Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ghana - 2022
Contents:
- Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ghana (CIF) - 2022
- Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ghana (FOB) - 2022
- Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ghana
- Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ghana
Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ghana (CIF) - 2022
The average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $3,276 per ton in 2022, with a decrease of -12.1% against the previous year. Over the period under review, the import price, however, recorded a resilient expansion. The growth pace was the most rapid in 2014 an increase of 158%. Over the period under review, average import prices attained the peak figure at $4,064 per ton in 2020; however, from 2021 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 Canada ($17,256 per ton), while the price for Lebanon ($273 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+35.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ghana (FOB) - 2022
In 2022, the average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses amounted to $1,438 per ton, growing by 45% against the previous year. Over the period under review, the export price recorded a modest expansion. The export price peaked at $2,902 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($3,535 per ton), while the average price for exports to the UK ($662 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 Cote d'Ivoire (+191.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ghana
In 2022, the amount of cereal grains; rolled or flaked, of cereals excluding barley and oatses imported into Ghana reduced to 14 tons, almost unchanged from the previous year's figure. Overall, imports recorded a perceptible decrease.
In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses shrank to $45K in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 74% against the previous year. As a result, imports reached the peak of $59K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 19.8 | 36.2 | 34.3 | 30.8 | 15.9% |
| United States | 6.1 | 8.9 | 6.7 | 4.8 | -7.7% |
| Togo | 1.8 | 3.3 | 3.1 | 2.8 | 15.9% |
| Belgium | 0.7 | 2.5 | 2.3 | 2.1 | 44.2% |
| United Kingdom | 1.4 | 2.0 | 1.5 | 1.1 | -7.7% |
| Nigeria | 0.7 | 1.0 | 0.7 | 0.5 | -10.6% |
| India | 0.2 | 1.9 | 0.3 | 0.1 | -20.6% |
| Lebanon | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| Germany | 0.1 | 0.2 | 0.1 | 0.1 | 0.0% |
| Others | 2.8 | 2.6 | 2.1 | 2.5 | -3.7% |
| Total | 33.7 | 58.7 | 51.3 | 44.8 | 10.0% |
Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Ghana in 2022:
- United States (4.4 tons)
- Togo (2.2 tons)
- Canada (1.8 tons)
- United Kingdom (1.8 tons)
- Nigeria (1.4 tons)
- Belgium (0.5 tons)
- Lebanon (0.3 tons)
- Germany (0.3 tons)
- India (0.1 tons)
Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ghana
In 2022, the amount of cereal grains; rolled or flaked, of cereals excluding barley and oatses exported from Ghana reduced markedly to 8.1 tons, with a decrease of -85.3% on the previous year. Overall, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 358%. As a result, the exports reached the peak of 55 tons, and then declined markedly in the following year.
In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses shrank notably to $12K in 2022. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 225% against the previous year. As a result, the exports attained the peak of $54K, and then fell remarkably in the following year.
| Export of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 12.2 | 7.6 | 14.3 | 5.6 | -22.9% |
| United Kingdom | 0.1 | 0.3 | 0.9 | 2.4 | 188.4% |
| Sweden | 5.8 | 4.3 | 5.3 | 2.0 | -29.9% |
| Bosnia and Herzegovina | N/A | N/A | N/A | 0.9 | 0% |
| Kuwait | 0.5 | 0.4 | 0.6 | 0.5 | 0.0% |
| Cote d'Ivoire | N/A | 4.1 | 1.6 | N/A | -61.0% |
| Iceland | N/A | N/A | 31.5 | N/A | 0% |
| Others | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Total | 18.7 | 16.7 | 54.3 | 11.6 | -14.7% |
Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Ghana in 2022:
- United Kingdom (3.7 tons)
- United States (2.5 tons)
- Bosnia and Herzegovina (0.8 tons)
- Sweden (0.6 tons)
- Kuwait (0.4 tons)
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