Ghana: Market for Dog And Cat Food 2024

Market Size for Dog And Cat Food in Ghana

After two years of decline, the Ghanian dog and cat food market increased by 11% to $X in 2021. Over the period under review, consumption, however, continues to indicate a abrupt descent. Dog and cat food consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Dog And Cat Food in Ghana

In value terms, dog and cat food production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, saw a deep slump. The pace of growth was the most pronounced in 2018 with an increase of 50%. Dog and cat food production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Dog And Cat Food

Exports from Ghana

In 2021, after two years of growth, there was significant decline in shipments abroad of dog and cat food, when their volume decreased by -62.4% to X tons. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,624% against the previous year. As a result, the exports reached the peak of X tons, and then shrank rapidly in the following year.

In value terms, dog and cat food exports reduced sharply to $X in 2021. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 507% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020, and then declined notably in the following year.

Exports by Country

Burkina Faso (X kg), Togo (X kg) and Cote d'Ivoire (X kg) were the main destinations of dog and cat food exports from Ghana, together comprising 99% of total exports.

From 2012 to 2021, the biggest increases were recorded for Burkina Faso (with a CAGR of +202.5%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for dog and cat food exported from Ghana were Cote d'Ivoire ($X), Burkina Faso ($X) and Togo ($X), with a combined 94% share of total exports.

Among the main countries of destination, Burkina Faso, with a CAGR of +128.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average dog and cat food export price amounted to $X per ton, reducing by -1.9% against the previous year. Overall, the export price recorded a abrupt downturn. The growth pace was the most rapid in 2016 an increase of 102%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Liberia ($X per ton), while the average price for exports to Burkina Faso ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Liberia (+16.3%), while the prices for the other major destinations experienced a decline.

Imports of Dog And Cat Food

Imports into Ghana

In 2021, approx. X tons of dog and cat food were imported into Ghana; dropping by -40% on the year before. In general, imports, however, posted a moderate increase. The most prominent rate of growth was recorded in 2017 with an increase of 54% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020, and then declined notably in the following year.

In value terms, dog and cat food imports reduced dramatically to $X in 2021. Over the period under review, imports, however, continue to indicate perceptible growth. The pace of growth appeared the most rapid in 2020 when imports increased by 44%. As a result, imports attained the peak of $X, and then contracted markedly in the following year.

Imports by Country

The United States (X tons), Lithuania (X tons) and South Africa (X tons) were the main suppliers of dog and cat food imports to Ghana, together comprising 48% of total imports. These countries were followed by China, Turkey, Italy, Portugal, the UK and Belgium, which together accounted for a further 19%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +74.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Lithuania ($X) and China ($X) appeared to be the largest dog and cat food suppliers to Ghana, with a combined 52% share of total imports. South Africa, Turkey, Italy, Portugal, the UK and Belgium lagged somewhat behind, together comprising a further 14%.

In terms of the main suppliers, Turkey, with a CAGR of +82.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average dog and cat food import price stood at $X per ton in 2021, stabilizing at the previous year. In general, the import price saw a slight downturn. The growth pace was the most rapid in 2015 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, 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 United States ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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