Report Ghana - Poultry - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 15, 2022

Ghana - Poultry - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Poultry Market 2022

Poultry Market Size in Ghana

In 2021, the Ghanian poultry market decreased by -5.7% to $X for the first time since 2016, thus ending a four-year rising trend. In general, the total consumption indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +85.6% against 2016 indices. Poultry consumption peaked at $X in 2020, and then declined in the following year.

Poultry Production in Ghana

In value terms, poultry production dropped to $X in 2021 estimated in export price. Over the period under review, the total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +57.8% against 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of 28%. As a result, production reached the peak level of $X, and then reduced in the following year.

The average yield of poultry in Ghana totaled X kg per X heads in 2021, remaining stable against the previous year. Overall, the yield continues to indicate a relatively flat trend pattern. As a result, the yield attained the peak level and is likely to continue growth in the immediate term.

The number of animals slaughtered for poultry production in Ghana reduced to X heads in 2021, waning by -3.5% compared with 2020. This number increased at an average annual rate of +5.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 9.9%. The number of animals slaughtered for poultry production peaked at X heads in 2020, and then shrank slightly in the following year.

Poultry Exports

Exports from Ghana

In 2021, poultry exports from Ghana reached X tons, picking up by 6.5% compared with the year before. Overall, exports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2014 with an increase of 55% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, poultry exports contracted to $X in 2021. In general, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by 50%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Togo (X tons) was the main destination for poultry exports from Ghana, with a 90% share of total exports. Moreover, poultry exports to Togo exceeded the volume sent to the second major destination, Cote d'Ivoire (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Togo totaled +2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (-27.9% per year) and Benin (-21.9% per year).

In value terms, Togo ($X) remains the key foreign market for poultry exports from Ghana, comprising 71% of total exports. The second position in the ranking was held by Cote d'Ivoire ($X), with a 21% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Togo stood at +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (-19.3% per year) and Benin (-13.2% per year).

Export Prices by Country

In 2021, the average poultry export price amounted to $X per ton, which is down by -9% against the previous year. Over the period under review, the export price, however, recorded a modest expansion. The growth pace was the most rapid in 2018 when the average export price increased by 116%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Benin ($X per ton), while the average price for exports to Togo ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry Imports

Imports into Ghana

In 2021, supplies from abroad of poultry decreased by -7.3% to X tons for the first time since 2016, thus ending a four-year rising trend. Overall, imports, however, recorded a strong increase. The pace of growth was the most pronounced in 2017 when imports increased by 57% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020, and then fell in the following year.

In value terms, poultry imports fell to $X in 2021. Over the period under review, imports, however, continue to indicate a noticeable increase. The pace of growth appeared the most rapid in 2019 with an increase of 47% against the previous year. Over the period under review, imports attained the maximum at $X in 2020, and then declined in the following year.

Imports by Country

The Netherlands (X tons), the United States (X tons) and Poland (X tons) were the main suppliers of poultry imports to Ghana, together comprising 72% of total imports.

From 2012 to 2021, the biggest increases were in Poland (with a CAGR of +59.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the Netherlands ($X) and Poland ($X) appeared to be the largest poultry suppliers to Ghana, together comprising 71% of total imports.

In terms of the main suppliers, Poland, with a CAGR of +48.3%, 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 2021, the average poultry import price amounted to $X per ton, leveling off at the previous year. Overall, the import price, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2016 an increase of 14% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Brazil ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for poultry in the world?
+
The countries with the highest volumes of consumption in 2021 were China, the United States and Brazil, together comprising 39% of global consumption. These countries were followed by Russia, Mexico, India, Indonesia, Japan, South Africa, the UK, Iran and Argentina, which together accounted for a further 22%.
What are the largest producers of poultry in the world?
+
The countries with the highest volumes of production in 2021 were the United States, China and Brazil, with a combined 44% share of global production. These countries were followed by Russia, India, Indonesia, Mexico, Poland, Japan, Argentina, Iran and Turkey, which together accounted for a further 21%.
What are the leading suppliers of poultry to Ghana?
+
In value terms, the largest poultry suppliers to Ghana were the United States, the Netherlands and Poland, with a combined 71% share of total imports.
What are the leading importers of poultry from Ghana?
+
In value terms, Togo remains the key foreign market for poultry exports from Ghana, comprising 71% of total exports. The second position in the ranking was held by Cote d'Ivoire, with a 21% share of total exports.
What is the average export price for poultry in Ghana?
+
In 2021, the average poultry export price amounted to $927 per ton, shrinking by -9% against the previous year.
What is the average import price for poultry in Ghana?
+
The average poultry import price stood at $919 per ton in 2021, standing approx. at the previous year.

This report provides an in-depth analysis of the poultry 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:
• FCL 1058 - Chicken meat
• FCL 1059 - Offals and liver of chickens
• FCL 1069 - Duck meat
• FCL 1073 - Goose meat
• FCL 1074 - Offals and liver of geese
• FCL 1075 - Offals and liver of ducks
• FCL 1080 - Turkey meat
• FCL 1081 - Offals and liver of turkey
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
REPORT DESCRIPTION
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 PRODUCT

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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, PRODUCING ANIMALS AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Producing Animals Slaughtered, 2012–2022
Figure 24:
Yield, 2012–2022
Figure 25:
Imports, In Physical Terms, 2012–2022
Figure 26:
Imports, In Value Terms, 2012–2022
Figure 27:
Imports, In Physical Terms, By Country, 2022
Figure 28:
Imports, In Physical Terms, By Country, 2012–2022
Figure 29:
Imports, In Value Terms, By Country, 2012–2022
Figure 30:
Import Prices, By Country Of Origin, 2012–2022
Figure 31:
Exports, In Physical Terms, 2012–2022
Figure 32:
Exports, In Value Terms, 2012–2022
Figure 33:
Exports, In Physical Terms, By Country, 2022
Figure 34:
Exports, In Physical Terms, By Country, 2012–2022
Figure 35:
Exports, In Value Terms, By Country, 2012–2022
Figure 36:
Export Prices, By Country Of Destination, 2012–2022
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