Report Update Nov 1, 2024

Ghana - Non-Numerically Controlled Sharpening Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Market for Non-Numerically Controlled Sharpening Machines For Working Metal 2024

Market Size for Non-Numerically Controlled Sharpening Machines For Working Metal in Ghana

The Ghanian non-numerically controlled sharpening machine market rose markedly to $X in 2022, with an increase of 9.7% against the previous year. Overall, consumption enjoyed modest growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Non-Numerically Controlled Sharpening Machines For Working Metal in Ghana

In value terms, non-numerically controlled sharpening machine production totaled $X in 2022 estimated in export price. In general, production recorded a slight increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 48% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Exports of Non-Numerically Controlled Sharpening Machines For Working Metal

Exports from Ghana

In value terms, non-numerically controlled sharpening machine exports shrank to $X in 2022. Over the period under review, exports recorded a mild increase. The growth pace was the most rapid in 2015 with an increase of 1,725%. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

In value terms, Mali ($X) also remains the key foreign market for non-numerically controlled sharpening machines for working metal exports from Ghana.

From 2012 to 2022, the average annual rate of growth in terms of value to Mali totaled +19.0%.

Imports of Non-Numerically Controlled Sharpening Machines For Working Metal

Imports into Ghana

After two years of growth, purchases abroad of non-numerically controlled sharpening machines for working metal decreased by -6.4% to X units in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 159%. Imports peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, non-numerically controlled sharpening machine imports fell rapidly to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 121% against the previous year. Imports peaked at $X in 2021, and then shrank dramatically in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest non-numerically controlled sharpening machine supplier to Ghana, with a 38% share of total imports. Moreover, non-numerically controlled sharpening machine imports from Germany exceeded the figures recorded by the second-largest supplier, Turkey (X units), threefold. The third position in this ranking was held by South Korea (X units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+40.0% per year) and South Korea (+6.8% per year).

In value terms, the largest non-numerically controlled sharpening machine suppliers to Ghana were Sweden ($X), South Korea ($X) and China ($X), with a combined 43% share of total imports. Germany, the United States, Taiwan (Chinese), Poland, Turkey, Denmark, South Africa and Australia lagged somewhat behind, together comprising a further 23%.

In terms of the main suppliers, Turkey, with a CAGR of +63.3%, saw the highest rates of growth with regard to 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 non-numerically controlled sharpening machine import price stood at $X per unit in 2022, which is down by -10% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 101% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a lower figure.

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 Sweden ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+16.6%), 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 non-numerically controlled sharpening machines for working metal in the world?

The countries with the highest volumes of non-numerically controlled sharpening machine consumption in 2021 were China, the United States and South Africa, with a combined 44% share of global consumption. These countries were followed by India, Germany, Japan, Nigeria, Russia, Bangladesh, the UK, Turkey, Canada and South Korea, which together accounted for a further 36%.

What are the largest producers of non-numerically controlled sharpening machines for working metal in the world?

The country with the largest volume of non-numerically controlled sharpening machine production was China, accounting for 34% of total volume. Moreover, non-numerically controlled sharpening machine 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 10% share.

What are the leading suppliers of non-numerically controlled sharpening machines for working metal to Ghana?

In value terms, the largest non-numerically controlled sharpening machine suppliers to Ghana were China, Germany and Morocco, with a combined 69% share of total imports. These countries were followed by India and Italy, which together accounted for a further 4.4%.

What are the leading importers of non-numerically controlled sharpening machines for working metal from Ghana?

In value terms, Mali remains the key foreign market for non-numerically controlled sharpening machine exports from Ghana, comprising 97% of total exports. The second position in the ranking was occupied by Burkina Faso $244), with a 3.3% share of total exports.

What is the average export price for non-numerically controlled sharpening machines for working metal in Ghana?

In 2021, the average non-numerically controlled sharpening machine export price amounted to $32 per unit, shrinking by -24.7% against the previous year.

What is the average import price for non-numerically controlled sharpening machines for working metal in Ghana?

In 2021, the average non-numerically controlled sharpening machine import price amounted to $53 per unit, which is down by -67.1% against the previous year.

This report provides an in-depth analysis of the market for non-numerically controlled sharpening machine 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 28412375 - Non-numerically controlled sharpening (tool or cutter grinding) machines 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