Report Update Nov 1, 2024

Ghana - Machinery for the Preparation or Making Up of Tobacco - 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: Tobacco Making Machinery Market 2024

Tobacco Making Machinery Market Size in Ghana

The Ghanian tobacco making machinery market totaled $X in 2022, approximately reflecting the previous year. In general, consumption, however, saw a slight shrinkage. Tobacco making machinery consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Tobacco Making Machinery Production in Ghana

In value terms, tobacco making machinery production reached $X in 2022 estimated in export price. Over the period under review, production, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2019 when the production volume increased by 1.5% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Tobacco Making Machinery Imports

Imports into Ghana

In 2022, approx. X units of machinery for the preparation or making up of tobacco were imported into Ghana; with an increase of 20% on the previous year. Overall, imports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2015 when imports increased by 533%. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, tobacco making machinery imports rose significantly to $X in 2022. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2014 with an increase of 406% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

China (X units) and the UK (X units) were the main suppliers of tobacco making machinery imports to Ghana. Moreover, tobacco making machinery imports in China exceeded the figures recorded by the second-largest supplier, the UK, twofold.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +17.5%).

In value terms, the UK ($X) constituted the largest supplier of machinery for the preparation or making up of tobacco to Ghana, comprising 89% of total imports. The second position in the ranking was held by China ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the UK totaled +28.0%.

Import Prices by Country

In 2022, the average tobacco making machinery import price amounted to $X per unit, with a decrease of -4.6% against the previous year. Over the period under review, the import price, however, saw a remarkable increase. The pace of growth was the most pronounced in 2016 an increase of 648% against the previous year. The import price peaked at $X per unit in 2021, and then fell slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machinery for the preparation or making up of tobacco in the world?

The countries with the highest volumes of in 2021 were the United States, Italy and the UK, with a combined 57% share of global consumption. These countries were followed by Turkey, Croatia, the Dominican Republic, Germany, Belgium and Brazil, which together accounted for a further 14%.

What are the largest producers of machinery for the preparation or making up of tobacco in the world?

Italy constituted the country with the largest volume of tobacco making machinery production, comprising approx. 47% of total volume. Moreover, tobacco making machinery production in Italy exceeded the figures recorded by the second-largest producer, Germany, fivefold. The third position in this ranking was occupied by the Netherlands, with a 7.5% share.

What are the leading suppliers of machinery for the preparation or making up of tobacco to Ghana?

In value terms, the UK constituted the largest supplier of tobacco making machinery to Ghana.

What is the average export price for machinery for the preparation or making up of tobacco in Ghana?

The average tobacco making machinery export price stood at $6,190 per unit in 2016, almost unchanged from the previous year.

What is the average import price for machinery for the preparation or making up of tobacco in Ghana?

In 2021, the average tobacco making machinery import price amounted to $206 per unit, which is down by -2.2% against the previous year.

This report provides an in-depth analysis of the tobacco making 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 28931900 - Machinery for the preparation or making up of tobacco

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