Preserved Sauerkraut Price in Ghana - 2023
Contents:
- Preserved Sauerkraut Price in Ghana (CIF) - 2022
- Preserved Sauerkraut Price in Ghana (FOB) - 2022
- Preserved Sauerkraut Imports in Ghana
- Preserved Sauerkraut Exports in Ghana
Preserved Sauerkraut Price in Ghana (CIF) - 2022
In 2022, the average preserved sauerkraut import price amounted to $1,589 per ton, with a decrease of -6.2% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved sauerkraut import price increased by +50.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 33% against the previous year. Over the period under review, average import prices hit record highs at $1,914 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($6,033 per ton), while the price for Italy ($912 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Sauerkraut Price in Ghana (FOB) - 2022
In 2022, the average preserved sauerkraut export price amounted to $2,021 per ton, reducing by -11.4% against the previous year. In general, the export price, however, posted a tangible expansion. The most prominent rate of growth was recorded in 2020 an increase of 151%. The export price peaked at $2,280 per ton in 2021, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($3,228 per ton), while the average price for exports to Cote d'Ivoire ($1,325 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 (+118.1%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Sauerkraut Imports in Ghana
In 2022, the amount of preserved sauerkraut imported into Ghana skyrocketed to 304 tons, rising by 27% compared with the year before. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 264% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, preserved sauerkraut imports skyrocketed to $484K in 2022. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 382% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Preserved Sauerkraut in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lebanon | 36.8 | 170 | 219 | 181 | 70.1% |
| South Korea | 14.0 | 64.1 | 42.9 | 76.8 | 76.4% |
| China | 10.7 | 36.7 | 18.4 | 55.3 | 72.9% |
| Italy | 2.0 | 21.1 | 35.7 | 49.9 | 192.2% |
| South Africa | 3.6 | 14.0 | 14.2 | 14.6 | 59.5% |
| United Arab Emirates | 0.8 | 11.0 | N/A | 14.0 | 159.6% |
| United Kingdom | N/A | N/A | N/A | 7.6 | 0% |
| Turkey | N/A | 12.2 | 0.6 | 0.6 | -77.8% |
| Others | 12.1 | 57.2 | 75.6 | 84.0 | 90.8% |
| Total | 80.1 | 386 | 406 | 484 | 82.1% |
Top Suppliers of Preserved Sauerkraut to Ghana in 2022:
- Lebanon (113.0 tons)
- Italy (54.7 tons)
- China (27.9 tons)
- South Korea (12.7 tons)
- South Africa (9.7 tons)
- United Arab Emirates (8.6 tons)
- United Kingdom (5.1 tons)
- Turkey (0.4 tons)
Preserved Sauerkraut Exports in Ghana
In 2022, exports of preserved sauerkraut from Ghana rose notably to 161 tons, surging by 11% compared with the previous year. Overall, exports, however, faced a abrupt descent. The pace of growth appeared the most rapid in 2021 when exports increased by 73%.
In value terms, preserved sauerkraut exports reduced modestly to $326K in 2022. In general, exports saw a strong expansion. The pace of growth appeared the most rapid in 2021 with an increase of 81% against the previous year. As a result, the exports reached the peak of $332K, and then shrank modestly in the following year.
| Export of Preserved Sauerkraut in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 25.5 | 39.8 | 179 | 164.9% |
| United States | 91.9 | 97.7 | 179 | 100 | 2.9% |
| Belgium | 7.2 | 2.8 | 1.1 | 5.9 | -6.4% |
| Australia | 6.7 | 10.2 | 12.8 | 4.6 | -11.8% |
| Cote d'Ivoire | 1.1 | N/A | N/A | 3.9 | 52.5% |
| Canada | 9.0 | 26.1 | 30.3 | 3.8 | -25.0% |
| Mali | 44.6 | N/A | N/A | N/A | 0% |
| Others | 33.6 | 21.1 | 69.2 | 29.2 | -4.6% |
| Total | 194 | 183 | 332 | 326 | 18.9% |
Top Export Markets for Preserved Sauerkraut from Ghana in 2022:
- United Kingdom (103.9 tons)
- United States (42.6 tons)
- Cote d'Ivoire (2.9 tons)
- Australia (1.5 tons)
- Belgium (1.5 tons)
- Canada (1.2 tons)
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