Report Update Feb 1, 2025

Ghana - Apricots - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Apricot Market 2025

Apricot Market Size in Ghana

After three years of decline, the Ghanian apricot market increased by 2% to $X in 2022. Overall, consumption enjoyed a buoyant expansion. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Apricot Production in Ghana

In value terms, apricot production reached $X in 2022 estimated in export price. Over the period under review, production showed prominent growth. The pace of growth appeared the most rapid in 2019 when the production volume increased by 39% against the previous year. Apricot production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The average yield of apricots in Ghana stood at less than X kg per ha in 2022, standing approx. at the year before. Over the period under review, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of apricots were harvested in Ghana; stabilizing at 2021 figures. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern.

Apricot Exports

Exports from Ghana

In 2022, overseas shipments of apricots increased by 33% to X kg for the first time since 2012, thus ending a nine-year declining trend. Over the period under review, exports, however, saw a precipitous decrease. Over the period under review, the exports attained the peak figure at X kg in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, apricot exports dropped to $X in 2022. In general, exports, however, saw a precipitous contraction. The growth pace was the most rapid in 2021 when exports increased by 27% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Luxembourg (X kg) was the main destination for apricot exports from Ghana, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Luxembourg totaled -28.5%.

In value terms, Luxembourg ($X) also remains the key foreign market for apricots exports from Ghana.

From 2012 to 2022, the average annual growth rate of value to Luxembourg amounted to -21.4%.

Export Prices by Country

In 2022, the average apricot export price amounted to $X per ton, which is down by -32.9% against the previous year. In general, the export price, however, recorded strong growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 69% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell remarkably in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Luxembourg amounted to +10.0% per year.

Apricot Imports

Imports into Ghana

In 2022, purchases abroad of apricots increased by 0.5% to X kg, rising for the second year in a row after two years of decline. Over the period under review, imports enjoyed resilient growth. The pace of growth was the most pronounced in 2018 with an increase of 957%. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, apricot imports reached $X in 2022. In general, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 649% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the Netherlands (X kg) constituted the largest supplier of apricot to Ghana, accounting for a 89% share of total imports. Moreover, apricot imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Turkey (X kg), more than tenfold. The United Arab Emirates (X kg) ranked third in terms of total imports with a 2.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands amounted to +56.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-14.1% per year) and the United Arab Emirates (-2.5% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of apricots to Ghana, comprising 87% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 6.5% share of total imports. It was followed by Turkey, with a 3% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands stood at +51.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+13.3% per year) and Turkey (-17.0% per year).

Import Prices by Country

The average apricot import price stood at $X per ton in 2022, picking up by 2.2% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 28% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average 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 the United Arab Emirates ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+16.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for apricots in the world?

The countries with the highest volumes of apricot consumption in 2021 were Turkey, Uzbekistan and Iran, together comprising 42% of global consumption. These countries were followed by Italy, Algeria, Russia, France, Pakistan, Afghanistan, Greece, Morocco, Ukraine and Egypt, which together accounted for a further 32%.

What are the largest producers of apricots in the world?

The countries with the highest volumes of apricot production in 2021 were Turkey, Uzbekistan and Iran, with a combined 44% share of global production. Italy, Algeria, Spain, Afghanistan, Greece, France, Morocco, Pakistan, Egypt and Japan lagged somewhat behind, together comprising a further 33%.

What are the leading suppliers of apricots to Ghana?

In value terms, the largest apricot suppliers to Ghana were the United Arab Emirates $742), the Netherlands $497) and France $208), together accounting for 81% of total imports.

What are the leading importers of apricots from Ghana?

In value terms, Luxembourg $14) remains the key foreign market for apricot exports from Ghana.

What is the average export price for apricots in Ghana?

In 2021, the average apricot export price amounted to $3,500 per ton, falling by -6.7% against the previous year.

What is the average import price for apricots in Ghana?

The average apricot import price stood at $2,698 per ton in 2021, dropping by -3.5% against the previous year.

This report provides an in-depth analysis of the apricot 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:

FCL 526 - Apricots

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:

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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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024