Ghana: Market for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes 2024

Market Size for Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Ghana

The Ghanian fruit or nut preserves market expanded slightly to $X in 2021, increasing by 2.3% against the previous year. Over the period under review, consumption showed buoyant growth. Fruit or nut preserves consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes in Ghana

In value terms, fruit or nut preserves production expanded to $X in 2021 estimated in export price. Overall, production posted a remarkable increase. The pace of growth was the most pronounced in 2016 with an increase of 54% against the previous year. Fruit or nut preserves production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Exports from Ghana

In 2021, overseas shipments of jams, marmalades, fruit jellies, fruit or nut purees and pastes were finally on the rise to reach X tons after two years of decline. In general, exports saw a significant increase. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, fruit or nut preserves exports skyrocketed to $X in 2021. Overall, exports showed a significant increase. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for fruit or nut preserves exports from Ghana, accounting for a 48% share of total exports. Moreover, fruit or nut preserves exports to the United States exceeded the volume sent to the second major destination, Belgium (X tons), twofold. The third position in this ranking was held by Iceland (X tons), with a 9% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +25.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+30.2% per year) and Iceland (0.0% per year).

In value terms, Belgium ($X) emerged as the key foreign market for jams, marmalades, fruit jellies, fruit or nut purees and pastes exports from Ghana, comprising 37% of total exports. The second position in the ranking was taken by the United States ($X), with a 7.8% share of total exports. It was followed by Iceland, with a 4.7% share.

From 2012 to 2021, the average annual growth rate of value to Belgium totaled +55.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+18.8% per year) and Iceland (0.0% per year).

Export Prices by Country

In 2021, the average fruit or nut preserves export price amounted to $X per ton, rising by 111% against the previous year. In general, the export price enjoyed a strong expansion. The growth pace was the most rapid in 2018 an increase of 158%. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+136.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jams, Marmalades, Fruit Jellies, Fruit Or Nut Purees And Pastes

Imports into Ghana

In 2021, the amount of jams, marmalades, fruit jellies, fruit or nut purees and pastes imported into Ghana soared to X tons, with an increase of 32% against the previous year's figure. Over the period under review, imports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2013 when imports increased by 48%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, fruit or nut preserves imports surged to $X in 2021. Overall, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 49% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest fruit or nut preserves supplier to Ghana, accounting for a 36% share of total imports. Moreover, fruit or nut preserves imports from the Netherlands exceeded the figures recorded by the second-largest supplier, India (X tons), sixfold. The third position in this ranking was taken by France (X tons), with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands totaled +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+16.6% per year) and France (+13.3% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of jams, marmalades, fruit jellies, fruit or nut purees and pastes to Ghana, comprising 36% of total imports. The second position in the ranking was held by France ($X), with a 5.6% share of total imports. It was followed by Lebanon, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands stood at +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+8.8% per year) and Lebanon (+4.1% per year).

Import Prices by Country

In 2021, the average fruit or nut preserves import price amounted to $X per ton, standing approx. at the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 22%. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Lebanon ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+46.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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