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Ghana - Avocados - Market Analysis, Forecast, Size, Trends and Insights
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Ghana: Avocado Market Overview 2021

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Avocado Market Size in Ghana

In 2019, after eight years of growth, there was significant decline in the Ghanian avocado market, when its value decreased by -X% to $X. In general, consumption saw a prominent expansion. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2018, and then contracted in the following year.

Avocado Production in Ghana

In value terms, avocado production contracted to $X in 2019 estimated in export prices. Overall, production enjoyed a remarkable increase. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Avocado production peaked at $X in 2018, and then declined in the following year.

In 2019, the average avocado yield in Ghana reached X tonnes per ha, standing approx. at 2018. Over the period under review, the yield, however, showed a relatively flat trend pattern. The avocado yield peaked at X tonnes per ha in 2007; however, from 2008 to 2019, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the avocado harvested area in Ghana stood at X ha, surging by X% compared with 2018. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2012 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to avocado production attained the maximum in 2019 and is likely to continue growth in the near future.

Avocado Exports

Exports from Ghana

In 2019, overseas shipments of avocados were finally on the rise to reach X tonnes for the first time since 2011, thus ending a seven-year declining trend. Over the period under review, exports, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, avocado exports reached $X in 2019. Overall, exports, however, saw a drastic downturn. The growth pace was the most rapid in 2011 when exports increased by X% against the previous year. As a result, exports attained the peak of $X. From 2012 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

The UK (X tonnes), Burkina Faso (X tonnes) and France (X tonnes) were the main destinations of avocado exports from Ghana, with a combined X% share of total exports. Belgium and Slovakia lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in Slovakia (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for avocado exported from Ghana were the UK ($X), Burkina Faso ($X) and France ($X), with a combined X% share of total exports. These countries were followed by Belgium and Slovakia, which together accounted for a further X (+X% per year) recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average avocado export price amounted to $X per tonne, which is down by -X% against the previous year. Over the period under review, the export price, however, recorded a strong increase. The pace of growth appeared the most rapid in 2017 an increase of X% year-to-year. As a result, export price attained the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was France ($X per tonne), while the average price for exports to Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso, while the prices for the other major destinations experienced more modest paces of growth.

Avocado Imports

Imports into Ghana

In 2019, after two years of growth, there was significant decline in overseas purchases of avocados, when their volume decreased by -X% to X kg. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Imports peaked at X tonnes in 2018, and then fell remarkably in the following year.

In value terms, avocado imports dropped markedly to $X in 2019. Overall, imports, however, saw a significant increase. The growth pace was the most rapid in 2017 when imports increased by X% y-o-y. Imports peaked at $X in 2018, and then shrank dramatically in the following year.

Imports by Country

In 2019, the Netherlands (X kg) was the main avocado supplier to Ghana, accounting for a approx. X% share of total imports.

From 2007 to 2019, the average annual growth rate of volume from the Netherlands stood at +X%.

In value terms, the Netherlands ($X) constituted the largest supplier of avocado to Ghana.

From 2007 to 2019, the average annual rate of growth in terms of value from the Netherlands totaled +X%.

Import Prices by Country

The average avocado import price stood at $X per tonne in 2019, approximately mirroring the previous year. In general, the import price showed a perceptible reduction. The growth pace was the most rapid in 2014 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2015 to 2019, the growth in terms of the average import prices failed to regain the momentum.

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

From 2007 to 2019, the rate of growth in terms of prices for the Netherlands amounted to -X% per year.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for avocados in the world?
+
The countries with the highest volumes of avocado consumption in 2019 were the U.S. (1.2M tonnes), Mexico (1.1M tonnes) and the Dominican Republic (640K tonnes), with a combined 43% share of global consumption.
What are the largest producers of avocados in the world?
+
The country with the largest volume of avocado production was Mexico (2.1M tonnes), comprising approx. 33% of total volume. Moreover, avocado production in Mexico exceeded the figures recorded by the second-largest producer, the Dominican Republic (659K tonnes), threefold. The third position in this ranking was occupied by Peru (499K tonnes), with a 7.7% share.
What are the leading suppliers of avocados to Ghana?
+
In value terms, the Netherlands ($1.4K) constituted the largest supplier of avocado to Ghana.
What are the leading importers of avocados from Ghana?
+
In value terms, the UK ($8.6K), Burkina Faso ($8.5K) and France ($8.2K) were the largest markets for avocado exported from Ghana worldwide, with a combined 88% share of total exports. Belgium and Slovakia lagged somewhat behind, together accounting for a further 10%.
What is the average export price for avocados in Ghana?
+
The average avocado export price stood at $2,026 per tonne in 2019, shrinking by -11.4% against the previous year.
What is the average import price for avocados in Ghana?
+
In 2019, the average avocado import price amounted to $1,707 per tonne, therefore, remained relatively stable against the previous year.

Product coverage:
• FCL 572 - Avocados

This report provides an in-depth analysis of the avocado 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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