Ghana - Industrial Bakery Machinery - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingIndustrial Bakery Machinery Price in Ghana - 2022
Contents:
- Industrial Bakery Machinery Price in Ghana (CIF) - 2022
- Industrial Bakery Machinery Price in Ghana (FOB) - 2022
- Industrial Bakery Machinery Imports in Ghana
- Industrial Bakery Machinery Exports in Ghana
Industrial Bakery Machinery Price in Ghana (CIF) - 2022
The average industrial bakery machinery import price stood at $26,388 per unit in 2022, dropping by -16.9% against the previous year. In general, the import price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2020 an increase of 98%. The import price peaked at $31,747 per unit in 2021, and then plummeted in the following year.
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 Italy ($40,523 per unit), while the price for the United Arab Emirates ($1,406 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+45.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Industrial Bakery Machinery Price in Ghana (FOB) - 2022
The average industrial bakery machinery export price stood at $19,136 per unit in 2022, dropping by -10.3% against the previous year. Overall, the export price, however, continues to indicate a prominent increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 4,187% against the previous year. The export price peaked at $24,555 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($8,955 per unit), while the average price for exports to Rwanda ($1 per unit) 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 (+325.9%), while the prices for the other major destinations experienced more modest paces of growth.
Industrial Bakery Machinery Imports in Ghana
In 2022, the amount of industrial bakery machinery imported into Ghana contracted dramatically to 393 units, waning by -18.1% on the previous year. Over the period under review, imports saw a significant decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 57%. Over the period under review, imports hit record highs at 830 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, industrial bakery machinery imports fell markedly to $10M in 2022. In general, imports, however, saw resilient growth. The growth pace was the most rapid in 2021 with an increase of 177% against the previous year. As a result, imports reached the peak of $15M, and then fell remarkably in the following year.
| Import of Industrial Bakery Machinery in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 601 | 1,100 | 549 | 3,261 | 75.7% |
| South Africa | 49.1 | 91.2 | 324 | 2,207 | 255.6% |
| China | 772 | 849 | 131 | 1,572 | 26.7% |
| Italy | 2,592 | 1,491 | 5,298 | 1,499 | -16.7% |
| Turkey | 107 | 167 | 104 | 418 | 57.5% |
| Denmark | 23.4 | 31.9 | 60.8 | 309 | 136.4% |
| Spain | 6.9 | 3.6 | 3.0 | 242 | 227.3% |
| United Arab Emirates | 1.4 | 1.1 | 1.4 | 115 | 334.7% |
| United States | 3.1 | 3.1 | 10.8 | 90.2 | 207.6% |
| Netherlands | 8.2 | 6.8 | 9.8 | 59.5 | 93.6% |
| United Kingdom | 29.7 | 16.2 | 14.7 | 22.8 | -8.4% |
| Japan | 1,729 | N/A | N/A | N/A | 0% |
| Others | 1,603 | 1,741 | 8,732 | 573 | -29.0% |
| Total | 7,527 | 5,503 | 15,239 | 10,371 | 11.3% |
Top Suppliers of Industrial Bakery Machinery to Ghana in 2022:
- China (341.0 units)
- India (98.0 units)
- Spain (86.0 units)
- South Africa (85.0 units)
- United Arab Emirates (82.0 units)
- Turkey (45.0 units)
- Italy (37.0 units)
- Netherlands (30.0 units)
- Denmark (28.0 units)
- United States (21.0 units)
- United Kingdom (8.0 units)
Industrial Bakery Machinery Exports in Ghana
In 2022, approx. 1 units of industrial bakery machinery were exported from Ghana; approximately equating 2021. Over the period under review, exports saw a relatively flat trend pattern. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, industrial bakery machinery exports declined to $19K in 2022. In general, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 35%. The exports peaked at $21K in 2021, and then reduced in the following year.
| Export of Industrial Bakery Machinery in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 9.0 | 0% |
| Burkina Faso | 10.7 | 16.8 | 7.3 | 1.2 | -51.8% |
| Nigeria | N/A | N/A | 13.9 | N/A | 0% |
| Rwanda | 1.4 | N/A | N/A | N/A | 0% |
| United States | 0.2 | N/A | N/A | N/A | 0% |
| Cote d'Ivoire | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
| Others | N/A | N/A | N/A | 9.0 | 0% |
| Total | 12.5 | 16.9 | 21.3 | 19.1 | 15.2% |
Top Export Markets for Industrial Bakery Machinery from Ghana in 2022:
- Rwanda (1.0 units)
- Italy (1.0 units)
- Cote d'Ivoire (1.0 units)
- Burkina Faso (1.0 units)
This report provides an in-depth analysis of the industrial bakery machinery 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 28931713 - Industrial bakery machinery (excluding non-electric ovens)
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- 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
-
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
-
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
296
This report provides an in-depth analysis of the industrial bakery machinery market in Ghana.
249
This report provides an in-depth analysis of the industrial brewery machinery market in Ghana.
316
This report provides an in-depth analysis of the confectionery-making industrial machinery market in Ghana.
278
This report provides an in-depth analysis of the sugar-manufacturing industrial machinery market in Ghana.
260
This report provides an in-depth analysis of the fruit-preparation industrial machinery market in Ghana.
294
This report provides an in-depth analysis of the meat-preparation industrial machinery market in Ghana.
228
This report provides an in-depth analysis of the food manufacture machinery market in Ghana.
753
This report provides an in-depth analysis of the global industrial bakery machinery market.
354
Global Spaghetty-Making Industrial Machinery Market Report 2018. This report provides an in-depth analysis of the global spaghetty-making industrial machinery market.
492
This report provides an in-depth analysis of the global industrial brewery machinery market.
Nothing found. Please try again.
