Report Update Nov 1, 2024

Ghana - Inedible Fish Products - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Ghana: Inedible Fish Products Market 2024

Inedible Fish Products Market Size in Ghana

The Ghanian inedible fish products market stood at $X in 2022, stabilizing at the previous year. In general, consumption showed a notable expansion. Inedible fish products consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Inedible Fish Products Production in Ghana

In value terms, inedible fish products production stood at $X in 2022 estimated in export price. Overall, production continues to indicate temperate growth. The pace of growth was the most pronounced in 2013 when the production volume increased by 65% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Inedible Fish Products Exports

Exports from Ghana

In 2022, the amount of inedible fish products exported from Ghana reduced markedly to X tons, waning by -57.6% on the previous year. Over the period under review, exports saw a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 105% against the previous year. As a result, the exports attained the peak of X tons, and then contracted remarkably in the following year.

In value terms, inedible fish products exports expanded modestly to $X in 2022. Overall, exports showed a abrupt setback. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Nigeria (X tons) was the main destination for inedible fish products exports from Ghana, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Nigeria stood at -4.9%.

In value terms, Nigeria ($X) emerged as the key foreign market for inedible fish products exports from Ghana.

From 2012 to 2022, the average annual rate of growth in terms of value to Nigeria stood at -5.7%.

Export Prices by Country

In 2022, the average inedible fish products export price amounted to $X per ton, increasing by 145% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Nigeria.

From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to -0.9% per year.

Inedible Fish Products Imports

Imports into Ghana

In 2022, after ten years of growth, there was decline in supplies from abroad of inedible fish products, when their volume decreased by -0.2% to X tons. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 428% against the previous year. Imports peaked at X tons in 2021, and then dropped slightly in the following year.

In value terms, inedible fish products imports declined slightly to $X in 2022. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by 511%. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, the United States (X tons) was the main inedible fish products supplier to Ghana, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to +61.3%.

In value terms, the United States ($X) constituted the largest supplier of inedible fish products to Ghana.

From 2012 to 2022, the average annual growth rate of value from the United States totaled +66.9%.

Import Prices by Country

The average inedible fish products import price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, inedible fish products import price decreased by -0.0% against 2020 indices. The pace of growth was the most pronounced in 2019 when the average import price increased by 95%. The import price peaked at $X per ton in 2020; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +3.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for inedible fish products in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 40% of global consumption.

What are the largest producers of inedible fish products in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 40% of global production.

What are the leading suppliers of inedible fish products to Ghana?

In value terms, South Africa constituted the largest supplier of inedible fish products to Ghana.

What is the average export price for inedible fish products in Ghana?

The average inedible fish products export price stood at $371 per ton in 2021, picking up by 6.7% against the previous year.

What is the average import price for inedible fish products in Ghana?

In 2021, the average inedible fish products import price amounted to $1,821 per ton, falling by -10.5% against the previous year.

This report provides an in-depth analysis of the inedible fish products 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 10204200 - Inedible fish products (including fish waste, excluding whalebone and whalebone hair, coral and similar materials, s hells and cuttle-bone, unworked or simply prepared/natural sponges)

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