Ghana - Table Knives - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTable Knife Price in Ghana - 2022
Contents:
- Table Knife Price in Ghana (CIF) - 2022
- Table Knife Price in Ghana (FOB) - 2022
- Table Knife Imports in Ghana
- Table Knife Exports in Ghana
Table Knife Price in Ghana (CIF) - 2022
The average table knife import price stood at $2.9 per unit in 2022, with an increase of 24% against the previous year. Over the period under review, the import price saw a strong increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 69% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($7 per unit), while the price for the UK ($0.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Table Knife Price in Ghana (FOB) - 2022
In 2022, the average table knife export price amounted to $1.4 per unit, falling by -9.9% against the previous year. Overall, the export price showed a deep slump. The pace of growth appeared the most rapid in 2014 an increase of 7.1% against the previous year. As a result, the export price reached the peak level of $2.9 per unit. From 2015 to 2022, the average export prices remained at a lower figure.
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 Cote d'Ivoire ($6.6 per unit), while the average price for exports to Burkina Faso ($0.2 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 Cote d'Ivoire (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.
Table Knife Imports in Ghana
In 2022, the amount of table knives imported into Ghana fell notably to 58K units, waning by -36% against 2021 figures. Overall, imports faced a dramatic decline. The smallest decline of -11.1% was in 2021. Imports peaked at 195K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, table knife imports declined markedly to $171K in 2022. In general, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. Over the period under review, imports reached the peak figure at $247K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Table Knife in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 203 | 119 | 170 | 127 | -14.5% |
| Germany | 3.3 | 7.9 | 16.8 | 18.9 | 78.9% |
| Brazil | 11.3 | 6.1 | 7.6 | 8.3 | -9.8% |
| Hong Kong SAR | 5.1 | 2.8 | 3.6 | 4.0 | -7.8% |
| South Africa | 6.4 | 11.6 | 8.5 | 3.7 | -16.7% |
| United Kingdom | 1.4 | 0.7 | 0.9 | 1.0 | -10.6% |
| Others | 16.0 | 6.1 | 6.8 | 7.8 | -21.3% |
| Total | 247 | 155 | 215 | 171 | -11.5% |
Top Suppliers of Table Knife to Ghana in 2022:
- China (45.1K units)
- Hong Kong SAR (4.0K units)
- Germany (2.7K units)
- United Kingdom (1.8K units)
- Brazil (1.2K units)
- South Africa (0.6K units)
Table Knife Exports in Ghana
In 2022, the amount of table knives exported from Ghana totaled 2.2K units, growing by 12% on the year before. The total export volume increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, table knife exports reached $3.1K in 2022. Overall, exports, however, saw a mild downturn. The exports peaked at $3.2K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Table Knife in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Togo | 2.7 | 2.1 | 2.3 | 2.3 | -5.2% |
| Cote d'Ivoire | 0.1 | 0.5 | 0.5 | 0.4 | 58.7% |
| Burkina Faso | 0.4 | 0.3 | 0.3 | 0.3 | -9.1% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 3.2 | 3.0 | 3.0 | 3.1 | -1.1% |
Top Export Markets for Table Knife from Ghana in 2022:
- Burkina Faso (1695.0 units)
- Togo (441.0 units)
- Cote d'Ivoire (63.0 units)
This report provides an in-depth analysis of the table knife 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 25711120 - Table knives having fixed blades of base metal, including handles (excluding butter knives and fish knives)
- Prodcom 25711115 -
- Prodcom 25711130 -
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.
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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
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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
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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
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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
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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
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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
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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
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