Ghana (FOB) - 2022
- Prepared Mustard Imports in Ghana
- Prepared Mustard Exports in Ghana
Prepared Mustard Price in Ghana (CIF) - 2022
In 2022, the average prepared mustard import price amounted to $1,183 per ton, remaining constant against the previous year. Overall, the import price showed a perceptible downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 59%. The import price peaked at $1,819 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 ($4,841 per ton), while the price for Brazil ($173 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Prepared Mustard Price in Ghana (FOB) - 2022
The average prepared mustard export price stood at $762 per ton in 2022, approximately reflecting the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 30%. The export price peaked at $997 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Niger ($2,691 per ton), while the average price for exports to Burkina Faso ($460 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 Niger (+35.0%), while the prices for the other major destinations experienced mixed trend patterns.
Prepared Mustard Imports in Ghana
In 2022, purchases abroad of prepared mustard decreased by -4.6% to 245 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 274% against the previous year.
In value terms, prepared mustard imports shrank slightly to $289K in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 369%.
| Import of Prepared Mustard in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.2 | 2.0 | 5.1 | 23.4 | 389.1% |
| United Kingdom | 0.3 | 7.7 | 8.4 | 7.2 | 188.4% |
| Lebanon | 0.2 | 1.5 | 2.2 | 6.5 | 219.1% |
| South Africa | 0.8 | 3.8 | 7.7 | 5.2 | 86.6% |
| Italy | 0.3 | 3.8 | 5.0 | 5.1 | 157.1% |
| United States | 0.9 | 2.7 | 5.2 | 4.5 | 71.0% |
| France | 3.4 | 67.8 | 22.2 | 4.2 | 7.3% |
| Netherlands | 1.0 | 2.4 | 3.6 | 3.2 | 47.4% |
| Brazil | 0.3 | 2.0 | 2.6 | 2.6 | 105.4% |
| United Arab Emirates | 1.1 | 4.7 | 2.7 | 1.5 | 10.9% |
| Nigeria | N/A | 21.9 | N/A | N/A | 0% |
| Others | 50.2 | 155 | 239 | 226 | 65.1% |
| Total | 58.6 | 275 | 304 | 289 | 70.2% |
Top Suppliers of Prepared Mustard to Ghana in 2022:
- Belgium (41.7 tons)
- Brazil (15.1 tons)
- Italy (3.9 tons)
- United States (3.6 tons)
- Lebanon (3.2 tons)
- South Africa (2.4 tons)
- France (2.3 tons)
- United Kingdom (1.5 tons)
- Netherlands (1.4 tons)
- United Arab Emirates (0.8 tons)
Prepared Mustard Exports in Ghana
In 2022, shipments abroad of prepared mustard decreased by -41.4% to 61 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 482% against the previous year. As a result, the exports reached the peak of 105 tons, and then declined sharply in the following year.
In value terms, prepared mustard exports dropped rapidly to $47K in 2022. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 498% against the previous year. As a result, the exports reached the peak of $80K, and then shrank sharply in the following year.
| Export of Prepared Mustard in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burkina Faso | 5.3 | 6.8 | 18.9 | 11.9 | 30.9% |
| United Kingdom | N/A | 3.8 | 52.8 | 7.5 | 40.5% |
| Togo | 1.6 | 2.5 | 8.3 | 2.2 | 11.2% |
| Others | 0.2 | 0.3 | 0.1 | 25.1 | 400.7% |
| Total | 7.1 | 13.4 | 80.0 | 46.7 | 87.4% |
Top Export Markets for Prepared Mustard from Ghana in 2022:
- Burkina Faso (25.9 tons)
- United Kingdom (12.7 tons)
- Togo (1.8 tons)
This report provides an in-depth analysis of the prepared mustard 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 10841253 - Mustard flour and meal
- Prodcom 10841255 - Prepared mustard
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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