Report Update Nov 1, 2024

Ghana - Maltodextrine and Maltodextine Syrup - 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: Maltodextrine Market 2024

Maltodextrine Market Size in Ghana

In 2021, the Ghanian maltodextrine market decreased by -21.5% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption, however, enjoyed a significant increase. Maltodextrine consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Maltodextrine Exports

Exports from Ghana

In 2021, shipments abroad of maltodextrine and maltodextine syrup decreased by -49.2% to X tons for the first time since 2017, thus ending a three-year rising trend. Overall, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 378%. The exports peaked at X tons in 2020, and then reduced remarkably in the following year.

In value terms, maltodextrine exports expanded markedly to $X in 2021. In general, exports, however, posted a strong increase. The growth pace was the most rapid in 2016 with an increase of 182%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

Nigeria (X tons) was the main destination for maltodextrine exports from Ghana, accounting for a 69% share of total exports. Moreover, maltodextrine exports to Nigeria exceeded the volume sent to the second major destination, Burkina Faso (X kg), twofold.

From 2012 to 2021, the average annual growth rate of volume to Nigeria stood at +22.9%.

In value terms, Nigeria ($X) emerged as the key foreign market for maltodextrine and maltodextine syrup exports from Ghana, comprising 89% of total exports. The second position in the ranking was held by Burkina Faso ($X), with a 10% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Nigeria totaled +28.1%.

Export Prices by Country

The average maltodextrine export price stood at $X per ton in 2021, picking up by 116% against the previous year. Over the period under review, the export price saw a significant increase. The most prominent rate of growth was recorded in 2015 an increase of 206%. Over the period under review, the average export prices reached the maximum at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while the average price for exports to Burkina Faso amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+8.2%).

Maltodextrine Imports

Imports into Ghana

After three years of growth, overseas purchases of maltodextrine and maltodextine syrup decreased by -34.8% to X tons in 2021. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 715%. Over the period under review, imports reached the maximum at X tons in 2020, and then declined sharply in the following year.

In value terms, maltodextrine imports reduced slightly to $X in 2021. Over the period under review, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 330% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Russia (X tons) and France (X tons) were the main suppliers of maltodextrine imports to Ghana, with a combined 71% share of total imports. These countries were followed by Belgium, Turkey, India and the UK, which together accounted for a further 11%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +193.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of maltodextrine and maltodextine syrup to Ghana, comprising 30% of total imports. The second position in the ranking was taken by Russia ($X), with a 12% share of total imports. It was followed by France, with an 8.1% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +29.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (0.0% per year) and France (+32.0% per year).

Import Prices by Country

In 2021, the average maltodextrine import price amounted to $X per ton, jumping by 47% against the previous year. Over the period under review, the import price, however, showed a perceptible slump. The import price peaked at $X per ton in 2013; however, from 2014 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 the UK ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (-0.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for maltodextrine and maltodextine syrup in the world?

China remains the largest maltodextrine consuming country worldwide, accounting for 29% of total volume. Moreover, maltodextrine consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the U.S., with a 6.8% share.

What are the largest producers of maltodextrine and maltodextine syrup in the world?

China constituted the country with the largest volume of maltodextrine production, accounting for 27% of total volume. Moreover, maltodextrine production in China exceeded the figures recorded by the second-largest producer, India, threefold. The U.S. ranked third in terms of total production with a 7.6% share.

What are the leading suppliers of maltodextrine and maltodextine syrup to Ghana?

In value terms, China constituted the largest supplier of maltodextrine to Ghana, comprising 63% of total imports. The second position in the ranking was occupied by Belgium, with a 15% share of total imports.

What are the leading importers of maltodextrine and maltodextine syrup from Ghana?

In value terms, the largest markets for maltodextrine exported from Ghana were Burkina Faso and Japan.

What is the average export price for maltodextrine and maltodextine syrup in Ghana?

The average maltodextrine export price stood at $4,484 per ton in 2020, dropping by -13.5% against the previous year.

What is the average import price for maltodextrine and maltodextine syrup in Ghana?

The average maltodextrine import price stood at $1,464 per ton in 2020, stabilizing at the previous year.

This report provides an in-depth analysis of the maltodextrine 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 10621330 - Maltodextrine and maltodextine syrup (excluding with added flavouring or colouring matter)

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