Report Update Nov 1, 2024

Ghana - Washing, Bleaching or Dyeing Machines - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Laundry Machine Market 2024

Laundry Machine Market Size in Ghana

The Ghanian laundry machine market declined dramatically to $X in 2021, reducing by -73% 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, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Laundry Machine Exports

Exports from Ghana

In 2021, overseas shipments of washing, bleaching or dyeing machines increased by 225% to X units, rising for the fifth consecutive year after three years of decline. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 500%. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, laundry machine exports soared to $X in 2021. In general, exports posted strong growth. Over the period under review, the exports reached the peak figure at $X in 2013; afterwards, it flattened through to 2021.

Exports by Country

Burkina Faso (X units), Cote d'Ivoire (X units) and Sierra Leone (X units) were the main destinations of laundry machine exports from Ghana.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Burkina Faso (with a CAGR of +62.7%), while the other leaders experienced more modest paces of growth.

In value terms, Burkina Faso ($X) remains the key foreign market for washing, bleaching or dyeing machines exports from Ghana, comprising 75% of total exports. The second position in the ranking was taken by Sierra Leone ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Burkina Faso stood at +73.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sierra Leone (+13.5% per year) and Cote d'Ivoire (-6.7% per year).

Export Prices by Country

The average laundry machine export price stood at $X per unit in 2021, picking up by 91% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible downturn. The growth pace was the most rapid in 2016 an increase of 113%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Burkina Faso ($X per unit), while the average price for exports to Cote d'Ivoire ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sierra Leone (+8.2%), while the prices for the other major destinations experienced mixed trend patterns.

Laundry Machine Imports

Imports into Ghana

In 2021, the amount of washing, bleaching or dyeing machines imported into Ghana contracted dramatically to X units, shrinking by -74% compared with the year before. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 599%. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, laundry machine imports fell sharply to $X in 2021. In general, imports, however, posted pronounced growth. The most prominent rate of growth was recorded in 2020 when imports increased by 428% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The UK (X units), South Africa (X units) and Italy (X units) were the main suppliers of laundry machine imports to Ghana, together comprising 48% of total imports.

From 2012 to 2021, the biggest increases were recorded for South Africa (with a CAGR of +73.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), South Africa ($X) and Germany ($X) constituted the largest laundry machine suppliers to Ghana, together comprising 35% of total imports.

France, with a CAGR of +106.2%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average laundry machine import price amounted to $X per unit, growing by 11% against the previous year. Overall, the import price enjoyed measured growth. The pace of growth was the most pronounced in 2013 an increase of 91% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained 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 India ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+23.1%), 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 washing, bleaching or dyeing machines in the world?

The countries with the highest volumes of laundry machine consumption in 2020 were Taiwan Chinese), Italy and Indonesia, together accounting for 34% of global consumption. Vietnam, Uzbekistan, Iran, Japan, Switzerland, Greece, South Korea, Germany, Bangladesh and Turkey lagged somewhat behind, together accounting for a further 38%.

What are the largest producers of washing, bleaching or dyeing machines in the world?

The countries with the highest volumes of laundry machine production in 2020 were Taiwan Chinese), China and Italy, with a combined 57% share of global production. These countries were followed by Turkey, Germany, South Korea and Greece, which together accounted for a further 32%.

What are the leading suppliers of washing, bleaching or dyeing machines to Ghana?

In value terms, China constituted the largest supplier of laundry machine to Ghana, comprising 74% of total imports. The second position in the ranking was occupied by France, with a 7.5% share of total imports. It was followed by South Africa, with a 6.9% share.

What are the leading importers of washing, bleaching or dyeing machines from Ghana?

In value terms, Burkina Faso $889) remains the key foreign market for laundry machine exports from Ghana, comprising 77% of total exports. The second position in the ranking was occupied by Sierra Leone $184), with a 16% share of total exports.

What is the average export price for washing, bleaching or dyeing machines in Ghana?

The average laundry machine export price stood at $60 per unit in 2020, increasing by 42% against the previous year.

What is the average import price for washing, bleaching or dyeing machines in Ghana?

The average laundry machine import price stood at $610 per unit in 2020, surging by 7.7% against the previous year.

This report provides an in-depth analysis of the laundry machine 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 28942150 - Washing, bleaching or dyeing machines (including wringers and mangles, shaker-tumblers, excluding household or laundry-type washing machines)

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