Ghana - Super-Heated Water Boilers - Market Analysis, Forecast, Size, Trends and Insights
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Super-Heated Water Boiler Market Size in Ghana
The Ghanian super-heated water boiler market dropped rapidly to $X in 2021, shrinking by -71.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption faced a significant curtailment. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.
Super-Heated Water Boiler Exports
Exports from Ghana
After two years of decline, overseas shipments of super-heated water boilers decreased by 0% to X kg in 2018. In general, exports saw a remarkable increase. The smallest decline of 99.9% was in 2016. Over the period under review, the exports reached the peak figure in 2018 and are expected to retain growth in the immediate term.
In value terms, super-heated water boiler exports totaled $X in 2018. Overall, exports saw a abrupt shrinkage. The smallest decline of 99.9% was in 2016. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2018, the exports remained at a lower figure.
Exports by Country
The United States (X kg) was the main destination for super-heated water boiler exports from Ghana, with a 58% share of total exports. Moreover, super-heated water boiler exports to the United States exceeded the volume sent to the second major destination, South Africa (X kg), threefold. Burkina Faso (X kg) ranked third in terms of total exports with a 13% share.
From 2013 to 2018, the average annual rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (0.0% per year) and Burkina Faso (-27.0% per year).
It was followed by South Africa, with a 5.4% share.
From 2013 to 2018, the average annual growth rate of value to Burkina Faso amounted to -23.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (0.0% per year) and South Africa (0.0% per year).
Export Prices by Country
The average super-heated water boiler export price stood at $X per ton in 2018, standing approx. at the previous year. Overall, the export price saw a sharp descent. The most prominent rate of growth was recorded in 2016 a decrease of 99.9%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2018, the export prices stood at a somewhat lower figure.
Prices varied noticeably country of destination: the country with the highest price was Burkina Faso ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.
From 2013 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+5.1%).
Super-Heated Water Boiler Imports
Imports into Ghana
In 2021, imports of super-heated water boilers into Ghana shrank markedly to X tons, which is down by -76.2% compared with the previous year's figure. Over the period under review, imports recorded a dramatic setback. The pace of growth was the most pronounced in 2018 with an increase of 939% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, super-heated water boiler imports fell dramatically to $X in 2021. In general, imports saw a sharp contraction. The growth pace was the most rapid in 2018 when imports increased by 394%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
India (X kg), China (X kg) and Germany (X kg) were the main suppliers of super-heated water boiler imports to Ghana, with a combined 67% share of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +52.3%), while imports for the other leaders experienced mixed trend patterns.
In value terms, Germany ($X) constituted the largest supplier of super-heated water boilers to Ghana, comprising 50% of total imports. The second position in the ranking was held by India ($X), with a 20% share of total imports. It was followed by the United States, with a 9.5% share.
From 2012 to 2021, the average annual growth rate of value from Germany amounted to +78.5%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-8.4% per year) and the United States (-22.2% per year).
Import Prices by Country
The average super-heated water boiler import price stood at $X per ton in 2021, with an increase of 56% against the previous year. In general, the import price, however, continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2015 an increase of 82% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the super-heated water boiler 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 25301170 - Super-heated water boilers (excluding central heating hot water boilers capable of producing low pressure steam)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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