Latest Report Update: May 17, 2021

Ghana - Wheat Or Meslin Flour - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Ghana: Wheat Flour Market Overview 2021

Wheat Flour Market Size in Ghana

In 2020, after five years of growth, there was significant decline in the Ghanian wheat flour market, when its value decreased by -X% to $X. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2009 when the market value increased by X% against the previous year. Wheat flour consumption peaked at $X in 2019, and then dropped in the following year.

Wheat Flour Production in Ghana

In value terms, wheat flour production shrank to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2009 when the production volume increased by X% y-o-y. Over the period under review, production reached the peak level at $X in 2019, and then contracted in the following year.

Wheat Flour Exports

Exports from Ghana

In 2020, shipments abroad of wheat or meslin flour decreased by -X% to X tonnes for the first time since 2011, thus ending a eight-year rising trend. In general, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, exports attained the peak figure at X tonnes in 2019, and then reduced notably in the following year.

In value terms, wheat flour exports fell to $X in 2020. Over the period under review, exports, however, showed significant growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Exports peaked at $X in 2019, and then dropped in the following year.

Exports by Country

The Netherlands (X tonnes) was the main destination for wheat flour exports from Ghana, accounting for a X% share of total exports. Moreover, wheat flour exports to the Netherlands exceeded the volume sent to the second major destination, the U.S. (X tonnes), fourfold.

From 2007 to 2020, the average annual growth rate of volume to the Netherlands totaled +X%.

In value terms, the Netherlands ($X) remains the key foreign market for wheat flour exports from Ghana, comprising X% of total exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to the Netherlands stood at +X%.

Export Prices by Country

In 2020, the average wheat flour export price amounted to $X per tonne, surging by X% against the previous year. Overall, the export price saw a tangible increase. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to the U.S. amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands.

Wheat Flour Imports

Imports into Ghana

In 2020, the amount of wheat or meslin flour imported into Ghana reduced to X tonnes, which is down by -X% against the previous year's figure. Over the period under review, imports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2009 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2019, and then fell in the following year.

In value terms, wheat flour imports expanded notably to $X in 2020. Overall, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2013 to 2020, the growth imports failed to regain the momentum.

Imports by Country

India (X tonnes), Germany (X tonnes) and the UK (X tonnes) were the main suppliers of wheat flour imports to Ghana, together accounting for X% of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Germany ($X) and the UK ($X) were the largest wheat flour suppliers to Ghana, with a combined X% share of total imports.

In terms of the main suppliers, the UK (+X% per year) recorded the highest rates of growth with regard to 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 2020, the average wheat flour import price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2009 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per tonne), while the price for South Africa ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wheat or meslin flour in the world?
+
China (75M tonnes) constituted the country with the largest volume of wheat flour consumption, comprising approx. 19% of total volume. Moreover, wheat flour consumption in China exceeded the figures recorded by the second-largest consumer, India (23M tonnes), threefold. Indonesia (17M tonnes) ranked third in terms of total consumption with a 4.4% share.
What are the largest producers of wheat or meslin flour in the world?
+
China (75M tonnes) remains the largest wheat flour producing country worldwide, comprising approx. 19% of total volume. Moreover, wheat flour production in China exceeded the figures recorded by the second-largest producer, India (23M tonnes), threefold. Indonesia (17M tonnes) ranked third in terms of total production with a 4.4% share.
What are the leading suppliers of wheat or meslin flour to Ghana?
+
In value terms, India ($8.6M), Germany ($6.7M) and the UK ($3.1M) appeared to be the largest wheat flour suppliers to Ghana, with a combined 88% share of total imports.
What are the leading importers of wheat or meslin flour from Ghana?
+
In value terms, the Netherlands ($33M) remains the key foreign market for wheat flour exports from Ghana, comprising 89% of total exports. The second position in the ranking was occupied by the U.S. ($3M), with a 8% share of total exports.
What is the average export price for wheat or meslin flour in Ghana?
+
The average wheat flour export price stood at $805 per tonne in 2020, jumping by 91% against the previous year.
What is the average import price for wheat or meslin flour in Ghana?
+
In 2020, the average wheat flour import price amounted to $377 per tonne, growing by 28% against the previous year.

Product coverage:
• Prodcom 10612100 - Wheat or meslin flour

This report provides an in-depth analysis of the wheat flour 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 2025.


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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
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 PRODUCTS

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
TOP EXPORTING COUNTRIES
5.4
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 VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
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:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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