Report Update Nov 1, 2024

Ghana - Escalators and Moving Walkways - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Escalator Market 2024

Escalator Market Size in Ghana

The Ghanian escalator market declined modestly to $X in 2022, reducing by -1.9% against the previous year. Overall, consumption recorded a perceptible setback. Escalator consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Escalator Production in Ghana

In value terms, escalator production fell slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2014 when the production volume increased by 62% against the previous year. Escalator production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Escalator Exports

Exports from Ghana

In 2017, the amount of escalators and moving WalkWays exported from Ghana totaled less than X units, remaining stable against 2016 figures. Overall, exports recorded a relatively flat trend pattern. The smallest decline of 99.9% was in 2014. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2017, the exports stood at a somewhat lower figure.

In value terms, escalator exports totaled $X in 2017. In general, exports showed a precipitous contraction. The smallest decline of 99.9% was in 2014. The exports peaked at $X in 2013; however, from 2014 to 2017, the exports failed to regain momentum.

Escalator Imports

Imports into Ghana

In 2022, escalator imports into Ghana shrank to X units, waning by -11.1% on 2021. Over the period under review, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2015 with an increase of 155% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, escalator imports contracted remarkably to $X in 2022. In general, imports showed a perceptible curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 453%. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X units), India (X units) and South Africa (X units) were the main suppliers of escalator imports to Ghana, with a combined 38% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of 0.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of escalators and moving WalkWays to Ghana, comprising 63% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 24% share of total imports. It was followed by Italy, with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -5.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+61.1% per year) and Italy (+3.6% per year).

Import Prices by Country

The average escalator import price stood at $X per unit in 2022, falling by -33.6% against the previous year. Over the period under review, the import price, however, enjoyed a moderate increase. The most prominent rate of growth was recorded in 2020 an increase of 426% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 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 China ($X per unit), while the price for the United States ($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 Netherlands (+61.1%), 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 escalators and moving walkways in the world?

The countries with the highest volumes of in 2021 were India, China and the United States, together comprising 60% of global consumption.

What are the largest producers of escalators and moving walkways in the world?

The countries with the highest volumes of in 2021 were India, China and the United States, together comprising 66% of global production.

What are the leading suppliers of escalators and moving walkways to Ghana?

In value terms, Italy constituted the largest supplier of escalator to Ghana, comprising 16% of total imports. The second position in the ranking was occupied by the UK $241), with a 0.8% share of total imports.

What is the average export price for escalators and moving walkways in Ghana?

In 2013, the average escalator export price amounted to $22,071 per unit, stabilizing at the previous year.

What is the average import price for escalators and moving walkways in Ghana?

The average escalator import price stood at $7,871 per unit in 2021, remaining stable against the previous year.

This report provides an in-depth analysis of the escalator 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 28221670 - Escalators and moving walkways

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