Report Update Nov 1, 2024

Ghana - Mannequins - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Mannequin Market 2024

Mannequin Market Size in Ghana

In 2022, after three years of growth, there was significant decline in the Ghanian mannequin market, when its value decreased by -6.2% to $X. In general, consumption, however, posted a resilient increase. Mannequin consumption peaked at $X in 2021, and then fell in the following year.

Mannequin Exports

Exports from Ghana

Mannequin exports from Ghana fell notably to X kg in 2022, waning by -24.5% compared with 2021. Over the period under review, exports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 5,375%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, mannequin exports skyrocketed to $X in 2022. In general, exports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 12,073% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa (X kg), the United States (X kg) and the UK (X kg) were the main destinations of mannequin exports from Ghana, together accounting for 94% of total exports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +60.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for mannequin exported from Ghana were the United States ($X), the UK ($X) and India ($X), together accounting for 87% of total exports.

The UK, with a CAGR of +59.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average mannequin export price stood at $X per ton in 2022, picking up by 209% against the previous year. Overall, the export price recorded a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+12.8%), while the prices for the other major destinations experienced a decline.

Mannequin Imports

Imports into Ghana

In 2022, overseas purchases of mannequins decreased by -10.8% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of 166%. Imports peaked at X tons in 2021, and then shrank in the following year.

In value terms, mannequin imports rose sharply to $X in 2022. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 336% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Austria (X tons) constituted the largest supplier of mannequin to Ghana, with a 37% share of total imports. Moreover, mannequin imports from Austria exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by Italy (X tons), with a 4.2% share.

From 2012 to 2022, the average annual growth rate of volume from Austria totaled +88.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-7.1% per year) and Italy (+106.2% per year).

In value terms, Italy ($X), Austria ($X) and China ($X) were the largest mannequin suppliers to Ghana, together accounting for 47% of total imports.

Italy, with a CAGR of +124.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average mannequin import price amounted to $X per ton, surging by 26% against the previous year. Over the period under review, the import price saw resilient growth. The most prominent rate of growth was recorded in 2013 an increase of 254%. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for mannequins in the world?

The country with the largest volume of mannequin consumption was China, accounting for 25% of total volume. Moreover, mannequin consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 7.8% share.

What are the largest producers of mannequins in the world?

China constituted the country with the largest volume of mannequin production, comprising approx. 52% of total volume. Moreover, mannequin production in China exceeded the figures recorded by the second-largest producer, India, sevenfold. The third position in this ranking was occupied by Germany, with a 3.4% share.

What are the leading suppliers of mannequins to Ghana?

In value terms, the largest mannequin suppliers to Ghana were the Czech Republic, Italy and Australia, together comprising 75% of total imports.

What is the average export price for mannequins in Ghana?

In 2021, the average mannequin export price amounted to $59,250 per ton, dropping by -36% against the previous year.

What is the average import price for mannequins in Ghana?

In 2021, the average mannequin import price amounted to $39,664 per ton, rising by 24% against the previous year.

This report provides an in-depth analysis of the mannequin 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 32995300 - Instruments, apparatus and models designed for demonstrational purposes and unsuitable for other uses (excluding ground flying trainers, printed plans, diagrams or illustrations)

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