Report Update Mar 1, 2025

Ghana - Semiconductor Devices - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Semiconductor Device Market 2025

Semiconductor Device Market Size in Ghana

In 2021, after four years of growth, there was significant decline in the Ghanian semiconductor device market, when its value decreased by -13% to $X. Overall, consumption, however, showed a resilient increase. Semiconductor device consumption peaked at $X in 2020, and then shrank in the following year.

Semiconductor Device Exports

Exports from Ghana

In 2021, overseas shipments of semiconductor devices decreased by -85% to X units for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports showed a dramatic descent. The most prominent rate of growth was recorded in 2020 when exports increased by 527%. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, semiconductor device exports surged to $X in 2021. Overall, exports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of 748% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Burkina Faso (X units) was the main destination for semiconductor device exports from Ghana, accounting for a 59% share of total exports. Moreover, semiconductor device exports to Burkina Faso exceeded the volume sent to the second major destination, Cote d'Ivoire (X units), threefold.

From 2012 to 2021, the average annual growth rate of volume to Burkina Faso totaled -24.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (+6.0% per year) and the Netherlands (0.0% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for semiconductor devices exports from Ghana, comprising 47% of total exports. The second position in the ranking was held by Cote d'Ivoire ($X), with a 5.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the Netherlands was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Cote d'Ivoire (-16.1% per year) and Burkina Faso (-21.7% per year).

Export Prices by Country

In 2021, the average semiconductor device export price amounted to $X per unit, surging by 1,123% against the previous year. Overall, the export price continues to indicate a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Burkina Faso ($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 Burkina Faso (+4.3%).

Semiconductor Device Imports

Imports into Ghana

In 2021, after four years of growth, there was significant decline in overseas purchases of semiconductor devices, when their volume decreased by -13.3% to X units. Overall, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of 545% against the previous year. Imports peaked at X units in 2020, and then contracted in the following year.

In value terms, semiconductor device imports shrank significantly to $X in 2021. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2015 when imports increased by 313%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X units), the UK (X units) and Malaysia (X units) were the main suppliers of semiconductor device imports to Ghana, together accounting for 93% of total imports.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +49.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Turkey ($X) and the UK ($X) appeared to be the largest semiconductor device suppliers to Ghana, with a combined 71% share of total imports.

Among the main suppliers, Turkey, with a CAGR of +47.7%, 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 semiconductor device import price stood at less than $X per unit in 2021, reducing by -2.9% against the previous year. In general, the import price faced a dramatic contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 26% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per unit), while the price for Turkey (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.8%), 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 semiconductor devices in the world?

The country with the largest volume of semiconductor device consumption was China, accounting for 43% of total volume. Moreover, semiconductor device consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fivefold. The third position in this ranking was occupied by India, with a 6.7% share.

What are the largest producers of semiconductor devices in the world?

The countries with the highest volumes of in 2021 were the United States, India and Japan, with a combined 43% share of global production.

What are the leading suppliers of semiconductor devices to Ghana?

In value terms, the largest semiconductor device suppliers to Ghana were France, Canada and Turkey, with a combined 65% share of total imports.

What are the leading importers of semiconductor devices from Ghana?

In value terms, Cote d'Ivoire $83) remains the key foreign market for semiconductor device exports from Ghana, comprising 15% of total exports. The second position in the ranking was occupied by Burkina Faso $8), with a 1.5% share of total exports.

What is the average export price for semiconductor devices in Ghana?

The average semiconductor device export price stood at $0.5 per unit in 2021, which is down by -11% against the previous year.

What is the average import price for semiconductor devices in Ghana?

The average semiconductor device import price stood at $49 per thousand units in 2021, reducing by -27.1% against the previous year.

This report provides an in-depth analysis of the semiconductor device 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 26112260 - Semiconductor devices (excluding photosensitive semiconductor devices, photovoltaic cells, thyristors, diacs and triacs, transistors, diodes, and light-emitting diodes)

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024