Report Update Nov 1, 2024

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

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Ghana: Meat-Preparation Industrial Machinery Market 2024

Meat-Preparation Industrial Machinery Market Size in Ghana

In 2022, the Ghanian meat-preparation industrial machinery market decreased by -30.4% to $X, falling for the second year in a row after two years of growth. In general, consumption, however, posted a significant expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Meat-Preparation Industrial Machinery Exports

Exports from Ghana

In value terms, meat-preparation industrial machinery exports declined remarkably to $X in 2022. Over the period under review, exports continue to indicate a significant expansion. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced dramatically in the following year.

Exports by Country

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands amounted to +412.1%.

Meat-Preparation Industrial Machinery Imports

Imports into Ghana

In 2022, overseas purchases of industrial machinery for the preparation of meat or poultry decreased by -31.8% to X units, falling for the second year in a row after two years of growth. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 898% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, meat-preparation industrial machinery imports contracted notably to $X in 2022. In general, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 273%. Imports peaked at $X in 2021, and then fell notably in the following year.

Imports by Country

In 2022, China (X units) constituted the largest meat-preparation industrial machinery supplier to Ghana, accounting for a 82% share of total imports. Moreover, meat-preparation industrial machinery imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), ninefold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +46.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+69.0% per year) and Germany (+52.9% per year).

In value terms, Turkey ($X), China ($X) and Germany ($X) appeared to be the largest meat-preparation industrial machinery suppliers to Ghana, with a combined 62% share of total imports.

Turkey, with a CAGR of +98.5%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average meat-preparation industrial machinery import price amounted to $X per unit, increasing by 19% against the previous year. In general, the import price, however, continues to indicate a pronounced descent. The pace of growth appeared the most rapid in 2021 when the average import price increased by 187% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+17.5%), 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 industrial machinery for the preparation of meat or poultry in the world?

The countries with the highest volumes of in 2021 were China, the United States and Italy, with a combined 39% share of global consumption. These countries were followed by Japan, Russia, Brazil, Germany, the Netherlands, the UK, South Korea, Canada and France, which together accounted for a further 30%.

What are the largest producers of industrial machinery for the preparation of meat or poultry in the world?

The countries with the highest volumes of in 2021 were China, Germany and the Netherlands, together comprising 43% of global production. The United States, South Africa, Italy, Japan, Russia, Brazil, Poland and Spain lagged somewhat behind, together comprising a further 41%.

What are the leading suppliers of industrial machinery for the preparation of meat or poultry to Ghana?

In value terms, China constituted the largest supplier of meat-preparation industrial machinery to Ghana, comprising 51% of total imports. The second position in the ranking was occupied by Denmark, with a 24% share of total imports. It was followed by the United States, with a 12% share.

What is the average export price for industrial machinery for the preparation of meat or poultry in Ghana?

The average meat-preparation industrial machinery export price stood at $105 per unit in 2019, almost unchanged from the previous year.

What is the average import price for industrial machinery for the preparation of meat or poultry in Ghana?

In 2021, the average meat-preparation industrial machinery import price amounted to $187 per unit, with an increase of 48% against the previous year.

This report provides an in-depth analysis of the meat-preparation 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 28931750 - Industrial machinery for the preparation of meat or poultry

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