Ghana: Photo-Copying Apparatus Market 2023

Photo-Copying Apparatus Market Size in Ghana

After two years of growth, the Ghanian photo-copying apparatus market decreased by -11% to $X in 2022. Overall, consumption, however, showed a strong expansion. Photo-copying apparatus consumption peaked at $X in 2021, and then shrank in the following year.

Photo-Copying Apparatus Exports

Exports from Ghana

In 2022, photo-copying apparatus exports from Ghana declined sharply to X units, with a decrease of -21.4% against 2021. In general, exports, however, recorded modest growth. The growth pace was the most rapid in 2021 when exports increased by 47% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, photo-copying apparatus exports contracted significantly to $X in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 1,567% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then shrank sharply in the following year.

Exports by Country

Zimbabwe (X units) was the main destination for photo-copying apparatus exports from Ghana, accounting for a 18% share of total exports. Moreover, photo-copying apparatus exports to Zimbabwe exceeded the volume sent to the second major destination, Cote d'Ivoire (X units), fourfold. South Africa (X units) ranked third in terms of total exports with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Zimbabwe stood at +14.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (0.0% per year) and South Africa (0.0% per year).

In value terms, Zimbabwe ($X) remains the key foreign market for photo-copying apparatus exports from Ghana, comprising 47% of total exports. The second position in the ranking was held by Germany ($X), with an 11% share of total exports. It was followed by Belgium, with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Zimbabwe totaled +127.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+55.1% per year) and Belgium (+43.3% per year).

Export Prices by Country

In 2022, the average photo-copying apparatus export price amounted to $X per unit, with a decrease of -31% against the previous year. In general, the export price, however, continues to indicate a significant increase. The pace of growth appeared the most rapid in 2014 an increase of 1,349% against the previous year. The export price peaked at $X per unit in 2021, and then fell notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($X per unit), while the average price for exports to Switzerland ($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 Zimbabwe (+98.0%), while the prices for the other major destinations experienced more modest paces of growth.

Photo-Copying Apparatus Imports

Imports into Ghana

In 2022, supplies from abroad of photo-copying apparatus decreased by -2.7% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 154%. Over the period under review, imports reached the maximum at X units in 2021, and then dropped slightly in the following year.

In value terms, photo-copying apparatus imports reduced markedly to $X in 2022. In general, imports, however, recorded a noticeable increase. The most prominent rate of growth was recorded in 2018 when imports increased by 210%. Over the period under review, imports hit record highs at $X in 2021, and then dropped remarkably in the following year.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest supplier of photo-copying apparatus to Ghana, with a 85% share of total imports. Moreover, photo-copying apparatus imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, France (X units), more than tenfold. China (X units) ranked third in terms of total imports with a 2.8% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at +32.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+5.7% per year) and China (+18.7% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of photo-copying apparatus to Ghana, comprising 78% of total imports. The second position in the ranking was taken by China ($X), with an 8.5% share of total imports. It was followed by the Netherlands, with a 2.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +31.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+17.9% per year) and the Netherlands (-16.5% per year).

Import Prices by Country

In 2022, the average photo-copying apparatus import price amounted to $X per unit, declining by -15.3% against the previous year. Over the period under review, the import price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 56% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+10.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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