Report Update Nov 1, 2024

Ghana - Dextrins and Other Modified Starches - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Modified Starches Market 2024

Modified Starches Market Size in Ghana

The Ghanian modified starches market expanded markedly to $X in 2022, growing by 10% against the previous year. Over the period under review, consumption showed tangible growth. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Modified Starches Production in Ghana

In value terms, modified starches production expanded significantly to $X in 2022 estimated in export price. In general, production recorded temperate growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by 62%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Modified Starches Exports

Exports from Ghana

In 2022, approx. X tons of dextrins and other modified starches were exported from Ghana; falling by -32% compared with 2021 figures. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2014 when exports increased by 783%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, modified starches exports dropped significantly to $X in 2022. Over the period under review, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 638%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Zambia (X tons) was the main destination for modified starches exports from Ghana, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Zambia stood at +55.5%.

In value terms, Zambia ($X) emerged as the key foreign market for dextrins and other modified starches exports from Ghana.

From 2012 to 2022, the average annual rate of growth in terms of value to Zambia stood at +45.2%.

Export Prices by Country

In 2022, the average modified starches export price amounted to $X per ton, approximately reflecting the previous year. In general, the export price, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2020 an increase of 26%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 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 Zambia.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +119.1% per year.

Modified Starches Imports

Imports into Ghana

In 2022, the amount of dextrins and other modified starches imported into Ghana shrank sharply to X tons, waning by -17.4% against the previous year's figure. Overall, imports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 53%. As a result, imports attained the peak of X tons, and then fell notably in the following year.

In value terms, modified starches imports shrank to $X in 2022. In general, imports, however, posted a pronounced increase. The pace of growth was the most pronounced in 2014 with an increase of 42%. Over the period under review, imports reached the peak figure at $X in 2021, and then declined in the following year.

Imports by Country

China (X tons), the Netherlands (X tons) and France (X tons) were the main suppliers of modified starches imports to Ghana, with a combined 88% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +40.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), China ($X) and France ($X) were the largest modified starches suppliers to Ghana, with a combined 86% share of total imports.

China, with a CAGR of +44.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average modified starches import price stood at $X per ton in 2022, surging by 5.4% against the previous year. Over the period under review, the import price, however, saw a mild downturn. The pace of growth appeared the most rapid in 2014 an increase of 26% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 the United States ($X per ton), while the price for China ($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 States (+8.7%), 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 dextrins and other modified starches in the world?

China remains the largest modified starches consuming country worldwide, comprising approx. 17% of total volume. Moreover, modified starches consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 6.6% share.

What are the largest producers of dextrins and other modified starches in the world?

The countries with the highest volumes of in 2021 were China, the United States and Thailand, together comprising 30% of global production.

What are the leading suppliers of dextrins and other modified starches to Ghana?

In value terms, China constituted the largest supplier of modified starches to Ghana, comprising 78% of total imports. The second position in the ranking was occupied by Israel, with a 7.8% share of total imports. It was followed by Germany, with a 6.3% share.

What are the leading importers of dextrins and other modified starches from Ghana?

In value terms, Nigeria remains the key foreign market for modified starches exports from Ghana.

What is the average export price for dextrins and other modified starches in Ghana?

In 2021, the average modified starches export price amounted to $1,217 per ton, dropping by -13.5% against the previous year.

What is the average import price for dextrins and other modified starches in Ghana?

The average modified starches import price stood at $1,105 per ton in 2021, waning by -9.9% against the previous year.

This report provides an in-depth analysis of the modified starches 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 10621170 - Dextrins and other modified starches (including esterified or etherified, soluble starch, pregelatinised or swelling starch, d ialdehyde starch, starch treated with formaldehyde or epichlorohydrin)

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023