Price for Wine; Still, in Containers Holding More than 2 Litres in Ghana - 2022

Contents:

  1. Price for Wine; Still, in Containers Holding More than 2 Litres in Ghana (FOB) - 2022
  2. Price for Wine; Still, in Containers Holding More than 2 Litres in Ghana (CIF) - 2022
  3. Exports of Wine; Still, in Containers Holding More than 2 Litres in Ghana
  4. Imports of Wine; Still, in Containers Holding More than 2 Litres in Ghana

Price for Wine; Still, in Containers Holding More than 2 Litres in Ghana (FOB) - 2022

The average export price for wine; still, in containers holding more than 2 litreses stood at $0.7 per litre in 2022, stabilizing at the previous year. Overall, the export price continues to indicate a slight decrease. The pace of growth appeared the most rapid in 2015 an increase of 128%. As a result, the export price reached the peak level of $3.4 per litre. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($1 per litre), while the average price for exports to Burkina Faso stood at $0.4 per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sierra Leone (+20.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wine; Still, in Containers Holding More than 2 Litres in Ghana (CIF) - 2022

In 2022, the average import price for wine; still, in containers holding more than 2 litreses amounted to $1.8 per litre, picking up by 39% against the previous year. Over the period under review, the import price recorded a buoyant expansion. The pace of growth appeared the most rapid in 2014 an increase of 168%. As a result, import price attained the peak level of $2.2 per litre. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +8.4% per year.

Exports of Wine; Still, in Containers Holding More than 2 Litres in Ghana

In 2022, approx. 951K litres of wine; still, in containers holding more than 2 litreses were exported from Ghana; jumping by 20% against the year before. In general, exports, however, faced a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 155%. Over the period under review, the exports of hit record highs at 1.3M litres in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of wine; still, in containers holding more than 2 litreses surged to $625K in 2022. Overall, exports, however, continue to indicate a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. Over the period under review, the exports of reached the maximum at $1.5M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Wine; Still, in Containers Holding More than 2 Litres in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire1,272117527441-29.7%
Burkina Faso2501.8N/A184-9.7%
NigeriaN/A304N/AN/A0%
Others15.1N/A1.10.2-76.3%
Total1,537423528625-25.9%

Top Export Markets for Wine; Still, in Containers Holding More than 2 Litres from Ghana in 2022:

  1. Burkina Faso (489.2K litres)
  2. Cote d'Ivoire (461.6K litres)

Imports of Wine; Still, in Containers Holding More than 2 Litres in Ghana

In 2022, approx. 70K litres of wine; still, in containers holding more than 2 litreses were imported into Ghana; reducing by -62.3% compared with the previous year's figure. In general, imports faced a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 64% against the previous year. Imports peaked at 333K litres in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of wine; still, in containers holding more than 2 litreses shrank dramatically to $128K in 2022. Overall, imports showed a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 6.1% against the previous year. Imports peaked at $275K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Wine; Still, in Containers Holding More than 2 Litres in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.6229243128497.5%
Spain109N/AN/AN/A0%
South Africa47.3N/AN/AN/A0%
Italy87.6N/AN/AN/A0%
Others31.3N/AN/AN/A0%
Total275229243128-22.5%

Top Suppliers of Wine; Still, in Containers Holding More than 2 Litres to Ghana in 2022:

  1. United Arab Emirates (70.1K litres)

Source: IndexBox Market Intelligence Platform

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