Report Update Apr 1, 2024

Ghana - Vaccines for Veterinary Medicine - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Veterinary Medicine Vaccines Market 2024

Veterinary Medicine Vaccines Market Size in Ghana

In 2022, the Ghanian veterinary medicine vaccines market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, saw strong growth. As a result, consumption reached the peak level of $X, and then reduced rapidly in the following year.

Veterinary Medicine Vaccines Exports

Exports from Ghana

In 2022, overseas shipments of vaccines for veterinary medicine decreased by X% to X kg for the first time since 2017, thus ending a four-year rising trend. In general, exports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, the exports attained the maximum at X kg in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, veterinary medicine vaccines exports fell notably to $X in 2022. Over the period under review, exports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Zambia (X kg) was the main destination for veterinary medicine vaccines exports from Ghana, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Zambia stood at X%.

In value terms, Zambia ($X) also remains the key foreign market for vaccines for veterinary medicine exports from Ghana.

From 2012 to 2022, the average annual rate of growth in terms of value to Zambia amounted to X%.

Export Prices by Country

In 2022, the average veterinary medicine vaccines export price amounted to $X per ton, declining by X% against the previous year. Overall, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, 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 Zambia.

From 2012 to 2022, the rate of growth in terms of prices for Zimbabwe amounted to X% per year.

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Veterinary Medicine Vaccines Imports

Imports into Ghana

In 2022, overseas purchases of vaccines for veterinary medicine decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, posted a prominent increase. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked at X tons in 2021, and then shrank dramatically in the following year.

In value terms, veterinary medicine vaccines imports reduced remarkably to $X in 2022. In general, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then fell sharply in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of veterinary medicine vaccines to Ghana, with a X% share of total imports. Moreover, veterinary medicine vaccines imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. France (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and France (X% per year).

In value terms, France ($X) constituted the largest supplier of vaccines for veterinary medicine to Ghana, comprising X% of total imports. The second position in the ranking was held by Israel ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (X% per year) and South Africa (X% per year).

Import Prices by Country

In 2022, the average veterinary medicine vaccines import price amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price, however, showed a pronounced increase. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped in the following year.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for vaccines for veterinary medicine in the world?

The United States constituted the country with the largest volume of veterinary medicine vaccines consumption, accounting for 36% of total volume. Moreover, veterinary medicine vaccines consumption in the United States exceeded the figures recorded by the second-largest consumer, China, twofold. Turkey ranked third in terms of total consumption with a 13% share.

What are the largest producers of vaccines for veterinary medicine in the world?

The United States remains the largest veterinary medicine vaccines producing country worldwide, comprising approx. 39% of total volume. Moreover, veterinary medicine vaccines production in the United States exceeded the figures recorded by the second-largest producer, China, twofold. Turkey ranked third in terms of total production with a 12% share.

What are the leading suppliers of vaccines for veterinary medicine to Ghana?

In value terms, France constituted the largest supplier of vaccines for veterinary medicine to Ghana, comprising 47% of total imports. The second position in the ranking was held by Israel, with a 13% share of total imports. It was followed by South Africa, with a 12% share.

What are the leading importers of vaccines for veterinary medicine from Ghana?

In value terms, Zambia remains the key foreign market for vaccines for veterinary medicine exports from Ghana.

What is the average export price for vaccines for veterinary medicine in Ghana?

The average veterinary medicine vaccines export price stood at $39,364 per ton in 2022, which is down by -9.9% against the previous year.

What is the average import price for vaccines for veterinary medicine in Ghana?

The average veterinary medicine vaccines import price stood at $64,944 per ton in 2022, shrinking by -8.5% against the previous year.

This report provides an in-depth analysis of the veterinary medicine vaccines 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 21202160 - Vaccines for veterinary medicine

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