Report Update May 1, 2024

Ghana - Optical Telescopes - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Optical Telescope Market 2024

Optical Telescope Market Size in Ghana

In 2022, after three years of growth, there was significant decline in the Ghanian optical telescope market, when its value decreased by X% to $X. Over the period under review, consumption saw tangible growth. Optical telescope consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Optical Telescope Exports

Exports from Ghana

In 2018, shipments abroad of optical telescopes decreased by X% to X units, falling for the fourth consecutive year after two years of growth. In general, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of X units. From 2015 to 2018, the growth of the exports remained at a lower figure.

In value terms, optical telescope exports amounted to $X in 2018. Overall, exports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2018, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for optical telescope exports from Ghana, accounting for a approx. X% share of total exports.

From 2013 to 2018, the average annual growth rate of volume to the United States was relatively modest.

From 2013 to 2018, the average annual growth rate of value to the United States was relatively modest.

Export Prices by Country

The average optical telescope export price stood at $X per unit in 2018, standing approx. at the previous year. Over the period under review, the export price saw a abrupt setback. The growth pace was the most rapid in 2015 a decrease of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2018, 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 States.

From 2013 to 2018, the rate of growth in terms of prices for the United States amounted to X% per year.

Optical Telescope Imports

Imports into Ghana

In 2022, purchases abroad of optical telescopes increased by X% to X units, rising for the fourth consecutive year after four years of decline. Overall, imports posted a notable expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, optical telescope imports reduced to $X in 2022. In general, imports posted a perceptible expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest supplier of optical telescope to Ghana, accounting for a X% share of total imports. Moreover, optical telescope imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, Canada (X units), threefold. The United States (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and the United States (X% per year).

In value terms, the United States ($X) constituted the largest supplier of optical telescopes to Ghana, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with an X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Spain (X% per year).

Import Prices by Country

The average optical telescope import price stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the import price, however, enjoyed a mild increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for optical telescopes in the world?

The countries with the highest volumes of consumption in 2023 were China, the United States and India, with a combined 45% share of global consumption. Germany, the UK, Pakistan, Russia, Indonesia, Turkey, Japan, Spain, Canada and Poland lagged somewhat behind, together comprising a further 27%.

What are the largest producers of optical telescopes in the world?

The country with the largest volume of optical telescope production was China, comprising approx. 67% of total volume. Moreover, optical telescope production in China exceeded the figures recorded by the second-largest producer, India, ninefold. The third position in this ranking was taken by Pakistan, with a 3.1% share.

What are the leading suppliers of optical telescopes to Ghana?

In value terms, the United States constituted the largest supplier of optical telescopes to Ghana, comprising 54% of total imports. The second position in the ranking was taken by the UK, with an 18% share of total imports. It was followed by Spain, with a 7.8% share.

What is the average export price for optical telescopes in Ghana?

The average optical telescope export price stood at $33 per unit in 2018, therefore, remained relatively stable against the previous year.

What is the average import price for optical telescopes in Ghana?

In 2022, the average optical telescope import price amounted to $14 per unit, which is down by -56.7% against the previous year.

This report provides an in-depth analysis of the optical telescope 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 26702250 - Instruments (excluding binoculars) such as optical telescopes

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