Report Ghana - Machines Having Individual Functions, for Mixing, Kneading, Crushing or Grinding - Market Analysis, Forecast, Size, Trends and Insights for 499$

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Ghana - Machines Having Individual Functions, for Mixing, Kneading, Crushing or Grinding - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Grinding Machine Market 2024

Grinding Machine Market Size in Ghana

In 2021, the Ghanian grinding machine market decreased by -38.6% to $X, falling for the second consecutive year after three years of growth. In general, consumption showed a abrupt curtailment. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Grinding Machine Exports

Exports from Ghana

After two years of growth, overseas shipments of machines having individual functions, for mixing, kneading, crushing or grinding decreased by -73.7% to X units in 2021. Over the period under review, exports saw a noticeable reduction. The growth pace was the most rapid in 2017 with an increase of 478%. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports failed to regain momentum.

In value terms, grinding machine exports dropped notably to $X in 2021. Overall, exports showed a abrupt setback. The growth pace was the most rapid in 2019 when exports increased by 410% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Nigeria (X units) was the main destination for grinding machine exports from Ghana, with a 56% share of total exports. Moreover, grinding machine exports to Nigeria exceeded the volume sent to the second major destination, Senegal (X units), threefold. The third position in this ranking was held by Cote d'Ivoire (X units), with a 19% share.

From 2012 to 2021, the average annual growth rate of volume to Nigeria stood at +3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Senegal (0.0% per year) and Cote d'Ivoire (-13.0% per year).

In value terms, the largest markets for grinding machine exported from Ghana were Nigeria ($X), Togo ($X) and Cote d'Ivoire ($X), with a combined 91% share of total exports. Senegal lagged somewhat behind, accounting for a further 8.8%.

In terms of the main countries of destination, Senegal, with a CAGR of +35.2%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average grinding machine export price amounted to $X per unit, waning by -36.6% against the previous year. Over the period under review, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2015 an increase of 222%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Togo ($X per unit), while the average price for exports to Senegal ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+602.7%), while the prices for the other major destinations experienced a decline.

Grinding Machine Imports

Imports into Ghana

In 2021, grinding machine imports into Ghana reduced sharply to X units, which is down by -31.8% compared with 2020 figures. Overall, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of 171% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, grinding machine imports declined markedly to $X in 2021. In general, imports recorded a perceptible downturn. The growth pace was the most rapid in 2017 with an increase of 124% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), Slovenia (X units) and Belgium (X units) were the main suppliers of grinding machine imports to Ghana, with a combined 35% 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 Slovenia (with a CAGR of +71.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), China ($X) and Germany ($X) were the largest grinding machine suppliers to Ghana, with a combined 35% share of total imports.

Among the main suppliers, Slovenia, with a CAGR of +49.5%, saw the highest growth rate of 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 grinding machine import price stood at $X per unit in 2021, falling by -16.7% against the previous year. Over the period under review, the import price, however, showed a moderate expansion. The growth pace was the most rapid in 2018 when the average import price increased by 72%. The import price peaked at $X per unit in 2020, and then declined notably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Kenya ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kenya (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machines having individual functions, for mixing, kneading, crushing or grinding in the world?

The countries with the highest volumes of in 2021 were South Africa, China and Indonesia, with a combined 47% share of global consumption.

What are the largest producers of machines having individual functions, for mixing, kneading, crushing or grinding in the world?

The countries with the highest volumes of in 2021 were China, Germany and India, together accounting for 51% of global production. These countries were followed by Italy, Russia, Japan, Brazil, Austria, South Korea, Turkey, the United States, France and Taiwan Chinese), which together accounted for a further 30%.

What are the leading suppliers of machines having individual functions, for mixing, kneading, crushing or grinding to Ghana?

In value terms, the largest grinding machine suppliers to Ghana were Slovenia, China and Germany, with a combined 70% share of total imports.

What are the leading importers of machines having individual functions, for mixing, kneading, crushing or grinding from Ghana?

In value terms, Nigeria remains the key foreign market for grinding machine exports from Ghana, comprising 52% of total exports. The second position in the ranking was occupied by Togo, with a 22% share of total exports. It was followed by Cote d'Ivoire, with a 16% share.

What is the average export price for machines having individual functions, for mixing, kneading, crushing or grinding in Ghana?

In 2021, the average grinding machine export price amounted to $59 per unit, declining by -16.4% against the previous year.

What is the average import price for machines having individual functions, for mixing, kneading, crushing or grinding in Ghana?

The average grinding machine import price stood at $413 per unit in 2021, reducing by -13.9% against the previous year.

This report provides an in-depth analysis of the grinding machine 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 28993915 - Machines and mechanical appliances, having individual functions, for mixing, kneading, crushing, grinding, screening, s ifting, homogenising, emulsifying or stirring (excluding robots)

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