Ghana - Tapioca And Substitutes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTapioca and Substitutes Price in Ghana - 2022
Contents:
- Tapioca and Substitutes Price in Ghana (CIF) - 2022
- Tapioca and Substitutes Price in Ghana (FOB) - 2022
- Tapioca and Substitutes Imports in Ghana
- Tapioca and Substitutes Exports in Ghana
Tapioca and Substitutes Price in Ghana (CIF) - 2022
In 2022, the average tapioca and substitutes import price amounted to $1,221 per ton, with an increase of 2.9% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 14% against the previous year. Over the period under review, average import prices hit record highs at $1,442 per ton in 2016; however, from 2017 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 China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -0.5% per year.
Tapioca and Substitutes Price in Ghana (FOB) - 2022
The average tapioca and substitutes export price stood at $989 per ton in 2022, growing by 39% against the previous year. Overall, the export price, however, recorded a mild shrinkage. The pace of growth appeared the most rapid in 2017 an increase of 51%. As a result, the export price reached the peak level of $1,206 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($1,519 per ton), while the average price for exports to Niger ($70 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+34.0%), while the prices for the other major destinations experienced more modest paces of growth.
Tapioca and Substitutes Imports in Ghana
In 2022, after three years of growth, there was significant decline in purchases abroad of tapioca and substitutes, when their volume decreased by -6.3% to 330 tons. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43%. As a result, imports attained the peak of 352 tons, and then declined in the following year.
In value terms, tapioca and substitutes imports fell modestly to $403K in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +19.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. As a result, imports reached the peak of $418K, and then fell in the following year.
Import of Tapioca and Substitutes in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 237 | 270 | 417 | 403 | 19.4% |
Others | 0.7 | 8.0 | 1.3 | 0.6 | -5.0% |
Total | 238 | 278 | 418 | 403 | 19.2% |
Top Suppliers of Tapioca and Substitutes to Ghana in 2022:
- China (329.5 tons)
Tapioca and Substitutes Exports in Ghana
After two years of decline, overseas shipments of tapioca and substitutes increased by 7.4% to 243 tons in 2022. Overall, exports, however, saw a sharp curtailment.
In value terms, tapioca and substitutes exports soared to $240K in 2022. Over the period under review, exports, however, saw a abrupt shrinkage.
Export of Tapioca and Substitutes in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 154 | 145 | 60.6 | 62.8 | -25.8% |
United States | 70.0 | 62.4 | 55.8 | 53.6 | -8.5% |
Kuwait | N/A | 4.0 | 3.3 | 40.0 | 216.2% |
Italy | N/A | 2.6 | 14.8 | 38.5 | 284.8% |
Niger | N/A | N/A | N/A | 0.9 | 0% |
Gabon | N/A | N/A | 7.6 | N/A | 0% |
Others | 169 | 3.5 | 19.3 | 44.5 | -35.9% |
Total | 393 | 218 | 161 | 240 | -15.2% |
Top Export Markets for Tapioca and Substitutes from Ghana in 2022:
- United States (69.7 tons)
- United Kingdom (60.0 tons)
- Italy (35.9 tons)
- Kuwait (26.3 tons)
- Niger (13.0 tons)
This report provides an in-depth analysis of the tapioca and substitutes 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 10621200 - Tapioca and substitutes therefor prepared from starch, in the form of flakes, grains, pearls, siftings or similar forms
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the tapioca and substitutes market in Ghana.
This report provides an in-depth analysis of the global tapioca and substitutes market.
This report provides an in-depth analysis of the tapioca and substitutes market in Ghana.
This report provides an in-depth analysis of the global tapioca and substitutes market.
In value terms, tapioca imports amounted to $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the last...
In value terms, tapioca exports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total exports value decreased at an average annual rate of -X% over the last nin...
In value terms, tapioca imports amounted to $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the last...
In value terms, tapioca exports totaled $X in 2016. Overall, it indicated a strong expansion from 2007 to 2016: the total exports value decreased at an average annual rate of -X% over the last nin...