Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Ghana - 2022
Contents:
- Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Ghana (CIF) - 2022
- Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Ghana (FOB) - 2022
- Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Ghana
- Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Ghana
Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Ghana (CIF) - 2022
The average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $174 per ton in 2022, shrinking by -15.9% against the previous year. Over the period under review, the import price showed a precipitous decrease. The pace of growth was the most pronounced in 2018 an increase of 18% against the previous year. The import price peaked at $3,420 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Togo ($196 per ton), while the price for Niger ($132 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Togo (-6.9%), while the prices for the other major suppliers experienced a decline.
Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Ghana (FOB) - 2022
In 2022, the average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $156 per ton, reducing by -44.7% against the previous year. Over the period under review, the export price, however, posted a pronounced expansion. The pace of growth was the most pronounced in 2015 an increase of 129% against the previous year. The export price peaked at $1,377 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($568 per ton), while the average price for exports to Burkina Faso ($33 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 India (+18.7%), while the prices for the other major destinations experienced a decline.
Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Ghana
In 2022, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell into Ghana surged to 23 tons, with an increase of 609% on the previous year's figure. In general, imports, however, saw a dramatic setback.
In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell surged to $4K in 2022. Overall, imports, however, faced a sharp decrease.
| Import of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Niger | 15.4 | 47.8 | 0.4 | 1.9 | -50.2% |
| Togo | 1.6 | 2.0 | 0.1 | 1.1 | -11.7% |
| Burkina Faso | 4.6 | 5.2 | 0.2 | 0.4 | -55.7% |
| Others | 2.4 | 2.5 | 0.1 | 0.6 | -37.0% |
| Total | 24.0 | 57.6 | 0.7 | 4.0 | -45.0% |
Top Suppliers of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell to Ghana in 2022:
- Niger (14.4 tons)
- Togo (5.4 tons)
- Burkina Faso (2.6 tons)
Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Ghana
In 2022, approx. 16 tons of ground-nuts; other than seed, not roasted or otherwise cooked, in shell were exported from Ghana; increasing by 1,042% on 2021 figures. Overall, exports posted a significant increase.
In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell surged to $2.5K in 2022. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2020 with an increase of 686% against the previous year. As a result, the exports attained the peak of $4.7K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 577 | 4,170 | 360 | 976 | 19.1% |
| Burkina Faso | 8.0 | 381 | 21.0 | 435 | 278.8% |
| United States | 1.0 | 34.0 | 11.0 | 197 | 481.9% |
| Others | 6.0 | 69.0 | 6.0 | 904 | 432.1% |
| Total | 592 | 4,654 | 398 | 2,512 | 61.9% |
Top Export Markets for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell from Ghana in 2022:
- Burkina Faso (13.3 tons)
- India (1.7 tons)
- United States (0.7 tons)
1930
This report provides an in-depth analysis of the groundnuts market in Ghana.
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This report provides an in-depth analysis of the groundnuts market in Ghana.
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