Ghana: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in Ghana

In 2022, after three years of growth, there was significant decline in the Ghanian filling containers machinery market, when its value decreased by X% to $X. In general, consumption, however, saw a buoyant expansion. Filling containers machinery consumption peaked at $X in 2021, and then dropped notably in the following year.

Filling Containers Machinery Exports

Exports from Ghana

In 2022, the amount of machinery for filling, closing, sealing, capsuling or labelling containers exported from Ghana shrank remarkably to X units, dropping by X% compared with 2021 figures. In general, exports recorded a abrupt decline. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, filling containers machinery exports contracted markedly to $X in 2022. Overall, exports saw a perceptible contraction. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Benin (X units), Cote d'Ivoire (X units) and Togo (X units) were the main destinations of filling containers machinery exports from Ghana, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cote d'Ivoire (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the key foreign market for machinery for filling, closing, sealing, capsuling or labelling containers exports from Ghana, comprising X% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total exports. It was followed by Benin, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (X% per year) and Benin (X% per year).

Export Prices by Country

The average filling containers machinery export price stood at $X per unit in 2022, declining by X% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price 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, filling containers machinery export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Burkina Faso ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Filling Containers Machinery Imports

Imports into Ghana

After three years of growth, purchases abroad of machinery for filling, closing, sealing, capsuling or labelling containers decreased by X% to X units in 2022. Overall, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Imports peaked at X units in 2021, and then fell sharply in the following year.

In value terms, filling containers machinery imports fell remarkably to $X in 2022. Over the period under review, imports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then shrank rapidly in the following year.

Imports by Country

China (X units), Germany (X units) and Italy (X units) were the main suppliers of filling containers machinery imports to Ghana, together accounting for X% of total imports. Nigeria, India and Japan lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Nigeria (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and Italy ($X) appeared to be the largest filling containers machinery suppliers to Ghana, with a combined X% share of total imports. India, Nigeria and Japan lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Nigeria, with a CAGR of X%, saw the highest growth rate of the value of imports, 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 filling containers machinery import price amounted to $X per unit, falling by X% against the previous year. Overall, the import price, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2021, and then dropped in the following year.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :