Ghana - Cards Incorporating An Electronic Integrated Circuit (Smart Card) - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSmart Card Price in Ghana - 2022
Contents:
- Smart Card Price in Ghana (CIF) - 2022
- Smart Card Price in Ghana (FOB) - 2022
- Smart Card Imports in Ghana
- Smart Card Exports in Ghana
Smart Card Price in Ghana (CIF) - 2022
In 2022, the average smart card import price amounted to $0.3 per unit, increasing by 16% against the previous year. In general, the import price, however, saw a abrupt slump. The pace of growth was the most pronounced in 2020 an increase of 46%. Over the period under review, average import prices reached the maximum at $0.9 per unit in 2012; however, from 2013 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 France ($1.6 per unit), while the price for China ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Smart Card Price in Ghana (FOB) - 2022
The average smart card export price stood at $15 per unit in 2022, falling by -37.3% against the previous year. Over the period under review, the export price continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 238% against the previous year. As a result, the export price reached the peak level of $41 per unit. From 2015 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Democratic Republic of the Congo ($16 per unit) and Cote d'Ivoire ($16 per unit), while the average price for exports to Malawi ($13 per unit) and Zimbabwe ($14 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malawi (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Smart Card Imports in Ghana
In 2022, approx. 17M units of cards incorporating an electronic integrated circuit (smart card) were imported into Ghana; waning by -16% against 2021 figures. Over the period under review, imports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 56%. Over the period under review, imports reached the maximum at 21M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, smart card imports dropped modestly to $5.5M in 2022. Overall, imports saw a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of 5.7% against the previous year. Over the period under review, imports reached the peak figure at $6M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Smart Card in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2,901 | 1,485 | 2,464 | 2,495 | -4.9% |
| China | 875 | 225 | 249 | 1,249 | 12.6% |
| Hungary | 698 | 693 | 1,010 | 1,095 | 16.2% |
| United Arab Emirates | 345 | 801 | 662 | 310 | -3.5% |
| Austria | 43.5 | 1,085 | 894 | 1.5 | -67.5% |
| Others | 1,150 | 1,073 | 388 | 365 | -31.8% |
| Total | 6,013 | 5,362 | 5,667 | 5,514 | -2.8% |
Top Suppliers of Smart Card to Ghana in 2022:
- India (9.5M units)
- China (5.5M units)
- Hungary (1.2M units)
- United Arab Emirates (0.2M units)
Smart Card Exports in Ghana
In 2022, overseas shipments of cards incorporating an electronic integrated circuit (smart card) increased by 74% to 25K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a precipitous slump. Over the period under review, the exports hit record highs at 50K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, smart card exports stood at $385K in 2022. Overall, exports, however, showed a abrupt slump. Over the period under review, the exports hit record highs at $483K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Smart Card in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burkina Faso | N/A | N/A | 123 | 158 | 28.5% |
| Togo | N/A | N/A | 117 | 50.8 | -56.6% |
| Zimbabwe | 479 | N/A | 25.1 | 44.5 | -54.7% |
| Central African Republic | N/A | N/A | N/A | 42.4 | 0% |
| Benin | N/A | N/A | 30.2 | 42.3 | 40.1% |
| Malawi | N/A | N/A | 6.9 | 19.4 | 181.2% |
| Cote d'Ivoire | N/A | N/A | N/A | 14.1 | 0% |
| Nigeria | 4.3 | 344 | N/A | N/A | 7900.0% |
| South Africa | 0.2 | 64.9 | N/A | N/A | 32350.0% |
| Others | 0.3 | 8.4 | 49.4 | 13.3 | 253.9% |
| Total | 483 | 418 | 352 | 385 | -7.3% |
Top Export Markets for Smart Card from Ghana in 2022:
- Burkina Faso (9.9K units)
- Togo (3.2K units)
- Zimbabwe (3.2K units)
- Central African Republic (2.7K units)
- Benin (2.7K units)
- Malawi (1.5K units)
- Cote d'Ivoire (0.9K units)
This report provides an in-depth analysis of the smart card 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 26123000 - Smart cards
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
291
This report provides an in-depth analysis of the smart card market in Ghana.
241
This report provides an in-depth analysis of the magnetic media market in Ghana.
218
This report provides an in-depth analysis of the magnetic card market in Ghana.
1226
This report provides an in-depth analysis of the global smart card market.
690
This report provides an in-depth analysis of the global magnetic media market.
586
This report provides an in-depth analysis of the global magnetic card market.
606
Global Data Storage Device Market Report 2018. This report provides an in-depth analysis of the global data storage device market.
384
Global Magnetic Disc Market Report 2018. This report provides an in-depth analysis of the global magnetic disc market.
291
This report provides an in-depth analysis of the smart card market in Ghana.
241
This report provides an in-depth analysis of the magnetic media market in Ghana.
1024
In 2016, the global smart card imports amounted to X tons, coming up by X% against the previous year figure. In general, smart card imports continue to indicate a abrupt slump. The most prominent...
771
In 2016, the global smart card imports amounted to X tons, coming up by X% against the previous year figure. In general, smart card imports continue to indicate a abrupt slump. The most prominent...
1036
With a huge surge in exports in 2014, China continued its dominance in the global cards incorporating an electronic integrated circuit trade. In 2014, China exported X thousand tons of cards incorporating an electronic integrated circuit totaling X
145
Discover the top import markets for magnetic media, including Thailand, China, and the Philippines. Explore key statistics and numbers for these markets.
1024
In 2016, the global smart card imports amounted to X tons, coming up by X% against the previous year figure. In general, smart card imports continue to indicate a abrupt slump. The most prominent...
771
In 2016, the global smart card imports amounted to X tons, coming up by X% against the previous year figure. In general, smart card imports continue to indicate a abrupt slump. The most prominent...
1036
With a huge surge in exports in 2014, China continued its dominance in the global cards incorporating an electronic integrated circuit trade. In 2014, China exported X thousand tons of cards incorporating an electronic integrated circuit totaling X
145
Discover the top import markets for magnetic media, including Thailand, China, and the Philippines. Explore key statistics and numbers for these markets.
