Price for Vegetables; Seed Potatoes, Fresh or Chilled in Ghana - 2022

Contents:

  1. Price for Vegetables; Seed Potatoes, Fresh or Chilled in Ghana (CIF) - 2022
  2. Price for Vegetables; Seed Potatoes, Fresh or Chilled in Ghana (FOB) - 2022
  3. Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Ghana
  4. Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Ghana

Price for Vegetables; Seed Potatoes, Fresh or Chilled in Ghana (CIF) - 2022

In 2022, the average import price for vegetables; seed potatoes, fresh or chilleds amounted to $469 per ton, rising by 16% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when the average import price increased by 31%. Over the period under review, average import prices hit record highs at $567 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($515 per ton), while the price for the UK ($367 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vegetables; Seed Potatoes, Fresh or Chilled in Ghana (FOB) - 2022

In 2022, the average export price for vegetables; seed potatoes, fresh or chilleds amounted to $288 per ton, approximately equating the previous year. Overall, the export price, however, saw a deep reduction. The growth pace was the most rapid in 2015 an increase of 49%. As a result, the export price reached the peak level of $1,664 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Burkina Faso.

From 2012 to 2022, the rate of growth in terms of prices for Burkina Faso amounted to -9.1% per year.

Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Ghana

In 2022, purchases abroad of vegetables; seed potatoes, fresh or chilleds decreased by -7.1% to 541 tons, falling for the second consecutive year after two years of growth. In general, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 136% against the previous year. As a result, imports reached the peak of 632 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of vegetables; seed potatoes, fresh or chilleds rose significantly to $254K in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.7% 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 decreased by -6.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 79% against the previous year. As a result, imports reached the peak of $271K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Vegetables; Seed Potatoes, Fresh or Chilled in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands19.251.512514596.2%
United States11353.3108105-2.4%
United Kingdom19.92.43.63.5-44.0%
NigeriaN/A164N/AN/A0%
Others0.20.1N/AN/A-50.0%
Total15227123625418.7%

Top Suppliers of Vegetables; Seed Potatoes, Fresh or Chilled to Ghana in 2022:

  1. Netherlands (281.6 tons)
  2. United States (249.6 tons)
  3. United Kingdom (9.6 tons)

Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Ghana

In 2022, shipments abroad of vegetables; seed potatoes, fresh or chilleds was finally on the rise to reach 888 kg after two years of decline. In general, exports, however, continue to indicate a relatively flat trend pattern.

In value terms, exports of vegetables; seed potatoes, fresh or chilleds reached $256 in 2022. Overall, exports, however, continue to indicate a slight curtailment.

Export of Vegetables; Seed Potatoes, Fresh or Chilled in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burkina Faso2442582532561.6%
France1.0N/AN/AN/A0%
Others19.0N/AN/AN/A0%
Total264258253256-1.0%

Top Export Markets for Vegetables; Seed Potatoes, Fresh or Chilled from Ghana in 2022:

  1. Burkina Faso (888.0 kg)

Source: IndexBox Market Intelligence Platform

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