Report Update Nov 1, 2024

Ghana - Industrial Machinery for the Manufacture or Preparation of Sugar - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Sugar-Manufacturing Industrial Machinery Market 2024

Sugar-Manufacturing Industrial Machinery Exports

Exports from Ghana

In 2014, the amount of industrial machinery for the manufacture or preparation of sugar exported from Ghana was estimated at X units, approximately mirroring the previous year's figure. In general, exports saw a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2014 and are expected to retain growth in years to come.

In value terms, sugar-manufacturing industrial machinery exports amounted to $X in 2014. Overall, exports showed a relatively flat trend pattern. The exports peaked in 2014 and are likely to see gradual growth in the immediate term.

Exports by Country

Burkina Faso (X units) was the main destination for sugar-manufacturing industrial machinery exports from Ghana, with a approx. 100% share of total exports.

From 2013 to 2014, the average annual growth rate of volume to Burkina Faso was relatively modest.

From 2013 to 2014, the average annual rate of growth in terms of value to Burkina Faso was relatively modest.

Sugar-Manufacturing Industrial Machinery Imports

Imports into Ghana

In 2022, purchases abroad of industrial machinery for the manufacture or preparation of sugar decreased by -50% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 114% against the previous year. As a result, imports reached the peak of X units, and then shrank rapidly in the following year.

In value terms, sugar-manufacturing industrial machinery imports contracted remarkably to $X in 2022. Overall, imports, however, saw a pronounced expansion. The pace of growth appeared the most rapid in 2014 with an increase of 133%. Imports peaked at $X in 2021, and then declined notably in the following year.

Imports by Country

Turkey (X units), India (X units) and Belgium (X units) were the main suppliers of sugar-manufacturing industrial machinery imports to Ghana, with a combined 80% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +32.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constituted the largest supplier of industrial machinery for the manufacture or preparation of sugar to Ghana, comprising 61% of total imports. The second position in the ranking was taken by India ($X), with a 29% share of total imports. It was followed by China, with a 6% share.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to +40.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-3.8% per year) and China (+6.2% per year).

Import Prices by Country

The average sugar-manufacturing industrial machinery import price stood at $X per unit in 2022, with an increase of 64% against the previous year. Over the period under review, the import price showed a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Turkey ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+40.0%), 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 industrial machinery for the manufacture or preparation of sugar in the world?

The countries with the highest volumes of sugar-manufacturing industrial machinery consumption in 2021 were South Africa, India and Indonesia, together accounting for 42% of global consumption. These countries were followed by Italy, Thailand, Germany, Poland, Belgium, Spain, Belarus, Romania, Paraguay and the Czech Republic, which together accounted for a further 39%.

What are the largest producers of industrial machinery for the manufacture or preparation of sugar in the world?

The countries with the highest volumes of sugar-manufacturing industrial machinery production in 2021 were India, South Africa and Italy, together comprising 56% of global production. Germany, Thailand, Spain, Belgium, the Czech Republic, Romania, Poland and Paraguay lagged somewhat behind, together comprising a further 37%.

What are the leading suppliers of industrial machinery for the manufacture or preparation of sugar to Ghana?

In value terms, Turkey constituted the largest supplier of sugar-manufacturing industrial machinery to Ghana, comprising 53% of total imports. The second position in the ranking was occupied by India, with a 23% share of total imports. It was followed by China, with a 21% share.

What is the average export price for industrial machinery for the manufacture or preparation of sugar in Ghana?

In 2014, the average sugar-manufacturing industrial machinery export price amounted to $607 per unit, therefore, remained relatively stable against the previous year.

What is the average import price for industrial machinery for the manufacture or preparation of sugar in Ghana?

The average sugar-manufacturing industrial machinery import price stood at $540 per unit in 2021, shrinking by -34.4% against the previous year.

This report provides an in-depth analysis of the sugar-manufacturing industrial machinery 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 28931730 - Industrial machinery for the manufacture or preparation of sugar

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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
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. 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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023