Ghana - Compressors For Refrigeration Equipment - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingRefrigerator Compressor Price in Ghana - 2022
Contents:
- Refrigerator Compressor Price in Ghana (CIF) - 2022
- Refrigerator Compressor Price in Ghana (FOB) - 2022
- Refrigerator Compressor Imports in Ghana
- Refrigerator Compressor Exports in Ghana
Refrigerator Compressor Price in Ghana (CIF) - 2022
The average refrigerator compressor import price stood at $220 per unit in 2022, with an increase of 21% against the previous year. Overall, the import price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 an increase of 66% against the previous year. The import price peaked at $421 per unit in 2013; however, from 2014 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 the UK ($1,023 per unit), while the price for Romania ($51 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+36.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Refrigerator Compressor Price in Ghana (FOB) - 2022
In 2022, the average refrigerator compressor export price amounted to $310 per unit, reducing by -28% against the previous year. Over the period under review, the export price showed a abrupt curtailment. The pace of growth was the most pronounced in 2014 when the average export price increased by 75% against the previous year. As a result, the export price reached the peak level of $1,467 per unit. From 2015 to 2022, the average export prices failed to regain momentum.
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 Angola ($2,291 per unit), while the average price for exports to Belgium ($1 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 Angola (+9.0%), while the prices for the other major destinations experienced mixed trend patterns.
Refrigerator Compressor Imports in Ghana
In 2022, purchases abroad of compressors for refrigeration equipment decreased by -28.2% to 7.3K units, falling for the second year in a row after two years of growth. Overall, imports, however, enjoyed a noticeable increase. The pace of growth appeared the most rapid in 2020 when imports increased by 87% against the previous year. As a result, imports attained the peak of 12K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, refrigerator compressor imports shrank to $1.6M in 2022. The total import value increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. As a result, imports reached the peak of $1.8M, and then shrank in the following year.
| Import of Refrigerator Compressor in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 116 | 154 | 142 | 460 | 58.3% |
| Netherlands | 53.5 | 71.5 | 119 | 298 | 77.3% |
| China | 98.6 | 468 | 603 | 220 | 30.7% |
| Poland | 26.9 | 4.7 | 74.6 | 105 | 57.5% |
| Turkey | 4.8 | 27.6 | 8.5 | 96.6 | 172.0% |
| South Africa | 93.5 | 102 | 65.4 | 76.1 | -6.6% |
| Germany | 42.4 | 62.3 | 60.0 | 38.6 | -3.1% |
| Greece | 28.3 | 28.4 | 32.9 | 28.6 | 0.4% |
| Romania | 35.8 | 5.1 | 14.3 | 17.2 | -21.7% |
| Others | 802 | 434 | 710 | 253 | -31.9% |
| Total | 1,302 | 1,357 | 1,829 | 1,593 | 7.0% |
Top Suppliers of Refrigerator Compressor to Ghana in 2022:
- China (3609.0 units)
- United Arab Emirates (1379.0 units)
- Netherlands (493.0 units)
- Turkey (457.0 units)
- Romania (336.0 units)
- Poland (315.0 units)
- South Africa (95.0 units)
- Greece (87.0 units)
- Germany (51.0 units)
Refrigerator Compressor Exports in Ghana
In 2022, approx. 17 units of compressors for refrigeration equipment were exported from Ghana; increasing by 13% compared with the year before. In general, exports, however, faced a sharp curtailment. The exports peaked at 54 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, refrigerator compressor exports declined notably to $5.3K in 2022. Over the period under review, exports, however, showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. Over the period under review, the exports attained the maximum at $62K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Refrigerator Compressor in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 24.3 | 2.3 | 3.1 | 2.3 | -54.4% |
| Mali | 14.5 | 1.3 | 1.8 | 1.3 | -55.2% |
| Norway | N/A | N/A | N/A | 0.4 | 0% |
| Denmark | 1.1 | 0.1 | 0.2 | 0.2 | -43.3% |
| Australia | 2.5 | 0.1 | 0.1 | 0.1 | -65.8% |
| Cote d'Ivoire | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Nigeria | 0.4 | N/A | 0.1 | 0.1 | -37.0% |
| Benin | N/A | N/A | N/A | N/A | 0% |
| Niger | 0.2 | N/A | N/A | N/A | 0% |
| Belgium | N/A | N/A | N/A | N/A | 0% |
| Guinea | 0.1 | N/A | N/A | N/A | 0% |
| Germany | 0.2 | N/A | N/A | N/A | 0% |
| Netherlands | 0.1 | N/A | N/A | N/A | 0% |
| Others | 18.0 | 0.1 | 1.0 | 0.7 | -66.1% |
| Total | 61.6 | 4.1 | 6.4 | 5.3 | -55.9% |
Top Export Markets for Refrigerator Compressor from Ghana in 2022:
- Australia (1.0 units)
- Angola (1.0 units)
- Denmark (1.0 units)
- Mali (1.0 units)
- Cote d'Ivoire (1.0 units)
- Netherlands (1.0 units)
- Germany (1.0 units)
- Guinea (1.0 units)
- Belgium (1.0 units)
- Nigeria (1.0 units)
- Norway (1.0 units)
- Niger (1.0 units)
- Benin (1.0 units)
This report provides an in-depth analysis of the refrigerator compressor 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 28132300 - Compressors for refrigeration equipment
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
- 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
-
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
-
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
-
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
-
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
-
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
-
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
338
This report provides an in-depth analysis of the refrigerator compressor market in Ghana.
313
This report provides an in-depth analysis of the market for turbo, rotary and reciporating displacement compressor in Ghana.
306
This report provides an in-depth analysis of the tow-behind air compressor market in Ghana.
209
This report provides an in-depth analysis of the hand-operated air pump market in Ghana.
121
This report provides an in-depth analysis of the non-household fan market in Ghana.
351
This report provides an in-depth analysis of the market for vacuum pump and air or gas compressor in Ghana.
266
This report provides an in-depth analysis of the vacuum pump market in Ghana.
174
This report provides an in-depth analysis of the hvac equipment market in Ghana.
704
This report provides an in-depth analysis of the global refrigerator compressor market.
1411
This report provides an in-depth analysis of the global market for turbo, rotary and reciporating displacement compressor.
244
Explore the world's best import markets for non-household fans with key statistics and analysis. Learn about the countries driving the demand for non-household fans and their import values.
653
In value terms, coal gas, water gas, producer gas and similar gases imports stood at $X in 2016. In general, coal gas, water gas, producer gas and similar gases imports continue to indicate a strong...
668
In value terms, coal gas, water gas, producer gas and similar gases exports stood at $X in 2016. In general, coal gas, water gas, producer gas and similar gases exports continue to indicate a promin...
1381
In 2016, the amount of pump imported worldwide totaled X tons, stabilizing at the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
1009
In 2016, the amount of pump imported worldwide totaled X tons, stabilizing at the previous year figure. The total import volume increased at an average annual rate of +X% over the period from X>
1436
Germany continued to dominate the global trade of air or vacuum pumps and air or other gas compressors. In 2014, Germany exported X million units of air or vacuum pumps and air or other gas compressors totaling X million USD, X% over the previous
248
Explore the top import markets for HVAC equipment, including the United States, Germany, Japan, France, and Italy. Discover key statistics and trends in the global HVAC industry.
244
Explore the world's best import markets for non-household fans with key statistics and analysis. Learn about the countries driving the demand for non-household fans and their import values.
653
In value terms, coal gas, water gas, producer gas and similar gases imports stood at $X in 2016. In general, coal gas, water gas, producer gas and similar gases imports continue to indicate a strong...
668
In value terms, coal gas, water gas, producer gas and similar gases exports stood at $X in 2016. In general, coal gas, water gas, producer gas and similar gases exports continue to indicate a promin...
