Report Update Nov 1, 2024

Ghana - Frozen Pig Meat - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Market for Frozen Pig Meat Other Than Cuts Or Carcases 2024

Market Size for Frozen Pig Meat Other Than Cuts Or Carcases in Ghana

In 2022, after four years of growth, there was decline in the Ghanian market for frozen pig meat other than cuts or carcases, when its value decreased by -0.8% to $X. Overall, consumption recorded a significant increase. Consumption of peaked at $X in 2021, and then contracted in the following year.

Exports of Frozen Pig Meat Other Than Cuts Or Carcases

Exports from Ghana

In 2016, approx. X kg of frozen pig meat other than cuts or carcases were exported from Ghana; standing approx. at 2015. In general, exports faced a sharp decline. The smallest decline of 99.9% was in 2013. Over the period under review, the exports of attained the maximum at X tons in 2012; however, from 2013 to 2016, the exports failed to regain momentum.

In value terms, exports of frozen pig meat other than cuts or carcases totaled $X in 2016. Over the period under review, exports showed a precipitous slump. The smallest decline of 99.9% was in 2013. Over the period under review, the exports of attained the peak figure at $X in 2012; however, from 2013 to 2016, the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire (X kg) was the main destination for exports of frozen pig meat other than cuts or carcases from Ghana, accounting for a approx. 100% share of total exports.

From 2012 to 2016, the average annual growth rate of volume to Cote d'Ivoire was relatively modest.

From 2012 to 2016, the average annual rate of growth in terms of value to Cote d'Ivoire was relatively modest.

Export Prices by Country

The average export price for frozen pig meat other than cuts or carcases stood at $X per ton in 2016, standing approx. at the previous year. Overall, the export price continues to indicate a sharp slump. The most prominent rate of growth was recorded in 2013 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2016, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2016, the rate of growth in terms of prices for Cote d'Ivoire amounted to 0.0% per year.

Imports of Frozen Pig Meat Other Than Cuts Or Carcases

Imports into Ghana

Imports of frozen pig meat other than cuts or carcases into Ghana rose significantly to X tons in 2022, increasing by 8.7% compared with the previous year's figure. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 503% against the previous year. Over the period under review, imports of hit record highs at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of frozen pig meat other than cuts or carcases declined slightly to $X in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 570%. Imports peaked at $X in 2021, and then reduced modestly in the following year.

Imports by Country

The Netherlands (X tons), Poland (X tons) and Denmark (X tons) were the main suppliers of imports of frozen pig meat other than cuts or carcases to Ghana, with a combined 32% share of total imports. France, the UK, the United States, Germany, Canada, Belgium, New Zealand, Portugal, Ireland and Italy lagged somewhat behind, together accounting for a further 14%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +62.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of frozen pig meat other than cuts or carcases to Ghana, comprising 22% of total imports. The second position in the ranking was held by Poland ($X), with an 8.3% share of total imports. It was followed by the UK, with a 2.9% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands amounted to +56.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+22.4% per year) and the UK (+12.7% per year).

Import Prices by Country

In 2022, the average import price for frozen pig meat other than cuts or carcases amounted to $X per ton, which is down by -10.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 24% against the previous year. As a result, import price attained the peak level of $X per ton, and then reduced in the following year.

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 Canada ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+7.7%), 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 frozen pig meat other than cuts or carcases in the world?

China constituted the country with the largest volume of consumption of frozen pig meat other than cuts or carcases, comprising approx. 49% of total volume. Moreover, consumption of frozen pig meat other than cuts or carcases in China exceeded the figures recorded by the second-largest consumer, Japan, sevenfold. The third position in this ranking was occupied by South Korea, with a 6.1% share.

What are the largest producers of frozen pig meat other than cuts or carcases in the world?

The countries with the highest volumes of production of frozen pig meat other than cuts or carcases in 2020 were Spain, the United States and Germany, together comprising 47% of global production. These countries were followed by Brazil, Denmark, Canada, the Netherlands, France, Poland, Mexico, the UK, Chile and Russia, which together accounted for a further 48%.

What are the leading suppliers of frozen pig meat other than cuts or carcases to Ghana?

In value terms, the largest frozen pig meat other than cuts or carcases suppliers to Ghana were Canada, the United States and Lithuania, with a combined 44% share of total imports.

What is the average export price for frozen pig meat other than cuts or carcases in Ghana?

The average export price for frozen pig meat other than cuts or carcases stood at $1,016 per ton in 2016, approximately reflecting the previous year.

What is the average import price for frozen pig meat other than cuts or carcases in Ghana?

In 2020, the average import price for frozen pig meat other than cuts or carcases amounted to $906 per ton, standing approx. at the previous year.

This report provides an in-depth analysis of the market for frozen pig meat other than cuts or carcases 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 10113290 - Frozen pig meat (excluding carcases and half-carcases, h ams, shoulders and cuts thereof with bone in)

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, PRODUCING ANIMALS AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Producing Animals Slaughtered, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023