Report Update Nov 1, 2024

Ghana - Positive Displacement Pumps and Hand Pumps - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Positive Displacement Pump Market 2024

Positive Displacement Pump Market Size in Ghana

After two years of growth, the Ghanian positive displacement pump market decreased by -28.3% to $X in 2021. Overall, consumption, however, showed moderate growth. Positive displacement pump consumption peaked at $X in 2020, and then fell sharply in the following year.

Positive Displacement Pump Exports

Exports from Ghana

In 2021, approx. X units of positive displacement pumps and hand pumps were exported from Ghana; picking up by 387% compared with the previous year. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 3,088% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in the near future.

In value terms, positive displacement pump exports skyrocketed to $X in 2021. Overall, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2019 when exports increased by 2,930% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Nigeria (X units), Togo (X units) and Belgium (X units) were the main destinations of positive displacement pump exports from Ghana, with a combined 95% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nigeria (with a CAGR of +139.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for positive displacement pump exported from Ghana were Togo ($X), Nigeria ($X) and Belgium ($X), together accounting for 95% of total exports.

Nigeria, with a CAGR of +90.6%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

In 2021, the average positive displacement pump export price amounted to $X per unit, reducing by -63% against the previous year. Overall, the export price recorded a abrupt downturn. The pace of growth was the most pronounced in 2016 an increase of 227%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Mali ($X per unit), while the average price for exports to Burkina Faso ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mali (+17.4%), while the prices for the other major destinations experienced mixed trend patterns.

Positive Displacement Pump Imports

Imports into Ghana

After two years of growth, overseas purchases of positive displacement pumps and hand pumps decreased by -27.1% to X units in 2021. In general, imports, however, recorded a noticeable increase. The pace of growth appeared the most rapid in 2014 when imports increased by 1,064% against the previous year. Imports peaked at X units in 2020, and then contracted remarkably in the following year.

In value terms, positive displacement pump imports reduced rapidly to $X in 2021. Over the period under review, imports, however, continue to indicate a measured expansion. The most prominent rate of growth was recorded in 2014 with an increase of 359% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), India (X units) and the United Arab Emirates (X units) were the main suppliers of positive displacement pump imports to Ghana, together comprising 96% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +43.9%), while purchases for the other leaders experienced a decline.

In value terms, India ($X) constituted the largest supplier of positive displacement pumps and hand pumps to Ghana, comprising 62% of total imports. The second position in the ranking was held by China ($X), with a 14% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from India amounted to +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+31.5% per year) and the United Arab Emirates (-28.8% per year).

Import Prices by Country

The average positive displacement pump import price stood at $X per unit in 2021, rising by 5.1% against the previous year. Over the period under review, the import price continues to indicate a mild increase. The pace of growth was the most pronounced in 2013 when the average import price increased by 237% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United Arab Emirates ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+42.3%), 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 positive displacement pumps and hand pumps in the world?

The countries with the highest volumes of in 2021 were South Africa, the United States and Mexico, with a combined 58% share of global consumption.

What are the largest producers of positive displacement pumps and hand pumps in the world?

The country with the largest volume of positive displacement pump production was China, accounting for 75% of total volume. Moreover, positive displacement pump production in China exceeded the figures recorded by the second-largest producer, Mexico, more than tenfold. The third position in this ranking was occupied by Spain, with a 5.3% share.

What are the leading suppliers of positive displacement pumps and hand pumps to Ghana?

In value terms, India, Greece and China were the largest positive displacement pump suppliers to Ghana, with a combined 88% share of total imports.

What are the leading importers of positive displacement pumps and hand pumps from Ghana?

In value terms, South Africa emerged as the key foreign market for positive displacement pump exports from Ghana, comprising 66% of total exports. The second position in the ranking was occupied by Nigeria, with a 30% share of total exports. It was followed by Mali, with a 1.3% share.

What is the average export price for positive displacement pumps and hand pumps in Ghana?

The average positive displacement pump export price stood at $1.7 per unit in 2021, reducing by -13.4% against the previous year.

What is the average import price for positive displacement pumps and hand pumps in Ghana?

The average positive displacement pump import price stood at $0.3 per unit in 2021, falling by -14.2% against the previous year.

This report provides an in-depth analysis of the positive displacement pump 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 28131145 - Positive displacement pumps, hand pumps

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