Ghana - Tomatoes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGhana: Tomato Market 2024
Tomato Market Size in Ghana
The Ghanian tomato market declined modestly to $X in 2022, flattening at the previous year. Over the period under review, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +1.4% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.
Tomato Production in Ghana
In value terms, tomato production shrank slightly to $X in 2022 estimated in export price. In general, production posted prominent growth. The pace of growth appeared the most rapid in 2013 when the production volume increased by 125% against the previous year. Tomato production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.
In 2022, the average tomato yield in Ghana was estimated at X tons per ha, flattening at the year before. Over the period under review, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the yield increased by 5.7% against the previous year. The tomato yield peaked at X tons per ha in 2017; however, from 2018 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2022, the total area harvested in terms of tomatoes production in Ghana totaled X ha, remaining constant against the previous year. Over the period under review, the harvested area showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 3%. Over the period under review, the harvested area dedicated to tomato production reached the maximum in 2022 and is likely to continue growth in years to come.
Tomato Exports
Exports from Ghana
In 2022, approx. X tons of tomatoes were exported from Ghana; surging by 12% against 2021 figures. Over the period under review, exports, however, faced a precipitous slump. The most prominent rate of growth was recorded in 2016 with an increase of 100% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
In value terms, tomato exports shrank remarkably to $X in 2022. Overall, exports, however, recorded a dramatic decline. The growth pace was the most rapid in 2021 when exports increased by 106% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
Burkina Faso (X kg) was the main destination for tomato exports from Ghana, with a 71% share of total exports. Moreover, tomato exports to Burkina Faso exceeded the volume sent to the second major destination, Niger (X kg), fourfold. The United States (X kg) ranked third in terms of total exports with an 8.1% share.
From 2012 to 2022, the average annual rate of growth in terms of volume to Burkina Faso amounted to -31.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Niger (-12.1% per year) and the United States (+3.3% per year).
In value terms, the largest markets for tomato exported from Ghana were the United States ($X), Burkina Faso ($X) and Niger ($X), together comprising 85% of total exports.
The United States, with a CAGR of +12.4%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.
Export Prices by Country
In 2022, the average tomato export price amounted to $X per ton, reducing by -33.7% against the previous year. Overall, the export price, however, recorded strong growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 409%. The export price peaked at $X per ton in 2021, and then shrank rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Niger ($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 Burkina Faso (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Tomato Imports
Imports into Ghana
In 2022, after three years of decline, there was growth in supplies from abroad of tomatoes, when their volume increased by 2.1% to X tons. In general, imports, however, faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when imports increased by 62% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.
In value terms, tomato imports rose rapidly to $X in 2022. Overall, imports, however, faced a deep setback. The pace of growth appeared the most rapid in 2015 with an increase of 49% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.
Imports by Country
In 2022, Burkina Faso (X tons) was the main tomato supplier to Ghana, accounting for a 96% share of total imports. It was followed by Morocco (X tons), with a 2% share of total imports.
From 2012 to 2022, the average annual growth rate of volume from Burkina Faso totaled -10.5%.
In value terms, Burkina Faso ($X) constituted the largest supplier of tomatoes to Ghana, comprising 91% of total imports. The second position in the ranking was taken by Morocco ($X), with a 4.2% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value from Burkina Faso stood at -12.5%.
Import Prices by Country
In 2022, the average tomato import price amounted to $X per ton, with an increase of 3.4% against the previous year. In general, the import price, however, showed a mild slump. The most prominent rate of growth was recorded in 2019 an increase of 16%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Morocco ($X per ton), while the price for Burkina Faso stood at $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Burkina Faso (-2.2%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the tomato 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:
- FCL 388 - Tomatoes, fresh
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- 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 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- Yield 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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