Report Update Apr 1, 2024

Ghana - Ignition Magnetos, Magneto-Dynamos and Magnetic Flywheels - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Ignition Magneto Market 2024

Ignition Magneto Market Size in Ghana

In 2022, after four years of growth, there was significant decline in the Ghanian ignition magneto market, when its value decreased by X% to $X. Overall, consumption, however, showed a buoyant increase. Over the period under review, the market reached the peak level at $X in 2021, and then declined in the following year.

Ignition Magneto Exports

Exports from Ghana

In 2022, approx. X units of ignition magnetos, magneto-dynamos and magnetic flywheels were exported from Ghana; shrinking by X% on 2021 figures. Over the period under review, exports recorded a deep slump. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, ignition magneto exports contracted modestly to $X in 2022. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Burkina Faso (X units) was the main destination for ignition magneto exports from Ghana, accounting for a approx. X% share of total exports.

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

In value terms, Burkina Faso ($X) also remains the key foreign market for ignition magnetos, magneto-dynamos and magnetic flywheels exports from Ghana.

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

Export Prices by Country

In 2022, the average ignition magneto export price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price recorded a significant expansion. The pace of growth was the most pronounced in 2016 an increase of X%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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

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

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Ignition Magneto Imports

Imports into Ghana

In 2022, after three years of growth, there was significant decline in overseas purchases of ignition magnetos, magneto-dynamos and magnetic flywheels, when their volume decreased by X% to X units. Over the period under review, imports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. Imports peaked at X units in 2021, and then shrank in the following year.

In value terms, ignition magneto imports contracted dramatically to $X in 2022. In general, imports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2021, and then fell dramatically in the following year.

Imports by Country

Germany (X units), China (X units) and Slovenia (X units) were the main suppliers of ignition magneto imports to Ghana, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of ignition magnetos, magneto-dynamos and magnetic flywheels to Ghana, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by Slovenia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Slovenia (X% per year).

Import Prices by Country

In 2022, the average ignition magneto import price amounted to $X per unit, falling by X% against the previous year. Over the period under review, the import price, however, continues to indicate prominent growth. The growth pace was the most rapid in 2019 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

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

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Frequently Asked Questions (FAQ) :

What are the largest markets for ignition magnetos, magneto-dynamos and magnetic flywheels in the world?

China remains the largest ignition magneto consuming country worldwide, comprising approx. 29% of total volume. Moreover, ignition magneto consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 9% share.

What are the largest producers of ignition magnetos, magneto-dynamos and magnetic flywheels in the world?

China remains the largest ignition magneto producing country worldwide, comprising approx. 32% of total volume. Moreover, ignition magneto production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was taken by the United States, with a 7.3% share.

What are the leading suppliers of ignition magnetos, magneto-dynamos and magnetic flywheels to Ghana?

In value terms, Germany constituted the largest supplier of ignition magnetos, magneto-dynamos and magnetic flywheels to Ghana, comprising 27% of total imports. The second position in the ranking was taken by China, with a 10% share of total imports. It was followed by Slovenia, with a 7.7% share.

What are the leading importers of ignition magnetos, magneto-dynamos and magnetic flywheels from Ghana?

In value terms, Burkina Faso $190) remains the key foreign market for ignition magnetos, magneto-dynamos and magnetic flywheels exports from Ghana.

What is the average export price for ignition magnetos, magneto-dynamos and magnetic flywheels in Ghana?

The average ignition magneto export price stood at $95 per unit in 2022, rising by 48% against the previous year.

What is the average import price for ignition magnetos, magneto-dynamos and magnetic flywheels in Ghana?

In 2022, the average ignition magneto import price amounted to $19 per unit, falling by -9% against the previous year.

This report provides an in-depth analysis of the ignition magneto 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 29312150 - Ignition magnetos, magneto-dynamos and magnetic flywheels

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