Ghana: Market for Rape Or Colza Seed 2025

Market Size for Rape Or Colza Seed in Ghana

The Ghanian rape and colza seed market amounted to less than $X in 2022, remaining stable against the previous year. Over the period under review, consumption recorded a precipitous contraction. The most prominent rate of growth was recorded in 2016 with a decrease of -97.6%. Rape and colza seed consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Rape Or Colza Seed in Ghana

In value terms, rape and colza seed production totaled $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume decreased by 99.9% against the previous year. Rape and colza seed production peaked in 2022 and is expected to retain growth in the immediate term.

The average yield of rape or colza seed in Ghana amounted to less than X kg per ha in 2022, therefore, remained relatively stable against 2021. Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the rape and colza seed harvested area in Ghana amounted to less than X ha, therefore, remained relatively stable against the year before. In general, the harvested area saw a relatively flat trend pattern.

Exports of Rape Or Colza Seed

Exports from Ghana

Rape and colza seed exports from Ghana amounted to X tons in 2020, approximately reflecting the previous year. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of 25%. Over the period under review, the exports reached the peak figure in 2020 and are likely to see steady growth in the near future.

In value terms, rape and colza seed exports totaled $X in 2020. Over the period under review, exports posted significant growth. The smallest decline of -17.7% was in 2016. Over the period under review, the exports attained the maximum in 2020 and are expected to retain growth in the near future.

Exports by Country

Egypt (X tons) was the main destination for rape and colza seed exports from Ghana, accounting for a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Egypt was relatively modest.

From 2012 to 2020, the average annual rate of growth in terms of value to Egypt was relatively modest.

Export Prices by Country

In 2020, the average rape and colza seed export price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price showed a noticeable decrease. The pace of growth was the most pronounced in 2016 when the average export price decreased by -34%. The export price peaked at $X per ton in 2012; however, from 2013 to 2020, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Egypt.

From 2012 to 2020, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Imports of Rape Or Colza Seed

Imports into Ghana

In 2022, after three years of decline, there was decline in supplies from abroad of rape or colza seed, when their volume decreased by 0% to X tons. Over the period under review, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2017 when imports increased by 325% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, rape and colza seed imports amounted to $X in 2022. Overall, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2018 when imports increased by 33%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Africa (X tons) was the main supplier of rape and colza seed to Ghana, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from South Africa was relatively modest.

In value terms, South Africa ($X) constituted the largest supplier of rape or colza seed to Ghana.

From 2012 to 2022, the average annual rate of growth in terms of value from South Africa was relatively modest.

Import Prices by Country

The average rape and colza seed import price stood at $X per ton in 2022, approximately equating the previous year. Overall, the import price showed a modest expansion. The pace of growth was the most pronounced in 2016 an increase of 196%. As a result, import price reached the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -9.8% per year.

Source: IndexBox Platform

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