Ghana: Market for Grapefruit Juice (Single Strength) 2024

Market Size for Grapefruit Juice (Single Strength) in Ghana

In 2021, the Ghanian grapefruit juice (single strength) market decreased by -10.6% to $X, falling for the fourth year in a row after two years of growth. In general, consumption continues to indicate a pronounced contraction. Grapefruit juice (single strength) consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Production of Grapefruit Juice (Single Strength) in Ghana

In value terms, grapefruit juice (single strength) production dropped slightly to $X in 2021 estimated in export price. Overall, the total production indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +65.5% against 2015 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by 30%. Grapefruit juice (single strength) production peaked at $X in 2020, and then shrank slightly in the following year.

Exports of Grapefruit Juice (Single Strength)

Exports from Ghana

In 2021, shipments abroad of grapefruit juice (single strength) decreased by -11% to X kg, falling for the eighth consecutive year after two years of growth. Overall, exports continue to indicate a sharp contraction. The pace of growth was the most pronounced in 2013 with an increase of 9.4% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, grapefruit juice (single strength) exports reduced to $X in 2021. In general, exports saw a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of 89%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Burkina Faso (X kg) and Togo (X kg) were the main destinations of grapefruit juice (single strength) exports from Ghana.

From 2012 to 2021, the biggest increases were recorded for Togo (with a CAGR of 0.0%).

In value terms, Togo ($X) emerged as the key foreign market for grapefruit juice (single strength) exports from Ghana, comprising 72% of total exports. The second position in the ranking was held by Burkina Faso ($X), with a 28% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Togo was relatively modest.

Export Prices by Country

In 2021, the average grapefruit juice (single strength) export price amounted to $X per ton, which is down by -1.5% against the previous year. Over the period under review, the export price, however, posted a temperate increase. The pace of growth appeared the most rapid in 2018 an increase of 165% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices remained at a 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 Togo ($X per ton), while the average price for exports to Burkina Faso stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+4.4%).

Imports of Grapefruit Juice (Single Strength)

Imports into Ghana

In 2021, supplies from abroad of grapefruit juice (single strength) decreased by -22.4% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, imports saw a abrupt slump. The pace of growth appeared the most rapid in 2014 with an increase of 708% against the previous year. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, grapefruit juice (single strength) imports stood at $X in 2021. Overall, imports recorded a perceptible setback. The most prominent rate of growth was recorded in 2014 with an increase of 1,478%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X tons), South Africa (X tons) and Spain (X tons) were the main suppliers of grapefruit juice (single strength) imports to Ghana, with a combined 84% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +9.1%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, South Africa ($X), the United Arab Emirates ($X) and Spain ($X) constituted the largest grapefruit juice (single strength) suppliers to Ghana, together accounting for 79% of total imports.

In terms of the main suppliers, Spain, with a CAGR of +11.1%, saw the highest growth rate of 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 grapefruit juice (single strength) import price stood at $X per ton in 2021, surging by 33% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, grapefruit juice (single strength) import price increased by +65.3% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 95%. The import price peaked in 2021 and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+39.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :