Report Update Nov 1, 2024

Ghana - Turbo-Jets of A Thrust not Exceeding 25 Kn - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Market for Turbo-Jets Of A Thrust Not Exceeding 25 kN 2024

Market Size for Turbo-Jets Of A Thrust Not Exceeding 25 kN in Ghana

The Ghanian turbo-jet (under X kN) market reduced to $X in 2022, with a decrease of -9.7% against the previous year. In general, consumption continues to indicate a slight reduction. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Turbo-Jets Of A Thrust Not Exceeding X kN in Ghana

In value terms, turbo-jet (under X kN) production contracted to $X in 2022 estimated in export price. Over the period under review, production showed a slight reduction. The most prominent rate of growth was recorded in 2016 with an increase of 168% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Exports of Turbo-Jets Of A Thrust Not Exceeding 25 kN

Exports from Ghana

In 2022, approx. X units of turbo-jets of a thrust not exceeding X kN were exported from Ghana; remaining relatively unchanged against the previous year's figure. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 500%. As a result, the exports reached the peak of X units. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, turbo-jet (under X kN) exports shrank to $X in 2022. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of 451% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Belgium (X units) was the main destination for turbo-jet (under X kN) exports from Ghana, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium was relatively modest.

In value terms, Belgium ($X) also remains the key foreign market for turbo-jets of a thrust not exceeding X kN exports from Ghana.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium amounted to +16.5%.

Export Prices by Country

The average turbo-jet (under X kN) export price stood at $X per unit in 2022, with a decrease of -8.3% against the previous year. In general, the export price, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2013 an increase of 178% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then dropped in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +16.5% per year.

Imports of Turbo-Jets Of A Thrust Not Exceeding 25 kN

Imports into Ghana

Turbo-jet (under X kN) imports into Ghana declined to X units in 2022, waning by -14.3% compared with the previous year. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by 540% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, turbo-jet (under X kN) imports surged to $X in 2022. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2019 with an increase of 14,461% against the previous year. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

India (X units), South Africa (X units) and the United States (X units) were the main suppliers of turbo-jet (under X kN) imports to Ghana, with a combined 50% share of total imports. The Netherlands, Belgium and the UK lagged somewhat behind, together accounting for a further 50%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of 0.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest turbo-jet (under X kN) suppliers to Ghana were South Africa ($X), the Netherlands ($X) and Belgium ($X), together comprising 99% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +55.9%, recorded the highest growth rate of 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

In 2022, the average turbo-jet (under X kN) import price amounted to $X per unit, picking up by 67% against the previous year. Over the period under review, the import price showed significant growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 6,140%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a 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 South Africa ($X per unit), while the price for India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+55.9%), 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 turbo-jets of a thrust not exceeding 25 kn in the world?

The country with the largest volume of turbo-jet consumption was Russia, accounting for 33% of total volume. Moreover, turbo-jet consumption in Russia exceeded the figures recorded by the second-largest consumer, Morocco, twofold. The third position in this ranking was occupied by Canada, with an 8.9% share.

What are the largest producers of turbo-jets of a thrust not exceeding 25 kn in the world?

The countries with the highest volumes of in 2021 were Russia, Canada and Morocco, with a combined 73% share of global production.

What are the leading suppliers of turbo-jets of a thrust not exceeding 25 kn to Ghana?

In value terms, the Netherlands, South Africa and Belgium $847) were the largest turbo-jet suppliers to Ghana, with a combined 96% share of total imports.

What are the leading importers of turbo-jets of a thrust not exceeding 25 kn from Ghana?

In value terms, Belgium remains the key foreign market for turbo-jet exports from Ghana.

What is the average export price for turbo-jets of a thrust not exceeding 25 kn in Ghana?

The average turbo-jet export price stood at $7,226 per unit in 2021, waning by -8.3% against the previous year.

What is the average import price for turbo-jets of a thrust not exceeding 25 kn in Ghana?

The average turbo-jet import price stood at $107 per unit in 2021, with a decrease of -3.7% against the previous year.

This report provides an in-depth analysis of the market for turbo-jet (under 25 kn) 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 30301200 - Turbo-jets and turbo-propellers, for civil use

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023