Report Update: May 1, 2024

Ghana - Window Or Wall Air Conditioning Systems, Self-Contained Or Split-Systems - Market Analysis, Forecast, Size, Trends And Insights

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Price for Window, Wall, or Split Air Conditioning System in Ghana - 2022

Price for Window, Wall, or Split Air Conditioning System in Ghana (CIF) - 2022

In 2022, the average import price for window or wall air conditioning systems, self-contained or split-systems amounted to $176 per unit, reducing by -9.7% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 an increase of 19% against the previous year. The import price peaked at $369 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($230 per unit), while the price for China ($170 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-3.2%), while the prices for the other major suppliers experienced a decline.

Price for Window, Wall, or Split Air Conditioning System in Ghana (FOB) - 2022

The average export price for window or wall air conditioning systems, self-contained or split-systems stood at $350 per unit in 2022, with a decrease of -2.7% against the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for window or wall air conditioning systems, self-contained or split-systems increased by +73.1% against 2014 indices. The growth pace was the most rapid in 2016 when the average export price increased by 28%. Over the period under review, the average export prices attained the maximum at $360 per unit in 2021, and then dropped in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mali ($643 per unit), while the average price for exports to India ($52 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Gambia (+53.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Window, Wall, or Split Air Conditioning System in Ghana

In 2022, approx. 270K units of window or wall air conditioning systems, self-contained or split-systems were imported into Ghana; rising by 27% on the previous year. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 117%. As a result, imports reached the peak of 327K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of window or wall air conditioning systems, self-contained or split-systems stood at $47M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.7% 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 -11.5% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 79%. As a result, imports reached the peak of $54M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Window, Wall, or Split Air Conditioning System in Ghana (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	21.6	48.5	35.8	41.4	24.2%
United Arab Emirates	0.4	0.8	1.0	1.2	44.2%
Others	7.8	4.2	4.4	4.8	-14.9%
Total	29.8	53.5	41.3	47.4	16.7%

Top Suppliers of Window, Wall, or Split Air Conditioning System to Ghana in 2022:

China (243.0K units)
United Arab Emirates (5.2K units)

Exports of Window, Wall, or Split Air Conditioning System in Ghana

After three years of growth, shipments abroad of window or wall air conditioning systems, self-contained or split-systems decreased by -26.9% to 190 units in 2022. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 113% against the previous year. As a result, the exports reached the peak of 260 units, and then contracted remarkably in the following year.

In value terms, exports of window or wall air conditioning systems, self-contained or split-systems reduced notably to $67K in 2022. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 137% against the previous year. As a result, the exports reached the peak of $94K, and then dropped markedly in the following year.

Export of Window, Wall, or Split Air Conditioning System in Ghana (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Togo	6.4	8.2	41.8	31.3	69.7%
Gambia	1.9	3.8	8.2	6.1	47.5%
Cote d'Ivoire	N/A	1.0	4.9	5.0	123.6%
Burkina Faso	3.5	4.1	4.4	4.7	10.3%
Sierra Leone	2.7	4.2	7.4	4.4	17.7%
Cameroon	1.8	3.9	7.0	4.4	34.7%
Gabon	1.8	3.0	5.2	3.2	21.1%
Belgium	0.8	1.4	3.4	2.1	37.9%
Benin	0.4	4.6	3.5	0.3	-9.1%
Others	4.1	5.3	7.9	4.8	5.4%
Total	23.5	39.5	93.7	66.6	41.5%

Top Export Markets for Window, Wall, or Split Air Conditioning System from Ghana in 2022:

Togo (83.0 units)
Gambia (17.0 units)
Cote d'Ivoire (14.0 units)
Sierra Leone (14.0 units)
Cameroon (14.0 units)
Burkina Faso (13.0 units)
Gabon (9.0 units)
Belgium (9.0 units)
Benin (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for window, wall, or split air conditioning system 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 28251220 - Window or wall air conditioning systems, self-contained or split-systems

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023