Ghana - Safety Seat Belts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSafety Seat Belt Price in Ghana - 2022
Contents:
- Safety Seat Belt Price in Ghana (CIF) - 2022
- Safety Seat Belt Price in Ghana (FOB) - 2022
- Safety Seat Belt Imports in Ghana
- Safety Seat Belt Exports in Ghana
Safety Seat Belt Price in Ghana (CIF) - 2022
The average safety seat belt import price stood at $5.1 per unit in 2022, which is down by -1.9% against the previous year. Over the period under review, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2013 when the average import price increased by 144% against the previous year. As a result, import price attained the peak level of $26 per unit. From 2014 to 2022, the average import prices failed to regain momentum.
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 Portugal ($82 per unit), while the price for Italy ($3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+53.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Safety Seat Belt Price in Ghana (FOB) - 2022
The average safety seat belt export price stood at $54 per unit in 2022, growing by 17% against the previous year. In general, the export price continues to indicate measured growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 121%. The export price peaked at $82 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Burkina Faso ($72 per unit), while the average price for exports to Belgium stood at $50 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+21.6%), while the prices for the other major destinations experienced mixed trend patterns.
Safety Seat Belt Imports in Ghana
In 2022, approx. 26K units of safety seat belts were imported into Ghana; with an increase of 13% compared with the previous year. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.5% 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 -10.2% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 81%. As a result, imports reached the peak of 29K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, safety seat belt imports rose remarkably to $130K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +19.2% 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 -8.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 86% against the previous year. As a result, imports attained the peak of $143K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Safety Seat Belt in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 13.3 | 29.2 | 20.8 | 37.2 | 40.9% |
| United States | 0.9 | 12.8 | 14.2 | 21.3 | 187.1% |
| Finland | 5.0 | 11.0 | 7.9 | 14.1 | 41.3% |
| South Africa | 12.1 | 2.8 | 3.3 | 7.6 | -14.4% |
| Canada | 4.4 | 7.9 | 4.6 | 6.7 | 15.0% |
| Germany | 1.2 | 3.9 | 3.9 | 6.6 | 76.5% |
| Belgium | 7.9 | 2.4 | 3.2 | 3.2 | -26.0% |
| Italy | 2.6 | 13.4 | 13.1 | 3.0 | 4.9% |
| South Korea | 3.2 | 4.6 | 2.0 | 2.9 | -3.2% |
| Ireland | 1.9 | 3.2 | 1.7 | 2.3 | 6.6% |
| China | 3.6 | 5.9 | 0.8 | 0.9 | -37.0% |
| United Kingdom | 2.2 | 14.2 | 14.5 | 0.2 | -55.0% |
| Bulgaria | N/A | 9.0 | 10.0 | N/A | 11.1% |
| Others | 18.4 | 22.1 | 17.5 | 23.7 | 8.8% |
| Total | 76.8 | 143 | 117 | 130 | 19.2% |
Top Suppliers of Safety Seat Belt to Ghana in 2022:
- Brazil (1.6K units)
- Finland (1.2K units)
- Italy (1.0K units)
- United States (0.4K units)
- South Korea (0.3K units)
- Canada (0.2K units)
- South Africa (0.2K units)
- China (0.2K units)
- Germany (0.1K units)
- Ireland (0.1K units)
- Belgium (0.1K units)
Safety Seat Belt Exports in Ghana
In 2022, after three years of growth, there was significant decline in shipments abroad of safety seat belts, when their volume decreased by -36% to 130 units. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 256%. As a result, the exports attained the peak of 203 units, and then reduced markedly in the following year.
In value terms, safety seat belt exports shrank dramatically to $7K in 2022. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 99%. As a result, the exports reached the peak of $9.3K, and then declined remarkably in the following year.
| Export of Safety Seat Belt in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.3 | 1.3 | 7.1 | 5.3 | 160.4% |
| Burkina Faso | 2.4 | 3.3 | 2.2 | 1.6 | -12.6% |
| Cote d'Ivoire | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.8 | 4.7 | 9.3 | 7.0 | 35.7% |
Top Export Markets for Safety Seat Belt from Ghana in 2022:
- Belgium (107.0 units)
- Burkina Faso (23.0 units)
This report provides an in-depth analysis of the safety seat belt 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 29322030 - Safety seat belts
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
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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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