Ghana - Chilies And Peppers (Green) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChili and Pepper Price in Ghana - 2022
Contents:
- Chili and Pepper Price in Ghana (FOB) - 2022
- Chili and Pepper Price in Ghana (CIF) - 2022
- Chili and Pepper Exports in Ghana
- Chili and Pepper Imports in Ghana
Chili and Pepper Price in Ghana (FOB) - 2022
In 2022, the average chili and pepper export price amounted to $2,979 per ton, rising by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2021 an increase of 24% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($5,746 per ton), while the average price for exports to Benin ($140 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 Norway (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.
Chili and Pepper Price in Ghana (CIF) - 2022
In 2022, the average chili and pepper import price amounted to $1,097 per ton, dropping by -47.3% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 an increase of 50%. The import price peaked at $3,644 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($2,738 per ton), while the price for Morocco ($377 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Niger (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Chili and Pepper Exports in Ghana
In 2022, chili and pepper exports from Ghana reduced modestly to 26 tons, falling by -4.4% compared with 2021. Overall, exports continue to indicate a sharp descent.
In value terms, chili and pepper exports stood at $78K in 2022. Over the period under review, exports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year.
Export of Chili and Pepper in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 151 | 49.5 | 45.2 | 33.0 | -39.8% |
Netherlands | N/A | 2.4 | 13.0 | 30.6 | 257.1% |
France | 1.4 | N/A | N/A | 5.4 | 56.8% |
Switzerland | N/A | N/A | 1.4 | 4.1 | 192.9% |
Norway | 1.3 | N/A | N/A | 1.4 | 2.5% |
Benin | N/A | N/A | N/A | 1.0 | 0% |
Germany | 24.0 | 1.4 | 0.5 | 0.6 | -70.8% |
United Arab Emirates | N/A | 0.4 | N/A | 0.4 | 0.0% |
Cote d'Ivoire | 26.0 | 3.8 | N/A | N/A | -85.4% |
Others | 0.9 | 0.2 | 7.9 | 1.8 | 26.0% |
Total | 205 | 57.8 | 68.0 | 78.1 | -27.5% |
Top Export Markets for Chili and Pepper from Ghana in 2022:
- United Kingdom (8.1 tons)
- Netherlands (7.5 tons)
- Benin (6.9 tons)
- Switzerland (1.1 tons)
- France (0.9 tons)
- United Arab Emirates (0.8 tons)
- Norway (0.4 tons)
- Germany (0.2 tons)
Chili and Pepper Imports in Ghana
In 2022, chili and pepper imports into Ghana surged to 63 tons, increasing by 120% compared with the previous year's figure. Over the period under review, imports, however, faced a abrupt descent.
In value terms, chili and pepper imports soared to $69K in 2022. In general, imports, however, faced a sharp decline.
Import of Chili and Pepper in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 201 | 123 | 49.8 | 42.7 | -40.3% |
Morocco | N/A | N/A | N/A | 16.3 | 0% |
Spain | N/A | N/A | 5.9 | 5.5 | -6.8% |
South Africa | N/A | N/A | N/A | 2.7 | 0% |
Niger | 6.3 | 7.6 | N/A | N/A | 20.6% |
Others | 21.4 | 2.6 | 4.0 | 1.9 | -55.4% |
Total | 228 | 133 | 59.7 | 69.2 | -32.8% |
Top Suppliers of Chili and Pepper to Ghana in 2022:
- Morocco (43.4 tons)
- Netherlands (15.6 tons)
- Spain (2.4 tons)
- South Africa (1.1 tons)
This report provides an in-depth analysis of the chili and pepper 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 401 - Chillies and peppers (green)
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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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
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This report provides an in-depth analysis of the global chili and pepper market.
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