Report Update Nov 1, 2024

Ghana - Unmanufactured Tobacco - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Unmanufactured Tobacco Market 2024

Unmanufactured Tobacco Market Size in Ghana

In 2022, after six years of growth, there was decline in the Ghanian unmanufactured tobacco market, when its value decreased by -0.1% to $X. The market value increased at an average annual rate of +3.5% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. Unmanufactured tobacco consumption peaked at $X in 2021, and then dropped modestly in the following year.

Unmanufactured Tobacco Production in Ghana

In value terms, unmanufactured tobacco production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +5.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 32%. Over the period under review, production hit record highs at $X in 2019; afterwards, it flattened through to 2022.

The average yield of tobacco (unmanufactured) in Ghana fell to X kg per ha in 2022, approximately mirroring the year before. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the yield increased by 3.7%. The unmanufactured tobacco yield peaked at X kg per ha in 2012; however, from 2013 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 tobacco (unmanufactured) production in Ghana reached X ha, therefore, remained relatively stable against the year before. Over the period under review, the harvested area saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the harvested area increased by 2.8% against the previous year. The unmanufactured tobacco harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area remained at a lower figure.

Unmanufactured Tobacco Exports

Exports from Ghana

Unmanufactured tobacco exports from Ghana amounted to X kg in 2021, flattening at 2020 figures. In general, exports showed a significant decline. The smallest decline of -78.6% was in 2013. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, unmanufactured tobacco exports amounted to $X in 2021. Over the period under review, exports saw a precipitous slump. The smallest decline of -75.5% was in 2013. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

France (X kg) was the main destination for unmanufactured tobacco exports from Ghana, with a approx. 50% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to France was relatively modest.

From 2012 to 2021, the average annual growth rate of value to France was relatively modest.

Export Prices by Country

The average unmanufactured tobacco export price stood at $X per ton in 2021, almost unchanged from the previous year. Overall, the export price enjoyed a notable expansion. The growth pace was the most rapid in 2013 an increase of 15%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Cote d'Ivoire amounted to +14.6% per year.

Unmanufactured Tobacco Imports

Imports into Ghana

After three years of growth, purchases abroad of tobacco (unmanufactured) decreased by -6.2% to X kg in 2022. Overall, imports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 31% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, unmanufactured tobacco imports amounted to $X in 2022. In general, imports continue to indicate a precipitous shrinkage. The growth pace was the most rapid in 2014 with an increase of 68%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, India (X kg) was the main unmanufactured tobacco supplier to Ghana, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India amounted to +89.3%.

In value terms, India ($X) constituted the largest supplier of tobacco (unmanufactured) to Ghana.

From 2012 to 2022, the average annual rate of growth in terms of value from India amounted to +92.1%.

Import Prices by Country

The average unmanufactured tobacco import price stood at $X per ton in 2022, picking up by 14% against the previous year. Over the period under review, the import price, however, saw a noticeable decline. The pace of growth appeared the most rapid in 2013 an increase of 166% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +1.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tobacco (unmanufactured) in the world?

The country with the largest volume of unmanufactured tobacco consumption was China, accounting for 37% of total volume. Moreover, unmanufactured tobacco consumption in China exceeded the figures recorded by the second-largest consumer, India, fourfold. The third position in this ranking was occupied by Brazil, with a 5.4% share.

What are the largest producers of tobacco (unmanufactured) in the world?

The country with the largest volume of unmanufactured tobacco production was China, comprising approx. 38% of total volume. Moreover, unmanufactured tobacco production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by Brazil, with a 12% share.

What are the leading suppliers of tobacco (unmanufactured) to Ghana?

In value terms, India constituted the largest supplier of unmanufactured tobacco to Ghana.

What is the average export price for tobacco (unmanufactured) in Ghana?

The average unmanufactured tobacco export price stood at $944 per ton in 2021, almost unchanged from the previous year.

What is the average import price for tobacco (unmanufactured) in Ghana?

The average unmanufactured tobacco import price stood at $2,234 per ton in 2021, waning by -2.9% against the previous year.

This report provides an in-depth analysis of the unmanufactured tobacco 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 826 - Tobacco leaves

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023