Report Update Nov 1, 2024

Ghana - Extracts of Glands or Other Organs or of Their Secretions - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Ghana: Organ Extracts Market 2024

Organ Extracts Market Size in Ghana

In 2021, the Ghanian organ extracts market decreased by -22.8% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2020, and then shrank significantly in the following year.

Organ Extracts Exports

Exports from Ghana

In 2021, overseas shipments of extracts of glands or other organs or of their secretions were finally on the rise to reach X kg after three years of decline. Overall, exports, however, saw a abrupt setback. The exports peaked at X kg in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, organ extracts exports surged to $X in 2021. Over the period under review, exports, however, showed a dramatic decrease. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X kg) was the main destination for organ extracts exports from Ghana, with a 93% share of total exports. Moreover, organ extracts exports to Canada exceeded the volume sent to the second major destination, the Netherlands (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada totaled +27.4%.

In value terms, the largest markets for organ extracts exported from Ghana were the Netherlands ($X) and Canada ($X).

Canada, with a CAGR of +25.4%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

The average organ extracts export price stood at $X per ton in 2021, surging by 21% against the previous year. In general, the export price, however, saw a precipitous decrease. The growth pace was the most rapid in 2013 an increase of 93% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Canada stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-1.4%).

Organ Extracts Imports

Imports into Ghana

In 2021, overseas purchases of extracts of glands or other organs or of their secretions increased by 10% to X tons, rising for the second year in a row after two years of decline. Overall, imports recorded notable growth. The most prominent rate of growth was recorded in 2015 when imports increased by 233%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, organ extracts imports contracted markedly to $X in 2021. In general, imports saw strong growth. The most prominent rate of growth was recorded in 2015 with an increase of 345% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, India (X kg) constituted the largest organ extracts supplier to Ghana, accounting for a 75% share of total imports. Moreover, organ extracts imports from India exceeded the figures recorded by the second-largest supplier, Germany (X kg), eightfold. The third position in this ranking was taken by the UK (X kg), with a 3.2% share.

From 2012 to 2021, the average annual growth rate of volume from India amounted to +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+31.6% per year) and the UK (+22.9% per year).

In value terms, India ($X), Germany ($X) and the UK ($X) were the largest organ extracts suppliers to Ghana, with a combined 68% share of total imports.

In terms of the main suppliers, the UK, with a CAGR of +20.8%, 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 organ extracts import price stood at $X per ton in 2021, waning by -34.4% against the previous year. In general, the import price, however, recorded temperate growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 95%. Over the period under review, average import prices attained the peak figure at $X per ton in 2020, and then declined sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+119.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for extracts of glands or other organs or of their secretions in the world?

The country with the largest volume of organ extracts consumption was Germany, accounting for 92% of total volume. It was followed by the United States, with a 2.6% share of total consumption.

What are the largest producers of extracts of glands or other organs or of their secretions in the world?

The countries with the highest volumes of organ extracts production in 2021 were the United States, Austria and Cuba, together comprising 72% of global production. Denmark, Spain, Italy and Australia lagged somewhat behind, together comprising a further 20%.

What are the leading suppliers of extracts of glands or other organs or of their secretions to Ghana?

In value terms, the largest organ extracts suppliers to Ghana were India, Germany and the UK, together accounting for 75% of total imports. These countries were followed by Nigeria and Belgium, which together accounted for a further 1.8%.

What are the leading importers of extracts of glands or other organs or of their secretions from Ghana?

In value terms, Canada $131) remains the key foreign market for organ extracts exports from Ghana.

What is the average export price for extracts of glands or other organs or of their secretions in Ghana?

In 2021, the average organ extracts export price amounted to $117,250 per ton, reducing by -12.1% against the previous year.

What is the average import price for extracts of glands or other organs or of their secretions in Ghana?

In 2021, the average organ extracts import price amounted to $38,214 per ton, increasing by 3.2% against the previous year.

This report provides an in-depth analysis of the organ extracts 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 21106020 - Extracts of glands or other organs or of their secretions (for organo-therapeutic uses)

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