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Ghana - Generators For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
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Ghana: Engine Generator Market Overview 2021

Engine Generator Market Size in Ghana

The Ghanian engine generator market reached $X in 2020, therefore, remained relatively stable against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2020, consumption remained at a lower figure.

Engine Generator Production in Ghana

In value terms, engine generator production amounted to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2020, production stood at a somewhat lower figure.

Engine Generator Exports

Exports from Ghana

In 2020, approx. X units of generators for internal combustion engines were exported from Ghana; increasing by X% compared with the previous year. In general, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2012 when exports increased by X% year-to-year. As a result, exports reached the peak of X units. from 2013 to 2020, the growth exports remained at a lower figure.

In value terms, engine generator exports expanded notably to $X in 2020. Over the period under review, exports continue to indicate a buoyant increase. The growth pace was the most rapid in 2012 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. from 2013 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Burkina Faso (X units) was the main destination for engine generator exports from Ghana, with a X% share of total exports. Moreover, engine generator exports to Burkina Faso exceeded the volume sent to the second major destination, Nigeria (X units), twofold. The third position in this ranking was occupied by Togo (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Burkina Faso amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+X% per year) and Togo (+X% per year).

In value terms, the largest markets for engine generator exported from Ghana were Burkina Faso ($X), Nigeria ($X) and Togo ($X), with a combined X% share of total exports.

Togo recorded the highest rates of growth with regard to the value of exports, in terms of 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 2020, the average engine generator export price amounted to $X per unit, dropping by -X% against the previous year. In general, the export price, however, showed mild growth. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the U.S. ($X per unit), while the average price for exports to South Africa ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced more modest paces of growth.

Engine Generator Imports

Imports into Ghana

In 2020, supplies from abroad of generators for internal combustion engines decreased by -X% to X units, falling for the third year in a row after three years of growth. Overall, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. Imports peaked at X units in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

In value terms, engine generator imports dropped remarkably to $X in 2020. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. from 2018 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, the U.S. (X units) constituted the largest engine generator supplier to Ghana, accounting for a X% share of total imports. Moreover, engine generator imports from the U.S. exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), threefold. China (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and China (-X% per year).

In value terms, the largest engine generator suppliers to Ghana were the U.S. ($X), the United Arab Emirates ($X) and China ($X), with a combined X% share of total imports.

The United Arab Emirates recorded the highest rates of growth with regard to 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

The average engine generator import price stood at $X per unit in 2020, waning by -X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the UK ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for generators for internal combustion engines in the world?
+
The countries with the highest volumes of engine generator consumption in 2020 were China (64M units), the U.S. (35M units) and India (22M units), together comprising 52% of global consumption. Japan, Mexico, Bangladesh, France, Brazil, Turkey, Spain, Saudi Arabia, South Korea and Italy lagged somewhat behind, together comprising a further 29%.
What are the largest producers of generators for internal combustion engines in the world?
+
The country with the largest volume of engine generator production was China (67M units), accounting for 28% of total volume. Moreover, engine generator production in China exceeded the figures recorded by the second-largest producer, the U.S. (29M units), twofold. Japan (22M units) ranked third in terms of total production with a 9.2% share.
What are the leading suppliers of generators for internal combustion engines to Ghana?
+
In value terms, the largest engine generator suppliers to Ghana were the U.S. ($134K), the United Arab Emirates ($108K) and China ($95K), together comprising 60% of total imports.
What are the leading importers of generators for internal combustion engines from Ghana?
+
In value terms, Burkina Faso ($29K), Nigeria ($23K) and Togo ($17K) constituted the largest markets for engine generator exported from Ghana worldwide, together accounting for 90% of total exports.
What is the average export price for generators for internal combustion engines in Ghana?
+
The average engine generator export price stood at $78 per unit in 2020, dropping by -28.9% against the previous year.
What is the average import price for generators for internal combustion engines in Ghana?
+
In 2020, the average engine generator import price amounted to $75 per unit, with a decrease of -21.2% against the previous year.

Product coverage:
• Prodcom 29312250 - Generators for internal combustion engines (including dynamos and alternators) (excluding dual-purpose startergenerators)

This report provides an in-depth analysis of the engine generator 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

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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020
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