Ghana - Agricultural And Forestry Tractors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Agricultural and Forestry Tractor in Ghana - 2022
Contents:
- Price for Agricultural and Forestry Tractor in Ghana (CIF) - 2022
- Price for Agricultural and Forestry Tractor in Ghana (FOB) - 2022
- Imports of Agricultural and Forestry Tractor in Ghana
- Exports of Agricultural and Forestry Tractor in Ghana
Price for Agricultural and Forestry Tractor in Ghana (CIF) - 2022
The average agricultural and forestry tractor import price stood at $7,838 per unit in 2022, reducing by -9% against the previous year. Overall, the import price showed a perceptible setback. The growth pace was the most rapid in 2016 when the average import price increased by 94%. The import price peaked at $11,222 per unit in 2012; however, from 2013 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 United States ($29,140 per unit), while the price for Spain ($1,317 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Agricultural and Forestry Tractor in Ghana (FOB) - 2022
The average agricultural and forestry tractor export price stood at $28,225 per unit in 2022, picking up by 106% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $33,118 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Egypt.
From 2012 to 2022, the rate of growth in terms of prices for Benin amounted to +750.0% per year.
Imports of Agricultural and Forestry Tractor in Ghana
In 2022, imports of agricultural and forestry tractors into Ghana declined to 1.9K units, with a decrease of -7.2% on the year before. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 40% against the previous year. Over the period under review, imports hit record highs at 2.3K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, agricultural and forestry tractor imports shrank sharply to $15M in 2022. Over the period under review, imports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. Over the period under review, imports reached the peak figure at $19M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Agricultural and Forestry Tractor in Ghana (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | 2,440 | 2,345 | 4,086 | 1,784 | -9.9% |
United States | 645 | 363 | 743 | 1,399 | 29.4% |
China | 706 | 1,120 | 1,271 | 1,283 | 22.0% |
India | 660 | 613 | 1,676 | 1,226 | 22.9% |
Pakistan | 435 | 448 | 1,453 | 1,118 | 37.0% |
Czech Republic | 2,413 | 1,156 | 808 | 1,037 | -24.5% |
Italy | 987 | 279 | 437 | 685 | -11.5% |
Germany | 1,733 | 1,494 | 1,041 | 611 | -29.4% |
Netherlands | 205 | 107 | 406 | 580 | 41.4% |
Turkey | 342 | 146 | 579 | 520 | 15.0% |
Spain | 2,082 | 156 | 262 | 205 | -53.8% |
Norway | 263 | 139 | 174 | 109 | -25.4% |
Finland | 78.0 | 22.1 | 52.1 | 63.9 | -6.4% |
Others | 6,246 | 5,463 | 4,844 | 4,443 | -10.7% |
Total | 19,237 | 13,852 | 17,832 | 15,065 | -7.8% |
Top Suppliers of Agricultural and Forestry Tractor to Ghana in 2022:
- India (161.0 units)
- Italy (158.0 units)
- Spain (156.0 units)
- Pakistan (84.0 units)
- Netherlands (82.0 units)
- Turkey (82.0 units)
- Brazil (65.0 units)
- Germany (65.0 units)
- Czech Republic (52.0 units)
- China (51.0 units)
- United States (48.0 units)
- Norway (35.0 units)
- Finland (24.0 units)
Exports of Agricultural and Forestry Tractor in Ghana
In 2022, approx. 1 units of agricultural and forestry tractors were exported from Ghana; reducing by -50% on the previous year. Over the period under review, exports saw a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 100% against the previous year. Over the period under review, the exports reached the maximum at 9 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, agricultural and forestry tractor exports expanded to $28K in 2022. Overall, exports faced a sharp downturn. The pace of growth was the most pronounced in 2021 when exports increased by 3% against the previous year. Over the period under review, the exports attained the maximum at $279K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Agricultural and Forestry Tractor in Ghana (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Egypt | 14.7 | N/A | N/A | 28.2 | 24.3% |
Burkina Faso | 5.9 | N/A | N/A | N/A | 0% |
Niger | 12.4 | N/A | N/A | N/A | 0% |
Ireland | 229 | N/A | N/A | N/A | 0% |
Cote d'Ivoire | 4.3 | 26.6 | 27.4 | N/A | 152.4% |
Denmark | 2.0 | N/A | N/A | N/A | 0% |
Others | 11.3 | N/A | N/A | N/A | 0% |
Total | 279 | 26.6 | 27.4 | 28.2 | -53.4% |
Top Export Markets for Agricultural and Forestry Tractor from Ghana in 2022:
- Egypt (1.0 units)
This report provides an in-depth analysis of the market for agricultural and forestry tractor 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 28302100 - New agricultural and forestry tractors, wheeled, of an engine power . .37 kW
- Prodcom 28302200 - New agricultural and forestry tractors, wheeled, of an engine power > .37 kW but . .59 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302330 - New agricultural and forestry tractors, wheeled, of an engine power > .59 kW but . .75 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302350 - New agricultural and forestry tractors, wheeled, of an engine power > .75 kW but . .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302370 - New agricultural and forestry tractors, wheeled, of an engine power > .90 kW (excluding pedestrian-controlled tractors)
- Prodcom 28302390 - New tractors excluding agricultural/forestry tractors, wheeled, p edestrian-controlled tractors - road tractors for semi-trailers, t rack-laying tractors -tractors used on railway platforms
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
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Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
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Explore the top countries by import value for Crawler Tractors, including the United States, Canada, Australia, and more. Discover key statistics and trends in the global market for these essential machines.
Explore the top import markets for agricultural and forestry tractors, their import values, and key statistics. Discover the leading countries in the global market using data from IndexBox platform.
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
In 2016, approx. X tons of tractor were imported worldwide- shrinking by -X% against the previous year figure. Overall, tractor imports continue to indicate a relatively flat trend pattern. The...
Mexico claimed dominance in the global road tractors for semi-trailers trade. In 2014, Mexico exported X thousand units of road tractors for semi-trailers totaling X billion USD, X% over the previous year. Its primary trading partner was the U.
Explore the top countries by import value for Crawler Tractors, including the United States, Canada, Australia, and more. Discover key statistics and trends in the global market for these essential machines.