Report Update Nov 1, 2024

Ghana - Non-Hydraulic Presses for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Non-Hydraulic Press Market 2024

Non-Hydraulic Press Market Size in Ghana

In 2021, the Ghanian non-hydraulic press market decreased by -31.4% to $X, falling for the fourth year in a row after two years of growth. In general, consumption showed a deep slump. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Non-Hydraulic Press Exports

Exports from Ghana

Non-hydraulic press exports from Ghana declined significantly to X units in 2021, falling by -50% on the year before. In general, exports saw a relatively flat trend pattern. The exports peaked at X units in 2020, and then dropped sharply in the following year.

In value terms, non-hydraulic press exports skyrocketed to $X in 2021. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 246% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Switzerland (X units) was the main destination for non-hydraulic press exports from Ghana, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Switzerland was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to Switzerland stood at +1,154.6%.

Non-Hydraulic Press Imports

Imports into Ghana

In 2021, overseas purchases of non-hydraulic presses for working metal decreased by -26% to X units, falling for the fourth year in a row after two years of growth. In general, imports recorded a noticeable contraction. The pace of growth was the most pronounced in 2017 when imports increased by 226%. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, non-hydraulic press imports shrank notably to $X in 2021. Overall, imports showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by 256%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X units), Australia (X units) and South Africa (X units) were the main suppliers of non-hydraulic press imports to Ghana, together comprising 57% of total imports.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +24.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) constituted the largest supplier of non-hydraulic presses for working metal to Ghana, comprising 50% of total imports. The second position in the ranking was held by China ($X), with a 9% share of total imports. It was followed by Switzerland, with a 1.9% share.

From 2012 to 2021, the average annual growth rate of value from Australia stood at +30.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-7.8% per year) and Switzerland (-3.9% per year).

Import Prices by Country

In 2021, the average non-hydraulic press import price amounted to $X per unit, falling by -27.6% against the previous year. Over the period under review, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 18% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+23.2%), 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 non-hydraulic presses for working metal in the world?

China constituted the country with the largest volume of non-hydraulic press consumption, accounting for 23% of total volume. Moreover, non-hydraulic press consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by India, with a 7.3% share.

What are the largest producers of non-hydraulic presses for working metal in the world?

The country with the largest volume of non-hydraulic press production was China, accounting for 27% of total volume. Moreover, non-hydraulic press production in China exceeded the figures recorded by the second-largest producer, Japan, twofold. The United States ranked third in terms of total production with an 11% share.

What are the leading suppliers of non-hydraulic presses for working metal to Ghana?

In value terms, Taiwan Chinese), Australia and Vietnam appeared to be the largest non-hydraulic press suppliers to Ghana, with a combined 68% share of total imports. Lebanon, Belgium, China, the UK, Spain, the United Arab Emirates, Italy, Cote d'Ivoire and Denmark lagged somewhat behind, together comprising a further 15%.

What are the leading importers of non-hydraulic presses for working metal from Ghana?

In value terms, Burkina Faso and Cote d'Ivoire were the largest markets for non-hydraulic press exported from Ghana worldwide.

What is the average export price for non-hydraulic presses for working metal in Ghana?

In 2020, the average non-hydraulic press export price amounted to $1,203 per unit, with a decrease of -54.7% against the previous year.

What is the average import price for non-hydraulic presses for working metal in Ghana?

The average non-hydraulic press import price stood at $1,034 per unit in 2020, surging by 59% against the previous year.

This report provides an in-depth analysis of the non-hydraulic press 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 28413360 - Non-hydraulic presses for working metal

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