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Report Ghana - Herring, Salted or in Brine - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

Ghana - Herring, Salted or in Brine - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Market for Herring, Salted Or In Brine 2025

Market Size for Herring, Salted Or In Brine in Ghana

The Ghanian market for herring, salted or in brine fell slightly to $X in 2022, waning by -2.4% against the previous year. Over the period under review, consumption showed a mild decline. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Herring, Salted Or In Brine in Ghana

In value terms, herring, salted or in brine production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a mild descent. The most prominent rate of growth was recorded in 2014 when the production volume increased by 85%. Herring, salted or in brine production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Herring, Salted Or In Brine

Exports from Ghana

In 2022, after three years of growth, there was significant decline in overseas shipments of herring, salted or in brine, when their volume decreased by -12.6% to X kg. Over the period under review, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2019 when exports increased by 3,539% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, herring, salted or in brine exports declined to $X in 2022. In general, exports faced a drastic downturn. The growth pace was the most rapid in 2019 with an increase of 2,702% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Canada (X kg), the United States (X kg) and the UK (X kg) were the main destinations of herring, salted or in brine exports from Ghana.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +8.5%), while the other leaders experienced a decline.

In value terms, Canada ($X) remains the key foreign market for herring, salted or in brine exports from Ghana, comprising 95% of total exports. The second position in the ranking was taken by the UK ($X), with a 3.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Canada amounted to +1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-36.1% per year) and the United States (-10.4% per year).

Export Prices by Country

The average export price for herring, salted or in brine stood at $X per ton in 2022, growing by 7.2% against the previous year. In general, the export price saw a perceptible expansion. The growth pace was the most rapid in 2018 an increase of 58%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+24.6%), while the prices for the other major destinations experienced a decline.

Imports of Herring, Salted Or In Brine

Imports into Ghana

In 2019, supplies from abroad of herring, salted or in brine decreased by 0% to X kg, falling for the second year in a row after two years of growth. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2017 with an increase of 19% against the previous year. Over the period under review, imports reached the peak figure in 2019 and are expected to retain growth in the near future.

In value terms, herring, salted or in brine imports totaled $X in 2019. Over the period under review, imports saw significant growth. The growth pace was the most rapid in 2017 with an increase of 56% against the previous year. Imports peaked in 2019 and are likely to see steady growth in years to come.

Imports by Country

In 2019, Norway (X kg) was the main supplier of herring, salted or in brine to Ghana, accounting for a approx. 100% share of total imports.

From 2016 to 2019, the average annual growth rate of volume from Norway was relatively modest.

In value terms, Norway ($X) constituted the largest supplier of herring, salted or in brine to Ghana.

From 2016 to 2019, the average annual rate of growth in terms of value from Norway was relatively modest.

Import Prices by Country

In 2019, the average import price for herring, salted or in brine amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price saw a significant increase. The pace of growth appeared the most rapid in 2017 an increase of 31% against the previous year. Over the period under review, average import prices hit record highs in 2019 and is expected to retain growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Norway.

From 2016 to 2019, the rate of growth in terms of prices for Cote d'Ivoire amounted to 0.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China remains the largest herring, salted or in brine consuming country worldwide, comprising approx. 20% of total volume. Moreover, herring, salted or in brine consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. Japan ranked third in terms of total consumption with a 4.4% share.
The country with the largest volume of herring, salted or in brine production was China, accounting for 20% of total volume. Moreover, herring, salted or in brine production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by Japan, with a 4.4% share.
In value terms, Norway constituted the largest supplier of herring, salted or in brine to Ghana.
In value terms, Canada remains the key foreign market for herring, salted or in brine exports from Ghana, comprising 90% of total exports. The second position in the ranking was occupied by the UK $114), with a 7.7% share of total exports.
The average export price for herring, salted or in brine stood at $1,884 per ton in 2021, almost unchanged from the previous year.
In 2019, the average import price for herring, salted or in brine amounted to $1,098 per ton, with an increase of 40% against the previous year.

This report provides an in-depth analysis of the market for herring, salted or in brine 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:

    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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE

    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2024
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY

    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2024
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO

    11. LIST OF TABLES

      1. Key Findings In 2024
      2. Market Volume, In Physical Terms, 2012–2024
      3. Market Value, 2012–2024
      4. Per Capita Consumption In 2012-2024
      5. Imports, In Physical Terms, By Country, 2012–2024
      6. Imports, In Value Terms, By Country, 2012–2024
      7. Import Prices, By Country Of Origin, 2012–2024
      8. Exports, In Physical Terms, By Country, 2012–2024
      9. Exports, In Value Terms, By Country, 2012–2024
      10. Export Prices, By Country Of Destination, 2012–2024

    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2024
      2. Market Value, 2012–2024
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
      5. Trade Balance, In Physical Terms, 2012-2024
      6. Trade Balance, In Value Terms, 2012-2024
      7. Per Capita Consumption, 2012-2024
      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, 2012–2024
      22. Production, In Value Terms, 2012–2024
      23. Imports, In Physical Terms, 2012–2024
      24. Imports, In Value Terms, 2012–2024
      25. Imports, In Physical Terms, By Country, 2024
      26. Imports, In Physical Terms, By Country, 2012–2024
      27. Imports, In Value Terms, By Country, 2012–2024
      28. Import Prices, By Country Of Origin, 2012–2024
      29. Exports, In Physical Terms, 2012–2024
      30. Exports, In Value Terms, 2012–2024
      31. Exports, In Physical Terms, By Country, 2024
      32. Exports, In Physical Terms, By Country, 2012–2024
      33. Exports, In Value Terms, By Country, 2012–2024
      34. Export Prices, By Country Of Destination, 2012–2024

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