Ghana - Fresh or Chilled Carcases of Beef and Veal - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGhana: Fresh Beef Carcase Market 2024
Fresh Beef Carcase Market Size in Ghana
The Ghanian fresh beef carcase market reduced to $X in 2022, falling by X% against the previous year. In general, the total consumption indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Fresh beef carcase consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.
Fresh Beef Carcase Production in Ghana
In value terms, fresh beef carcase production fell to $X in 2022 estimated in export price. Overall, the total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Fresh beef carcase production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.
Fresh Beef Carcase Exports
Exports from Ghana
Fresh beef carcase exports from Ghana stood at X kg in 2015, approximately reflecting 2014. Over the period under review, exports recorded a sharp slump. The smallest decline of X% was in 2014. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2015, the exports remained at a lower figure.
In value terms, fresh beef carcase exports stood at $X in 2015. In general, exports showed a dramatic curtailment. The smallest decline of X% was in 2014. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2015, the exports failed to regain momentum.
Exports by Country
Canada (X kg) was the main destination for fresh beef carcase exports from Ghana, accounting for a approx. X% share of total exports.
From 2013 to 2015, the average annual growth rate of volume to Canada was relatively modest.
From 2013 to 2015, the average annual growth rate of value to Canada was relatively modest.
Export Prices by Country
In 2015, the average fresh beef carcase export price amounted to $X per ton, approximately equating the previous year. In general, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 when the average export price decreased by X%. The export price peaked in 2015 and is likely to see gradual growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Canada.
From 2013 to 2015, the rate of growth in terms of prices for the Philippines amounted to X% per year.
Fresh Beef Carcase Imports
Imports into Ghana
For the fifth year in a row, Ghana recorded growth in overseas purchases of fresh or chilled carcases of beef and veal, which increased by X% to X tons in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, fresh beef carcase imports declined to $X in 2022. In general, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at $X in 2021, and then contracted in the following year.
Imports by Country
In 2022, the UK (X tons) constituted the largest supplier of fresh beef carcase to Ghana, accounting for a X% share of total imports. Moreover, fresh beef carcase imports from the UK exceeded the figures recorded by the second-largest supplier, France (X tons), twofold. South Africa (X tons) ranked third in terms of total imports with a X% share.
From 2012 to 2022, the average annual growth rate of volume from the UK stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and South Africa (X% per year).
In value terms, the largest fresh beef carcase suppliers to Ghana were South Africa ($X), the UK ($X) and France ($X), with a combined X% share of total imports. Italy, the United Arab Emirates and the Netherlands lagged somewhat behind, together comprising a further X%.
Italy, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2022, the average fresh beef carcase import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price recorded a drastic downturn. The growth pace was the most rapid in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (X%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the fresh beef carcase 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 10111140 - Fresh or chilled carcases, half-carcases and quarters with bone in, of beef and veal
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
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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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