Ghana: Industrial Robot Market 2025

Industrial Robot Market Size in Ghana

The Ghanian industrial robot market rose markedly to $X in 2021, picking up by 15% against the previous year. Overall, consumption showed buoyant growth. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Industrial Robot Production in Ghana

In value terms, industrial robot production stood at $X in 2021 estimated in export price. Over the period under review, production recorded a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 89% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Industrial Robot Exports

Exports from Ghana

In 2017, approx. X units of industrial robots for multiple uses were exported from Ghana; remaining constant against the previous year. Over the period under review, exports recorded a relatively flat trend pattern. The smallest decline of 99.9% was in 2016. The exports peaked in 2017 and are likely to see gradual growth in years to come.

In value terms, industrial robot exports soared to $X in 2017. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

From 2012 to 2021, the average annual rate of growth in terms of volume to No country was relatively modest.

In value terms, Cote d'Ivoire ($X) remains the key foreign market for industrial robots for multiple uses exports from Ghana, comprising 92% of total exports. The second position in the ranking was held by France ($X), with a 4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Cote d'Ivoire totaled +21.3%.

Export Prices by Country

In 2017, the average industrial robot export price amounted to $X per unit, almost unchanged from the previous year. Overall, the export price recorded significant growth. The pace of growth appeared the most rapid in 2016 a decrease of 99.9%. The export price peaked in 2017 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2017, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per unit), while the average price for exports to France totaled $X per unit.

From 2015 to 2017, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+2,696.0%).

Industrial Robot Imports

Imports into Ghana

For the sixth year in a row, Ghana recorded growth in overseas purchases of industrial robots for multiple uses, which increased by 36% to X units in 2021. Overall, imports posted a significant increase. The growth pace was the most rapid in 2014 when imports increased by 1,500% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, industrial robot imports soared to $X in 2021. In general, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 891% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Turkey (X units), Italy (X units) and China (X units) were the main suppliers of industrial robot imports to Ghana, with a combined 47% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +73.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Italy ($X) and Canada ($X) appeared to be the largest industrial robot suppliers to Ghana, with a combined 40% share of total imports. China, the United States, France, Singapore, Belgium, South Africa and the UK lagged somewhat behind, together comprising a further 15%.

Among the main suppliers, the United States, with a CAGR of +153.1%, recorded the highest rates of growth with regard to 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 industrial robot import price stood at $X per unit in 2021, increasing by 42% against the previous year. Overall, the import price continues to indicate a measured increase. The growth pace was the most rapid in 2013 an increase of 207% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+153.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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