Report Update Apr 1, 2024

Ghana - Silk Shawls and Scarves - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Market for Silk Shawls And Scarves 2024

Market Size for Silk Shawls And Scarves in Ghana

In 2022, after three years of decline, there was decline in the Ghanian silk shawl and scarf market, when its value decreased by X% to $X. Overall, consumption, however, faced a significant decline. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Silk Shawls And Scarves in Ghana

In value terms, silk shawl and scarf production stood at $X in 2022 estimated in export price. Over the period under review, production, however, recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2018 with a decrease of X%. Silk shawl and scarf production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

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Exports of Silk Shawls And Scarves

Exports from Ghana

In 2022, after two years of decline, there was decline in overseas shipments of silk shawls and scarves, when their volume decreased by X% to X units. Over the period under review, exports recorded a noticeable slump. The smallest decline of X% was in 2017. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, silk shawl and scarf exports amounted to $X in 2022. Overall, exports saw a deep setback. The smallest decline of X% was in 2017. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units), Cote d'Ivoire (X units) and the Netherlands (X units) were the main destinations of silk shawl and scarf exports from Ghana, together accounting for X% of total exports.

From 2016 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, the largest markets for silk shawl and scarf exported from Ghana were the United States ($X), Cote d'Ivoire ($X) and Sweden ($X), together comprising X% of total exports.

Among the main countries of destination, Cote d'Ivoire, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average silk shawl and scarf export price amounted to $X per unit, flattening at the previous year. In general, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2017 a decrease of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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

From 2016 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 a decline.

Imports of Silk Shawls And Scarves

Imports into Ghana

In 2019, the amount of silk shawls and scarves imported into Ghana contracted notably to X units, falling by X% compared with 2018. Overall, imports showed a sharp curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2019, imports failed to regain momentum.

In value terms, silk shawl and scarf imports contracted markedly to $X in 2019. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2019, imports failed to regain momentum.

Imports by Country

In 2019, India (X units) constituted the largest silk shawl and scarf supplier to Ghana, with a X% share of total imports. Moreover, silk shawl and scarf imports from India exceeded the figures recorded by the second-largest supplier, China (X units), threefold.

From 2012 to 2019, the average annual rate of growth in terms of volume from India totaled X%.

In value terms, India ($X) constituted the largest supplier of silk shawls and scarves to Ghana, comprising X% of total imports. The second position in the ranking was held by China ($X), with an X% share of total imports.

From 2012 to 2019, the average annual rate of growth in terms of value from India amounted to X%.

Import Prices by Country

In 2019, the average silk shawl and scarf import price amounted to $X per unit, falling by X% against the previous year. In general, the import price, however, recorded tangible growth. The most prominent rate of growth was recorded in 2013 an increase of X%. The import price peaked at $X per unit in 2016; however, from 2017 to 2019, import prices remained at a lower figure.

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

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by China (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for silk shawls and scarves in the world?

The countries with the highest volumes of consumption in 2022 were India, China and the United States, with a combined 70% share of global consumption.

What are the largest producers of silk shawls and scarves in the world?

The countries with the highest volumes of production in 2022 were China, India and Italy, together comprising 94% of global production.

What are the leading suppliers of silk shawls and scarves to Ghana?

In value terms, India constituted the largest supplier of silk shawls and scarves to Ghana, comprising 65% of total imports. The second position in the ranking was held by China $917), with an 11% share of total imports.

What are the leading importers of silk shawls and scarves from Ghana?

In value terms, the largest markets for silk shawl and scarf exported from Ghana were the United States $291), Cote d'Ivoire $170) and Sweden $69), with a combined 89% share of total exports.

What is the average export price for silk shawls and scarves in Ghana?

The average silk shawl and scarf export price stood at $2.9 per unit in 2022, approximately equating the previous year.

What is the average import price for silk shawls and scarves in Ghana?

The average silk shawl and scarf import price stood at $12 per unit in 2019, falling by -11.9% against the previous year.

This report provides an in-depth analysis of the market for silk shawl and scarf 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 14192338 - Shawls, scarves, mufflers, mantillas, veils and the like, of silk or silk waste (excluding knitted or crocheted)

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