Report Update Nov 1, 2024

Ghana - Frozen Whole Turkeys - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Frozen Whole Turkey Market 2024

Frozen Whole Turkey Market Size in Ghana

The Ghanian frozen whole turkey market skyrocketed to $X in 2022, with an increase of 24% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a significant expansion. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Frozen Whole Turkey Exports

Exports from Ghana

In 2016, approx. X kg of frozen whole turkeys were exported from Ghana; stabilizing at 2015. Over the period under review, exports recorded a abrupt curtailment. The smallest decline of 99.9% was in 2013. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2016, the exports remained at a lower figure.

In value terms, frozen whole turkey exports totaled $X in 2016. In general, exports continue to indicate a sharp shrinkage. The smallest decline of 99.9% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2016, the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire (X kg) was the main destination for frozen whole turkey exports from Ghana, with a approx. 100% share of total exports.

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

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

Export Prices by Country

In 2016, the average frozen whole turkey export price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2013 a decrease of 99.9%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2016, the export prices remained at a lower figure.

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.

Frozen Whole Turkey Imports

Imports into Ghana

In 2022, frozen whole turkey imports into Ghana skyrocketed to X tons, rising by 34% compared with 2021. Overall, imports recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 264%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, frozen whole turkey imports soared to $X in 2022. In general, imports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2020 with an increase of 308%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of frozen whole turkey to Ghana, with a 59% share of total imports. Moreover, frozen whole turkey imports from France exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold. Canada (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from France amounted to +49.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+27.7% per year) and Canada (+17.4% per year).

In value terms, France ($X) constituted the largest supplier of frozen whole turkeys to Ghana, comprising 30% of total imports. The second position in the ranking was held by Italy ($X), with a 14% share of total imports. It was followed by the Netherlands, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France totaled +24.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+22.2% per year) and the Netherlands (+40.7% per year).

Import Prices by Country

In 2022, the average frozen whole turkey import price amounted to $X per ton, reducing by -12.8% against the previous year. Over the period under review, the import price showed a abrupt decline. The pace of growth was the most pronounced in 2021 when the average import price increased by 26%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 the Netherlands ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+6.5%), 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 frozen whole turkeys in the world?

China remains the largest frozen whole turkey consuming country worldwide, accounting for 20% of total volume. Moreover, frozen whole turkey consumption in China exceeded the figures recorded by the second-largest consumer, the U.S., twofold. India ranked third in terms of total consumption with a 8.2% share.

What are the largest producers of frozen whole turkeys in the world?

The countries with the highest volumes of frozen whole turkey production in 2019 were the U.S., China and India, together comprising 49% of global production. These countries were followed by France, Pakistan, Germany, Brazil, Canada, the UK, Italy, Turkey, Spain and South Korea, which together accounted for a further 32%.

What are the leading suppliers of frozen whole turkeys to Ghana?

In value terms, the largest frozen whole turkey suppliers to Ghana were France, Saudi Arabia and Canada, with a combined 68% share of total imports.

What is the average export price for frozen whole turkeys in Ghana?

The average frozen whole turkey export price stood at $1,014 per ton in 2016, leveling off at the previous year.

What is the average import price for frozen whole turkeys in Ghana?

In 2019, the average frozen whole turkey import price amounted to $1,034 per ton, with a decrease of -39.4% against the previous year.

This report provides an in-depth analysis of the frozen whole turkey 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 10122015 - Frozen whole turkeys

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