Report Update Nov 1, 2024

Ghana - Wind Powered Generating Sets - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Wind Powered Generator Market 2024

Wind Powered Generator Market Size in Ghana

In 2021, the Ghanian wind powered generator market decreased by -47% to $X, falling for the fourth consecutive year after three years of growth. Over the period under review, consumption saw a precipitous decrease. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Wind Powered Generator Exports

Exports from Ghana

In 2014, approx. X units of wind powered generating sets were exported from Ghana; leveling off at 2013. In general, exports saw a relatively flat trend pattern. The exports peaked in 2014 and are expected to retain growth in the near future.

In value terms, wind powered generator exports totaled $X in 2014. Over the period under review, exports showed a relatively flat trend pattern. The exports peaked in 2014 and are likely to continue growth in the near future.

Exports by Country

Cyprus (X units) was the main destination for wind powered generator exports from Ghana, with a approx. 100% share of total exports.

From 2014 to 2014, the average annual rate of growth in terms of volume to Cyprus was relatively modest.

From 2014 to 2014, the average annual growth rate of value to Cyprus was relatively modest.

Wind Powered Generator Imports

Imports into Ghana

In 2021, purchases abroad of wind powered generating sets decreased by -50% to X units, falling for the fourth consecutive year after four years of growth. In general, imports faced a dramatic setback. The pace of growth was the most pronounced in 2017 when imports increased by 791%. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, wind powered generator imports declined significantly to $X in 2021. Overall, imports showed a dramatic decline. The pace of growth was the most pronounced in 2016 when imports increased by 1,276% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Spain (X units) constituted the largest supplier of wind powered generator to Ghana, accounting for a approx. 50% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain stood at -7.4%.

In value terms, Spain ($X) constituted the largest supplier of wind powered generating sets to Ghana, comprising 99% of total imports. The second position in the ranking was held by China ($X), with a 0.6% share of total imports. It was followed by the UK, with a 0.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-39.2% per year) and the UK (-60.9% per year).

Import Prices by Country

The average wind powered generator import price stood at $X per unit in 2021, jumping by 31% against the previous year. Over the period under review, the import price recorded a significant expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by 577%. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wind powered generating sets in the world?

The countries with the highest volumes of wind powered generator consumption in 2020 were Norway, China and the United States, with a combined 40% share of global consumption.

What are the largest producers of wind powered generating sets in the world?

China remains the largest wind powered generator producing country worldwide, accounting for 21% of total volume. Moreover, wind powered generator production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by Germany, with an 8.9% share.

What are the leading suppliers of wind powered generating sets to Ghana?

In value terms, Spain constituted the largest supplier of wind powered generator to Ghana, comprising 98% of total imports. The second position in the ranking was occupied by Malta $15), with a 0.1% share of total imports.

What is the average import price for wind powered generating sets in Ghana?

The average wind powered generator import price stood at $3,166 per unit in 2020, declining by -68.4% against the previous year.

This report provides an in-depth analysis of the wind powered generator 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 28112400 - Generating sets, wind-powered

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