Ghana: Personal Weighing Machine Market 2025

Personal Weighing Machine Market Size in Ghana

After four years of growth, the Ghanian personal weighing machine market decreased by -6.1% to $X in 2022. Overall, consumption, however, enjoyed significant growth. Over the period under review, the market hit record highs at $X in 2021, and then contracted in the following year.

Personal Weighing Machine Exports

Exports from Ghana

In 2022, overseas shipments of personal weighing machines were finally on the rise to reach X units after three years of decline. In general, exports, however, continue to indicate a noticeable reduction. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, personal weighing machine exports soared to $X in 2022. Overall, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire (X units) was the main destination for personal weighing machine exports from Ghana, with a 64% share of total exports. Moreover, personal weighing machine exports to Cote d'Ivoire exceeded the volume sent to the second major destination, Burkina Faso (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cote d'Ivoire totaled +38.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (-11.1% per year) and Niger (-60.6% per year).

In value terms, Burkina Faso ($X) remains the key foreign market for personal weighing machines exports from Ghana, comprising 81% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Burkina Faso totaled -3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (+44.6% per year) and Niger (-69.0% per year).

Export Prices by Country

The average personal weighing machine export price stood at $X per unit in 2022, with an increase of 4.1% against the previous year. In general, the export price, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2017 an increase of 25% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Burkina Faso ($X per unit), while the average price for exports to Cote d'Ivoire ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.

Personal Weighing Machine Imports

Imports into Ghana

After four years of growth, purchases abroad of personal weighing machines decreased by -14.1% to X units in 2022. Overall, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2019 when imports increased by 204%. Imports peaked at X units in 2021, and then shrank in the following year.

In value terms, personal weighing machine imports declined slightly to $X in 2022. Over the period under review, imports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2019 when imports increased by 141%. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, China (X units) constituted the largest personal weighing machine supplier to Ghana, with a 88% share of total imports. Moreover, personal weighing machine imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), tenfold.

From 2012 to 2022, the average annual growth rate of volume from China stood at +25.8%.

In value terms, China ($X) constituted the largest supplier of personal weighing machines to Ghana, comprising 83% of total imports. The second position in the ranking was taken by the United States ($X), with an 11% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +23.2%.

Import Prices by Country

The average personal weighing machine import price stood at $X per unit in 2022, growing by 13% against the previous year. In general, the import price, however, saw a mild setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 37%. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.4%).

Source: IndexBox Platform

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