Ghana - Tableware And Kitchenware Of Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wood Kitchenware and Tableware in Ghana - 2022
Contents:
- Price for Wood Kitchenware and Tableware in Ghana (CIF) - 2022
- Price for Wood Kitchenware and Tableware in Ghana (FOB) - 2022
- Imports of Wood Kitchenware and Tableware in Ghana
- Exports of Wood Kitchenware and Tableware in Ghana
Price for Wood Kitchenware and Tableware in Ghana (CIF) - 2022
The average wood kitchenware and tableware import price stood at $3,380 per ton in 2022, waning by -20.9% against the previous year. Overall, the import price, however, enjoyed a temperate increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 87%. Over the period under review, average import prices hit record highs at $4,271 per ton in 2021, and then dropped dramatically in the following year.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +9.5% per year.
Price for Wood Kitchenware and Tableware in Ghana (FOB) - 2022
The average wood kitchenware and tableware export price stood at $1,212 per ton in 2022, which is down by -2.9% against the previous year. In general, the export price recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2013 an increase of 26%. As a result, the export price attained the peak level of $2,200 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($8,008 per ton), while the average price for exports to Burkina Faso ($204 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 (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood Kitchenware and Tableware in Ghana
In 2022, the amount of tableware and kitchenware of wood imported into Ghana expanded remarkably to 140 tons, increasing by 14% against 2021. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.1% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 56% against the previous year. As a result, imports attained the peak of 158 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, wood kitchenware and tableware imports declined to $475K in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 73%.
Import of Wood Kitchenware and Tableware in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | N/A | 424 | 525 | 475 | 5.8% |
United Kingdom | 234 | N/A | N/A | N/A | 0% |
Others | 11.3 | N/A | N/A | N/A | 0% |
Total | 245 | 424 | 525 | 475 | 24.7% |
Top Suppliers of Wood Kitchenware and Tableware to Ghana in 2022:
- United Arab Emirates (140.4 tons)
Exports of Wood Kitchenware and Tableware in Ghana
In 2022, after three years of growth, there was significant decline in shipments abroad of tableware and kitchenware of wood, when their volume decreased by -15.3% to 19 tons. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 78%.
In value terms, wood kitchenware and tableware exports shrank remarkably to $23K in 2022. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 122%.
Export of Wood Kitchenware and Tableware in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1.7 | 1.7 | 6.4 | 4.8 | 41.3% |
Canada | 1.9 | 0.8 | 3.5 | 4.0 | 28.2% |
Belgium | 0.1 | 0.7 | 3.2 | 3.0 | 210.7% |
United Kingdom | 0.9 | 5.6 | 5.0 | 1.3 | 13.0% |
Togo | N/A | N/A | 0.9 | 1.0 | 11.1% |
Burkina Faso | 0.1 | 0.2 | 0.4 | 1.0 | 115.4% |
France | N/A | N/A | N/A | 0.3 | 0% |
Cote d'Ivoire | 1.2 | 1.9 | 0.2 | 0.1 | -56.3% |
Niger | 0.3 | 5.5 | 0.5 | N/A | 29.1% |
Others | 2.0 | 1.6 | 7.7 | 7.5 | 55.4% |
Total | 8.1 | 18.0 | 27.9 | 22.9 | 41.4% |
Top Export Markets for Wood Kitchenware and Tableware from Ghana in 2022:
- Burkina Faso (4.7 tons)
- Belgium (3.7 tons)
- Togo (1.2 tons)
- Canada (0.7 tons)
- United States (0.6 tons)
- United Kingdom (0.5 tons)
- France (0.4 tons)
- Cote d'Ivoire (0.3 tons)
This report provides an in-depth analysis of the market for wood kitchenware and tableware 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 16291200 - Tableware and kitchenware of wood
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
-
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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