Ghana: Market for Fresh cheese (unripened or uncured cheese), including whey cheese and curd 2021

Market Size for Fresh cheese (unripened or uncured cheese), including whey cheese and curd in Ghana

In 2020, the Ghanian market for fresh cheese (unripened or uncured cheese), including whey cheese and curd increased by X% to $X, rising for the fourth year in a row after five years of decline. The market value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. As a result, consumption attained the peak level of $X. From 2012 to 2020, the growth of the market failed to regain the momentum.

Production of Fresh cheese (unripened or uncured cheese), including whey cheese and curd in Ghana

In value terms, production of fresh cheese (unripened or uncured cheese), including whey cheese and curd rose modestly to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a modest expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2012 to 2020, production growth failed to regain the momentum.

Exports of Fresh cheese (unripened or uncured cheese), including whey cheese and curd

Exports from Ghana

In 2020, shipments abroad of fresh cheese (unripened or uncured cheese), including whey cheese and curd decreased by X% to X kg, falling for the second consecutive year after two years of decline. Over the period under review, exports enjoyed a strong expansion. Exports peaked at X tons in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

In value terms, exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd amounted to $X in 2020. Overall, exports recorded slight growth. Exports peaked at $X in 2016; however, from 2017 to 2020, exports failed to regain the momentum.

Exports by Country

Finland (X tons) was the main destination for exports of fresh cheese (unripened or uncured cheese), including whey cheese and curd from Ghana, with a approx. X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to Finland amounted to +X%.

From 2007 to 2018, the average annual rate of growth in terms of value to Finland stood at +X%.

Export Prices by Country

The average export price for fresh cheese (unripened or uncured cheese), including whey cheese and curd stood at $X per ton in 2018, almost unchanged from the previous year. Over the period under review, the export price recorded a perceptible descent. The pace of growth appeared the most rapid in 2009 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per ton. From 2010 to 2018, the growth in terms of the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Finland.

From 2007 to 2018, the rate of growth in terms of prices for Finland amounted to +X% per year.

Imports of Fresh cheese (unripened or uncured cheese), including whey cheese and curd

Imports into Ghana

In 2020, after three years of growth, there was significant decline in supplies from abroad of fresh cheese (unripened or uncured cheese), including whey cheese and curd, when their volume decreased by -X% to X tons. Over the period under review, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Imports peaked at X tons in 2019, and then shrank sharply in the following year.

In value terms, imports of fresh cheese (unripened or uncured cheese), including whey cheese and curd contracted significantly to $X in 2020. Overall, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2019, and then shrank dramatically in the following year.

Imports by Country

Denmark (X tons), Belgium (X tons) and Poland (X tons) were the main suppliers of imports of fresh cheese (unripened or uncured cheese), including whey cheese and curd to Ghana, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fresh cheese (unripened or uncured cheese), including whey cheese and curd suppliers to Ghana were Denmark ($X), Poland ($X) and Brazil ($X), together accounting for X% of total imports. Belgium, Turkey and France lagged somewhat behind, together accounting for a further X the main suppliers, Belgium (+X% per year) 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

In 2020, the average import price for fresh cheese (unripened or uncured cheese), including whey cheese and curd amounted to $X per ton, increasing by X% against the previous year. Over the period under review, import price indicated a notable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, import price for fresh cheese (unripened or uncured cheese), including whey cheese and curd increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2011; however, from 2012 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Brazil ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :