Ghana: Market for Dentist And Barber Chairs 2024

Market Size for Dentist And Barber Chairs in Ghana

The Ghanian dentist or barber chair market skyrocketed to $X in 2022, increasing by 81% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed prominent growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Exports of Dentist And Barber Chairs

Exports from Ghana

In 2022, dentist or barber chair exports from Ghana skyrocketed to X units, growing by 15% on the previous year's figure. In general, exports showed strong growth. The most prominent rate of growth was recorded in 2019 with an increase of 62% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, dentist or barber chair exports shrank to $X in 2022. Over the period under review, exports recorded a measured expansion. The most prominent rate of growth was recorded in 2019 with an increase of 39%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Burkina Faso (X units), Cote d'Ivoire (X units) and Germany (X units) were the main destinations of dentist or barber chair exports from Ghana, together accounting for 82% of total exports.

From 2012 to 2022, the biggest increases were recorded for Burkina Faso (with a CAGR of +47.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X) remains the key foreign market for dentist and barber chairs exports from Ghana, comprising 63% of total exports. The second position in the ranking was held by Burkina Faso ($X), with a 21% share of total exports. It was followed by Mali, with a 7.7% share.

From 2012 to 2022, the average annual growth rate of value to Cote d'Ivoire amounted to +8.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (+26.6% per year) and Mali (-0.2% per year).

Export Prices by Country

In 2022, the average dentist or barber chair export price amounted to $X per unit, with a decrease of -19.6% against the previous year. Over the period under review, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2013 when the average export price increased by 15% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per unit), while the average price for exports to Sierra Leone ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+1.3%), while the prices for the other major destinations experienced a decline.

Imports of Dentist And Barber Chairs

Imports into Ghana

In 2022, approx. X units of dentist and barber chairs were imported into Ghana; increasing by 88% compared with 2021. Overall, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2014 with an increase of 457%. Over the period under review, imports hit record highs at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, dentist or barber chair imports skyrocketed to $X in 2022. In general, imports posted buoyant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 670%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of dentist or barber chair to Ghana, accounting for a 40% share of total imports. Moreover, dentist or barber chair imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X units), twofold. The third position in this ranking was taken by Australia (X units), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +30.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+14.9% per year) and Australia (+37.5% per year).

In value terms, China ($X) constituted the largest supplier of dentist and barber chairs to Ghana, comprising 67% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 5.2% share of total imports. It was followed by Belgium, with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +42.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+28.1% per year) and Belgium (+9.9% per year).

Import Prices by Country

The average dentist or barber chair import price stood at $X per unit in 2022, with a decrease of -6.8% against the previous year. In general, the import price, however, recorded a noticeable increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 38% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Australia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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