Report Update Apr 1, 2024

Ghana - Apricots - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Apricot Market 2024

Apricot Market Size in Ghana

In 2022, after three years of decline, there was growth in the Ghanian apricot market, when its value increased by X% to $X. In general, consumption enjoyed a significant increase. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Apricot Production in Ghana

In value terms, apricot production expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production showed a resilient expansion. The pace of growth appeared the most rapid in 2019 with an increase of X%. Apricot production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

In 2022, the average yield of apricots in Ghana totaled less than X kg per ha, remaining constant against the year before. Over the period under review, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The apricot harvested area in Ghana amounted to less than X ha in 2022, approximately reflecting the previous year's figure. Overall, the harvested area showed a relatively flat trend pattern.

Apricot Exports

Exports from Ghana

In 2022, after nine years of decline, there was significant growth in overseas shipments of apricots, when their volume increased by X% to X kg. Over the period under review, exports, however, faced a sharp slump. The exports peaked at X kg in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, apricot exports fell to $X in 2022. In general, exports, however, faced a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Luxembourg (X kg) was the main destination for apricot exports from Ghana, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Luxembourg amounted to X%.

In value terms, Luxembourg ($X) also remains the key foreign market for apricots exports from Ghana.

From 2012 to 2022, the average annual rate of growth in terms of value to Luxembourg amounted to X%.

Export Prices by Country

In 2022, the average apricot export price amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price, however, saw resilient growth. The pace of growth was the most pronounced in 2021 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then plummeted in the following year.

As there is only one major export destination, the average price level is determined by prices for Luxembourg.

From 2012 to 2022, the rate of growth in terms of prices for Luxembourg amounted to X% per year.

Apricot Imports

Imports into Ghana

In 2022, purchases abroad of apricots was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports continue to indicate a significant increase. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, apricot imports expanded slightly to $X in 2022. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) was the main apricot supplier to Ghana, with a X% share of total imports. Moreover, apricot imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Turkey (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Belgium (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of apricots to Ghana, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average apricot import price amounted to $X per ton, stabilizing at the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for apricots in the world?

The countries with the highest volumes of consumption in 2023 were Turkey, Uzbekistan and Iran, with a combined 42% share of global consumption. Algeria, Italy, Russia, Pakistan, Afghanistan, Greece, France, Morocco, Ukraine and Spain lagged somewhat behind, together accounting for a further 32%.

What are the largest producers of apricots in the world?

The countries with the highest volumes of production in 2022 were Turkey, Uzbekistan and Iran, with a combined 45% share of global production. Italy, Algeria, Spain, Afghanistan, Greece, Pakistan, France, Morocco, Japan and Egypt lagged somewhat behind, together accounting for a further 33%.

What are the leading suppliers of apricots to Ghana?

In value terms, the Netherlands constituted the largest supplier of apricots to Ghana, comprising 95% of total imports. The second position in the ranking was taken by Turkey $540), with a 3.3% share of total imports.

What are the leading importers of apricots from Ghana?

In value terms, Luxembourg $17) remains the key foreign market for apricots exports from Ghana.

What is the average export price for apricots in Ghana?

In 2022, the average apricot export price amounted to $4,250 per ton, which is down by -32.9% against the previous year.

What is the average import price for apricots in Ghana?

In 2022, the average apricot import price amounted to $2,345 per ton, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the apricot 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:

FCL 526 - Apricots

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023