Ghana: Beverage Manufacturing Press Market 2024

Beverage Manufacturing Press Market Size in Ghana

After three years of growth, the Ghanian beverage manufacturing press market decreased by X% to $X in 2022. Overall, consumption showed a drastic downturn. Beverage manufacturing press consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Beverage Manufacturing Press Production in Ghana

In value terms, beverage manufacturing press production rose modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt slump. The growth pace was the most rapid in 2020 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Beverage Manufacturing Press Exports

Exports from Ghana

In 2022, the amount of presses and crushers for beverages manufacturing exported from Ghana shrank modestly to X kg, waning by X% on the year before. Over the period under review, exports recorded a precipitous descent. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, beverage manufacturing press exports amounted to $X in 2022. In general, exports continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Burkina Faso (X kg) was the main destination for beverage manufacturing press exports from Ghana, with a X% share of total exports. Moreover, beverage manufacturing press exports to Burkina Faso exceeded the volume sent to the second major destination, Mali (X kg), tenfold. South Africa (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Burkina Faso stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mali (X% per year) and South Africa (X% per year).

In value terms, Mali ($X) remains the key foreign market for presses and crushers for beverages manufacturing exports from Ghana, comprising X% of total exports. The second position in the ranking was held by Burkina Faso ($X), with a X% share of total exports. It was followed by South Africa, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Mali stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burkina Faso (X% per year) and South Africa (X% per year).

Export Prices by Country

In 2022, the average beverage manufacturing press export price amounted to $X per ton, rising by X% against the previous year. Overall, the export price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mali ($X per ton), while the average price for exports to Togo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mali (X%), while the prices for the other major destinations experienced a decline.

Beverage Manufacturing Press Imports

Imports into Ghana

In 2022, the amount of presses and crushers for beverages manufacturing imported into Ghana dropped significantly to X tons, shrinking by X% compared with the year before. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, beverage manufacturing press imports contracted sharply to $X in 2022. Over the period under review, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Malaysia (X tons) constituted the largest supplier of beverage manufacturing press to Ghana, accounting for a X% share of total imports. Moreover, beverage manufacturing press imports from Malaysia exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The third position in this ranking was taken by Brazil (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Malaysia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Brazil (X% per year).

In value terms, Malaysia ($X) constituted the largest supplier of presses and crushers for beverages manufacturing to Ghana, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Malaysia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average beverage manufacturing press import price amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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