Report Update Apr 1, 2024

Ghana - Fresh or Chilled Anchovies - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Market for Fresh Or Chilled Anchovies 2024

Market Size for Fresh Or Chilled Anchovies in Ghana

The Ghanian fresh or chilled anchovies market declined modestly to $X in 2022, standing approx. at the previous year. Overall, consumption, however, recorded a slight curtailment. Fresh or chilled anchovies consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Fresh Or Chilled Anchovies in Ghana

In value terms, fresh or chilled anchovies production declined to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Exports of Fresh Or Chilled Anchovies

Exports from Ghana

In 2020, approx. X tons of fresh or chilled anchovieses were exported from Ghana; approximately reflecting the previous year's figure. Overall, exports showed a significant increase. The smallest decline of X% was in 2014. The exports peaked in 2020 and are likely to see steady growth in the immediate term.

In value terms, fresh or chilled anchovies exports stood at $X in 2020. In general, exports showed a significant increase. The smallest decline of X% was in 2014. The exports peaked in 2020 and are likely to continue growth in the immediate term.

Exports by Country

The United Arab Emirates (X tons) was the main destination for fresh or chilled anchovies exports from Ghana, with a approx. X% share of total exports.

From 2013 to 2020, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

From 2013 to 2020, the average annual growth rate of value to the United Arab Emirates was relatively modest.

Export Prices by Country

The average fresh or chilled anchovies export price stood at $X per ton in 2020, flattening at the previous year. Over the period under review, the export price saw a deep contraction. The pace of growth was the most pronounced in 2014 a decrease of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2020, the export prices remained at a lower figure.

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

From 2013 to 2020, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Imports of Fresh Or Chilled Anchovies

Imports into Ghana

After two years of decline, purchases abroad of fresh or chilled anchovieses decreased by X% to X kg in 2019. In general, imports faced a sharp decline. The smallest decline of X% was in 2017. Imports peaked at X tons in 2016; however, from 2017 to 2019, imports stood at a somewhat lower figure.

In value terms, fresh or chilled anchovies imports totaled $X in 2019. Over the period under review, imports recorded a precipitous descent. The smallest decline of X% was in 2017. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Germany (X kg) was the main supplier of fresh or chilled anchovies to Ghana, accounting for a approx. X% share of total imports.

From 2016 to 2019, the average annual growth rate of volume from Germany was relatively modest.

In value terms, Germany ($X) constituted the largest supplier of fresh or chilled anchovieses to Ghana.

From 2016 to 2019, the average annual rate of growth in terms of value from Germany was relatively modest.

Import Prices by Country

The average fresh or chilled anchovies import price stood at $X per ton in 2019, remaining stable against the previous year. In general, the import price recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average import price decreased by X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2019, import prices failed to regain momentum.

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

From 2016 to 2019, the rate of growth in terms of prices for Germany amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fresh or chilled anchovies in the world?

The country with the largest volume of fresh or chilled anchovies consumption was Oman, accounting for 48% of total volume. Moreover, fresh or chilled anchovies consumption in Oman exceeded the figures recorded by the second-largest consumer, Ecuador, fourfold. Portugal ranked third in terms of total consumption with a 5.8% share.

What are the largest producers of fresh or chilled anchovies in the world?

Oman remains the largest fresh or chilled anchovies producing country worldwide, accounting for 46% of total volume. Moreover, fresh or chilled anchovies production in Oman exceeded the figures recorded by the second-largest producer, Peru, threefold. The third position in this ranking was taken by Portugal, with a 9.4% share.

What are the leading suppliers of fresh or chilled anchovies to Ghana?

In value terms, Germany $31) constituted the largest supplier of fresh or chilled anchovieses to Ghana.

What is the average export price for fresh or chilled anchovies in Ghana?

The average fresh or chilled anchovies export price stood at $1,570 per ton in 2020, flattening at the previous year.

What is the average import price for fresh or chilled anchovies in Ghana?

The average fresh or chilled anchovies import price stood at $620 per ton in 2019, stabilizing at the previous year.

This report provides an in-depth analysis of the market for fresh or chilled anchovies 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:

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023