Ghana - Vegetables (Preserved And Frozen) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Preserved and Frozen Vegetable in Ghana - 2022
Contents:
- Price for Preserved and Frozen Vegetable in Ghana (CIF) - 2022
- Price for Preserved and Frozen Vegetable in Ghana (FOB) - 2022
- Imports of Preserved and Frozen Vegetable in Ghana
- Exports of Preserved and Frozen Vegetable in Ghana
Price for Preserved and Frozen Vegetable in Ghana (CIF) - 2022
In 2022, the average preserved and frozen vegetable import price amounted to $950 per ton, surging by 18% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The import price peaked at $971 per ton in 2013; however, from 2014 to 2022, 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 South Africa ($1,379 per ton), while the price for Germany ($792 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Preserved and Frozen Vegetable in Ghana (FOB) - 2022
In 2022, the average preserved and frozen vegetable export price amounted to $1,907 per ton, with a decrease of -43.1% against the previous year. In general, the export price, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 143% against the previous year. As a result, the export price reached the peak level of $4,872 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($2,304 per ton), while the average price for exports to Togo ($153 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 the United States (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Preserved and Frozen Vegetable in Ghana
In 2022, supplies from abroad of vegetables (preserved, frozen) decreased by -11.2% to 6.3K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.9% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 62%. As a result, imports reached the peak of 7.1K tons, and then dropped in the following year.
In value terms, preserved and frozen vegetable imports expanded notably to $6M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 60%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
| Import of Preserved and Frozen Vegetable in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 102 | 768 | 1,321 | 1,552 | 147.8% |
| Belgium | 884 | 751 | 1,276 | 1,228 | 11.6% |
| South Africa | 47.7 | 42.2 | 52.4 | 76.6 | 17.1% |
| Germany | 93.4 | 9.6 | 42.6 | 42.9 | -22.8% |
| Denmark | 11.6 | 67.8 | 89.1 | 40.4 | 51.6% |
| Others | 2,482 | 1,913 | 2,888 | 3,014 | 6.7% |
| Total | 3,620 | 3,552 | 5,669 | 5,954 | 18.0% |
Top Suppliers of Preserved and Frozen Vegetable to Ghana in 2022:
- Netherlands (1.6K tons)
- Belgium (1.3K tons)
- South Africa (0.1K tons)
- Germany (0.1K tons)
Exports of Preserved and Frozen Vegetable in Ghana
In 2022, the amount of vegetables (preserved, frozen) exported from Ghana declined rapidly to 11 tons, which is down by -74.9% against 2021 figures. Overall, exports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 922%. As a result, the exports reached the peak of 45 tons, and then declined significantly in the following year.
In value terms, preserved and frozen vegetable exports dropped sharply to $21K in 2022. Over the period under review, exports showed a sharp descent. The pace of growth was the most pronounced in 2021 when exports increased by 603%. As a result, the exports reached the peak of $150K, and then declined remarkably in the following year.
| Export of Preserved and Frozen Vegetable in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 61.8 | 17.1 | 121 | 19.0 | -32.5% |
| United States | 4.7 | 2.2 | 12.6 | 1.6 | -30.2% |
| Togo | 1.7 | 0.2 | 0.2 | 0.2 | -51.0% |
| Mali | 15.7 | N/A | N/A | N/A | 0% |
| Others | 1.3 | 1.9 | 16.4 | 0.7 | -18.6% |
| Total | 85.2 | 21.4 | 150 | 21.5 | -36.8% |
Top Export Markets for Preserved and Frozen Vegetable from Ghana in 2022:
- France (8.3 tons)
- United States (1.6 tons)
- Togo (1.2 tons)
This report provides an in-depth analysis of the market for preserved and frozen vegetable 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 475 - Vegetables, Preserved (Frozen)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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