Report Update Nov 1, 2024

Ghana - Medicaments Containing Penicillins or Derivatives Thereof - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Medicaments Containing Penicillin Market 2024

Medicaments Containing Penicillin Market Size in Ghana

In 2021, after two years of growth, there was significant decline in the Ghanian medicaments containing penicillin market, when its value decreased by -69.6% to $X. Over the period under review, consumption, however, showed a prominent increase. Medicaments containing penicillin consumption peaked at $X in 2020, and then declined notably in the following year.

Medicaments Containing Penicillin Exports

Exports from Ghana

In 2013, exports of medicaments containing penicillins or derivatives thereof from Ghana dropped significantly to X kg, falling by -62.5% on the previous year's figure. Overall, exports faced a dramatic decrease. Over the period under review, the exports attained the maximum at X kg in 2012, and then shrank dramatically in the following year.

In value terms, medicaments containing penicillin exports declined significantly to $X in 2013. In general, exports saw a significant decline. Over the period under review, the exports reached the maximum at $X in 2012, and then fell significantly in the following year.

Exports by Country

Angola (X kg) and Togo (X kg) were the main destinations of medicaments containing penicillin exports from Ghana. Moreover, medicaments containing penicillin exports in Angola exceeded the figures recorded by the second-largest exporter, Togo, twofold.

From 2012 to 2013, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Angola (with a CAGR of 0.0%).

In value terms, Angola ($X) emerged as the key foreign market for medicaments containing penicillins or derivatives thereof exports from Ghana, comprising 86% of total exports. The second position in the ranking was taken by Togo ($X), with a 14% share of total exports.

From 2012 to 2013, the average annual rate of growth in terms of value to Angola was relatively modest.

Export Prices by Country

In 2013, the average medicaments containing penicillin export price amounted to $X per ton, increasing by 28% against the previous year. Over the period from 2012 to 2013, it increased at an average annual rate of +27.9%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2013, amid the top suppliers, the country with the highest price was Angola ($X per ton), while the average price for exports to Togo amounted to $X per ton.

From 2012 to 2013, the most notable rate of growth in terms of prices was recorded for supplies to Angola (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Medicaments Containing Penicillin Imports

Imports into Ghana

In 2021, purchases abroad of medicaments containing penicillins or derivatives thereof decreased by -76.6% to X tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, imports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2019 with an increase of 777% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, medicaments containing penicillin imports fell rapidly to $X in 2021. Overall, imports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2019 when imports increased by 993%. Imports peaked at $X in 2020, and then reduced remarkably in the following year.

Imports by Country

In 2021, India (X tons) constituted the largest medicaments containing penicillin supplier to Ghana, accounting for a 57% share of total imports. Moreover, medicaments containing penicillin imports from India exceeded the figures recorded by the second-largest supplier, the UK (X kg), threefold. Pakistan (X kg) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from India amounted to +27.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+44.2% per year) and Pakistan (-6.5% per year).

In value terms, Pakistan ($X), Nigeria ($X) and India ($X) were the largest medicaments containing penicillin suppliers to Ghana, with a combined 90% share of total imports.

Nigeria, with a CAGR of +81.6%, recorded the highest growth rate of the value of imports, among 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 2021, the average medicaments containing penicillin import price amounted to $X per ton, picking up by 60% against the previous year. Overall, the import price posted a buoyant increase. The most prominent rate of growth was recorded in 2016 an increase of 89% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Nigeria ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (+31.0%), 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 medicaments containing penicillins or derivatives thereof in the world?

China constituted the country with the largest volume of medicaments containing penicillin consumption, comprising approx. 20% of total volume. Moreover, medicaments containing penicillin 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 an 8.9% share.

What are the largest producers of medicaments containing penicillins or derivatives thereof in the world?

China constituted the country with the largest volume of medicaments containing penicillin production, comprising approx. 20% of total volume. Moreover, medicaments containing penicillin production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 9% share.

What are the leading suppliers of medicaments containing penicillins or derivatives thereof to Ghana?

In value terms, India, Pakistan and the UK were the largest medicaments containing penicillin suppliers to Ghana, together comprising 70% of total imports.

What is the average export price for medicaments containing penicillins or derivatives thereof in Ghana?

The average medicaments containing penicillin export price stood at $70,495 per ton in 2010, remaining constant against the previous year.

What is the average import price for medicaments containing penicillins or derivatives thereof in Ghana?

The average medicaments containing penicillin import price stood at $30,400 per ton in 2020, with a decrease of -45.9% against the previous year.

This report provides an in-depth analysis of the medicaments containing penicillin 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 21201130 - Medicaments containing penicillins or derivatives thereof, with a penicillanic acid structure, or streptomycins or their derivatives, for therapeutic or prophylactic uses, n.p.r.s.

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