Report Update Nov 1, 2024

Ghana - Vaccines for Veterinary Medicine - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Veterinary Medicine Vaccines Market 2024

Veterinary Medicine Vaccines Market Size in Ghana

In 2021, the Ghanian veterinary medicine vaccines market increased by 184% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption showed a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Veterinary Medicine Vaccines Exports

Exports from Ghana

In 2021, shipments abroad of vaccines for veterinary medicine increased by 38% to X kg, rising for the fourth consecutive year after two years of decline. In general, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 1,525% against the previous year. Over the period under review, the exports hit record highs at X kg in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, veterinary medicine vaccines exports soared to $X in 2021. Overall, exports recorded a prominent expansion. The pace of growth was the most pronounced in 2014 when exports increased by 6,021%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Zambia (X kg) was the main destination for veterinary medicine vaccines exports from Ghana, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Zambia amounted to +20.9%.

In value terms, Zambia ($X) also remains the key foreign market for vaccines for veterinary medicine exports from Ghana.

From 2012 to 2021, the average annual rate of growth in terms of value to Zambia amounted to +28.8%.

Export Prices by Country

In 2021, the average veterinary medicine vaccines export price amounted to $X per ton, picking up by 18% against the previous year. Over the period under review, the export price posted a resilient expansion. The growth pace was the most rapid in 2014 an increase of 272% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Zimbabwe amounted to +234.8% per year.

Veterinary Medicine Vaccines Imports

Imports into Ghana

In 2021, purchases abroad of vaccines for veterinary medicine increased by 92% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports recorded prominent growth. The pace of growth was the most pronounced in 2017 when imports increased by 156% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see gradual growth in the immediate term.

In value terms, veterinary medicine vaccines imports skyrocketed to $X in 2021. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), France (X tons) and Saudi Arabia (X tons) were the main suppliers of veterinary medicine vaccines imports to Ghana, with a combined 43% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Saudi Arabia (with a CAGR of +88.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of vaccines for veterinary medicine to Ghana, comprising 30% of total imports. The second position in the ranking was taken by Israel ($X), with an 8.3% share of total imports. It was followed by South Africa, with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France stood at +38.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Israel (+42.5% per year) and South Africa (+6.2% per year).

Import Prices by Country

In 2021, the average veterinary medicine vaccines import price amounted to $X per ton, with an increase of 93% against the previous year. Overall, the import price showed a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 the UK (+30.6%), 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 vaccines for veterinary medicine in the world?

The United States remains the largest veterinary medicine vaccines consuming country worldwide, accounting for 39% of total volume. Moreover, veterinary medicine vaccines consumption in the United States exceeded the figures recorded by the second-largest consumer, China, threefold. India ranked third in terms of total consumption with a 5.6% share.

What are the largest producers of vaccines for veterinary medicine in the world?

The United States constituted the country with the largest volume of veterinary medicine vaccines production, accounting for 44% of total volume. Moreover, veterinary medicine vaccines production in the United States exceeded the figures recorded by the second-largest producer, China, threefold. The third position in this ranking was occupied by India, with a 5.8% share.

What are the leading suppliers of vaccines for veterinary medicine to Ghana?

In value terms, South Africa constituted the largest supplier of veterinary medicine vaccines to Ghana, comprising 38% of total imports. The second position in the ranking was occupied by the Netherlands, with a 17% share of total imports. It was followed by India, with a 9.9% share.

What are the leading importers of vaccines for veterinary medicine from Ghana?

In value terms, Zambia $509) remains the key foreign market for veterinary medicine vaccines exports from Ghana.

What is the average export price for vaccines for veterinary medicine in Ghana?

The average veterinary medicine vaccines export price stood at $7,485 per ton in 2020, waning by -93.4% against the previous year.

What is the average import price for vaccines for veterinary medicine in Ghana?

In 2020, the average veterinary medicine vaccines import price amounted to $40,203 per ton, which is down by -11.4% against the previous year.

This report provides an in-depth analysis of the veterinary medicine vaccines 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 21202160 - Vaccines for veterinary medicine

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