Ghana: Pulses Market 2024

Pulses Market Size in Ghana

The Ghanian pulses market expanded modestly to $X in 2022, increasing by X% against the previous year. Overall, consumption, however, saw a noticeable decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Pulses Production in Ghana

In value terms, pulses production rose remarkably to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

In 2022, the average pulses yield in Ghana fell slightly to X kg per ha, stabilizing at 2021 figures. Over the period under review, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the yield reached the peak level of X kg per ha. From 2017 to 2022, the growth of the average pulses yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of pulses in Ghana stood at X ha, therefore, remained relatively stable against the previous year's figure. In general, the harvested area, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. The pulses harvested area peaked at X ha in 2015; however, from 2016 to 2022, the harvested area stood at a somewhat lower figure.

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Pulses Exports

Exports from Ghana

In 2022, pulses exports from Ghana contracted dramatically to X tons, which is down by X% against 2021 figures. Overall, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2021, and then reduced sharply in the following year.

In value terms, pulses exports shrank rapidly to $X in 2022. In general, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then shrank significantly in the following year.

Exports by Country

The UK (X tons) was the main destination for pulses exports from Ghana, with a X% share of total exports. Moreover, pulses exports to the UK exceeded the volume sent to the second major destination, the United States (X tons), fourfold. Italy (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the UK totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Italy (X% per year).

In value terms, the UK ($X) remains the key foreign market for pulses exports from Ghana, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the UK amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and India (X% per year).

Export Prices by Country

The average pulses export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the export price, however, recorded a perceptible decline. The pace of growth appeared the most rapid in 2020 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 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 the United States ($X per ton), while the average price for exports to South Africa ($X per ton) was amongst the lowest.

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

Pulses Imports

Imports into Ghana

In 2022, after two years of decline, there was significant growth in overseas purchases of pulses, when their volume increased by X% to X tons. In general, imports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, pulses imports surged to $X in 2022. Over the period under review, imports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2019 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

India (X tons), the United Arab Emirates (X tons) and Niger (X tons) were the main suppliers of pulses imports to Ghana, together comprising X% of total imports.

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

In value terms, the largest pulses suppliers to Ghana were Niger ($X), the United Arab Emirates ($X) and India ($X), with a combined X% share of total imports. Lebanon, the UK, Nigeria and Canada 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

The average pulses import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price saw a resilient increase. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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 Niger ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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