Report Update Jan 1, 2025

Ghana - Airplanes and Other Aircraft - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Aircraft Market 2025

Aircraft Market Size in Ghana

In 2022, the Ghanian aircraft market was finally on the rise to reach $X after two years of decline. In general, consumption recorded a perceptible decrease. Aircraft consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Aircraft Production in Ghana

In value terms, aircraft production reduced notably to $X in 2022 estimated in export price. Over the period under review, production faced a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of 52%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Aircraft Exports

Exports from Ghana

In 2022, overseas shipments of airplanes and other aircraft decreased by 0% to X units for the first time since 2017, thus ending a four-year rising trend. In general, exports recorded a noticeable shrinkage. The growth pace was the most rapid in 2021 with an increase of 50%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, aircraft exports soared to $X in 2022. Overall, exports continue to indicate a remarkable increase. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Rwanda (X units) was the main destination for aircraft exports from Ghana, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Rwanda amounted to +50.0%.

In value terms, Rwanda ($X) emerged as the key foreign market for airplanes and other aircraft exports from Ghana.

From 2012 to 2022, the average annual growth rate of value to Rwanda stood at +192.9%.

Export Prices by Country

The average aircraft export price stood at $X per unit in 2022, increasing by 25% against the previous year. In general, the export price saw a strong increase. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Rwanda.

From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to +95.2% per year.

Aircraft Imports

Imports into Ghana

In 2022, imports of airplanes and other aircraft into Ghana amounted to X units, surging by 7.1% on 2021. In general, imports, however, saw a abrupt downturn. The growth pace was the most rapid in 2019 with an increase of 167%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, aircraft imports soared to $X in 2022. Over the period under review, imports, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2017 when imports increased by 3,179%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Switzerland (X units) constituted the largest aircraft supplier to Ghana, accounting for a 67% share of total imports. Moreover, aircraft imports from Switzerland exceeded the figures recorded by the second-largest supplier, the United States (X units), fivefold. The Netherlands (X units) ranked third in terms of total imports with a 6.7% share.

From 2012 to 2022, the average annual growth rate of volume from Switzerland amounted to +25.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+7.2% per year) and the Netherlands (0.0% per year).

In value terms, Switzerland ($X) constituted the largest supplier of airplanes and other aircraft to Ghana, comprising 60% of total imports. The second position in the ranking was taken by the United States ($X), with a 16% share of total imports. It was followed by the Netherlands, with an 8.1% share.

From 2012 to 2022, the average annual growth rate of value from Switzerland amounted to +48.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+36.0% per year) and the Netherlands (+377.2% per year).

Import Prices by Country

In 2022, the average aircraft import price amounted to $X per unit, growing by 33% against the previous year. Over the period under review, the import price recorded strong growth. The pace of growth appeared the most rapid in 2017 when the average import price increased by 2,086%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($X per unit) and the United States ($X per unit), while the price for Switzerland ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+377.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for airplanes and other aircraft in the world?

Belgium constituted the country with the largest volume of aircraft consumption, comprising approx. 31% of total volume. Moreover, aircraft consumption in Belgium exceeded the figures recorded by the second-largest consumer, Brazil, threefold. Kyrgyzstan ranked third in terms of total consumption with a 6.4% share.

What are the largest producers of airplanes and other aircraft in the world?

China constituted the country with the largest volume of aircraft production, comprising approx. 59% of total volume. Moreover, aircraft production in China exceeded the figures recorded by the second-largest producer, Turkey, ninefold. The third position in this ranking was occupied by Israel, with a 5.9% share.

What are the leading suppliers of airplanes and other aircraft to Ghana?

In value terms, the largest aircraft suppliers to Ghana were the United States and China.

What is the average export price for airplanes and other aircraft in Ghana?

The average aircraft export price stood at $12,475 per unit in 2021, with a decrease of -44.4% against the previous year.

What is the average import price for airplanes and other aircraft in Ghana?

The average aircraft import price stood at $21,905 per unit in 2021, increasing by 9.2% against the previous year.

This report provides an in-depth analysis of the aircraft 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 30303200 - Aeroplanes and other aircraft of an unladen weight . 2 .000 kg, for civil use

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024