Ghana: Market for Coffee (Decaffeinated or Roasted) 2024

Market Size for Coffee (Decaffeinated or Roasted) in Ghana

The Ghanian decaffeinated or roasted coffee market contracted to $X in 2022, reducing by X% against the previous year. In general, the total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Decaffeinated or roasted coffee consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Coffee (Decaffeinated or Roasted) in Ghana

In value terms, decaffeinated or roasted coffee production reduced to $X in 2022 estimated in export price. Over the period under review, the total production indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Coffee (Decaffeinated or Roasted)

Exports from Ghana

Decaffeinated or roasted coffee exports from Ghana surged to X tons in 2022, increasing by X% on the year before. In general, exports, however, continue to indicate a abrupt contraction. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, decaffeinated or roasted coffee exports soared to $X in 2022. Over the period under review, exports, however, showed a abrupt descent. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X tons), Gambia (X tons) and France (X tons) were the main destinations of decaffeinated or roasted coffee exports from Ghana, with a combined X% share of total exports. Cote d'Ivoire, Belgium and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Cote d'Ivoire (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Italy ($X) remains the key foreign market for coffee (decaffeinated or roasted) exports from Ghana, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Cote d'Ivoire, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Italy amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Cote d'Ivoire (X% per year).

Export Prices by Country

The average decaffeinated or roasted coffee export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price recorded a deep slump. The growth pace was the most rapid in 2016 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per ton), while the average price for exports to Gambia ($X 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 Italy (X%), while the prices for the other major destinations experienced a decline.

Imports of Coffee (Decaffeinated or Roasted)

Imports into Ghana

In 2022, after two years of growth, there was significant decline in supplies from abroad of coffee (decaffeinated or roasted), when their volume decreased by X% to X tons. In general, imports, however, posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2021, and then declined significantly in the following year.

In value terms, decaffeinated or roasted coffee imports reduced notably to $X in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then contracted notably in the following year.

Imports by Country

Switzerland (X tons), Italy (X tons) and Lebanon (X tons) were the main suppliers of decaffeinated or roasted coffee imports to Ghana, together accounting for X% of total imports. South Africa, Germany, Spain, the UK, the United Arab Emirates, Portugal, Canada, the United States and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) constituted the largest supplier of coffee (decaffeinated or roasted) to Ghana, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Lebanon, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Switzerland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Lebanon (X% per year).

Import Prices by Country

The average decaffeinated or roasted coffee import price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the average import price increased by X%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for South Africa ($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 Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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