Ghana - Track Suits, Ski Suits And Swimwear - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSportswear Price in Ghana - 2022
Contents:
- Sportswear Price in Ghana (CIF) - 2022
- Sportswear Price in Ghana (FOB) - 2022
- Sportswear Imports in Ghana
- Sportswear Exports in Ghana
Sportswear Price in Ghana (CIF) - 2022
In 2022, the average sportswear import price amounted to $2.9 per unit, falling by -21.2% against the previous year. Overall, the import price recorded a pronounced setback. The growth pace was the most rapid in 2021 an increase of 44%. The import price peaked at $5 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($5.2 per unit), while the price for Turkey ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced a decline.
Sportswear Price in Ghana (FOB) - 2022
In 2022, the average sportswear export price amounted to $7.9 per unit, picking up by 3.7% against the previous year. In general, the export price, however, continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2015 when the average export price increased by 36%. The export price peaked at $27 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($8.5 per unit), while the average price for exports to South Africa ($4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (-6.1%), while the prices for the other major destinations experienced a decline.
Sportswear Imports in Ghana
Sportswear imports into Ghana skyrocketed to 168K units in 2022, growing by 95% against the previous year's figure. In general, imports saw a moderate expansion. Imports peaked at 257K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, sportswear imports soared to $490K in 2022. Overall, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 111%. As a result, imports attained the peak of $661K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Sportswear in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 44.3 | 117 | 65.1 | 103 | 32.5% |
| United Arab Emirates | 29.2 | 54.9 | 27.8 | 96.7 | 49.1% |
| Netherlands | 10.7 | 98.0 | 45.6 | 60.6 | 78.3% |
| China | 39.3 | 87.5 | 40.8 | 54.4 | 11.4% |
| Turkey | 2.9 | 7.6 | 19.0 | 45.7 | 150.7% |
| Pakistan | 19.1 | 81.7 | 56.1 | 28.9 | 14.8% |
| South Africa | 13.6 | 2.7 | 1.3 | 15.6 | 4.7% |
| Brazil | 12.5 | 68.4 | 20.4 | 12.1 | -1.1% |
| Morocco | 109 | N/A | N/A | N/A | 0% |
| Others | 33.5 | 142 | 42.3 | 72.2 | 29.2% |
| Total | 314 | 661 | 318 | 490 | 16.0% |
Top Suppliers of Sportswear to Ghana in 2022:
- Turkey (46.5K units)
- Austria (31.1K units)
- United Arab Emirates (28.5K units)
- Netherlands (16.9K units)
- China (14.5K units)
- Brazil (6.2K units)
- Pakistan (5.5K units)
- South Africa (4.0K units)
Sportswear Exports in Ghana
In 2022, shipments abroad of track suits, ski suits and swimwear decreased by -24.7% to 359 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 443% against the previous year. The exports peaked at 477 units in 2021, and then reduced notably in the following year.
In value terms, sportswear exports plummeted to $2.8K in 2022. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 359%. Over the period under review, the exports reached the peak figure at $3.6K in 2021, and then declined remarkably in the following year.
| Export of Sportswear in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 34.0 | 397 | 1,039 | 2,375 | 311.8% |
| Nigeria | 401 | 1,452 | 2,005 | 315 | -7.7% |
| Angola | 6.0 | 36.0 | 139 | 29.0 | 69.1% |
| Netherlands | N/A | 39.0 | 108 | 25.0 | -19.9% |
| United States | N/A | N/A | 225 | N/A | 0% |
| Others | 5.0 | 124 | 133 | 105 | 175.9% |
| Total | 446 | 2,048 | 3,649 | 2,849 | 85.5% |
Top Export Markets for Sportswear from Ghana in 2022:
- Cote d'Ivoire (280.0 units)
- Nigeria (58.0 units)
- Netherlands (4.0 units)
- Angola (4.0 units)
This report provides an in-depth analysis of the sportswear 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 14191210 - Track-suits, of knitted or crocheted textiles
- Prodcom 14191230 - Ski-suits, of knitted or crocheted textiles
- Prodcom 14191240 - Men
- Prodcom 14191250 - Women
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
- 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 sportswear in countries like the United States, Germany, France, and more. Find out key statistics and data from IndexBox.
924
In value terms, track suits, swimwear and other garments imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indi...
794
In value terms, track suits, swimwear and other garments exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, ...
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Global sportswear imports amounted to X tons in 2016, remaining constant against the previous year figure. In general, sportswear imports continue to indicate a mild slump. The most prominent rat...
1103
Global sportswear imports amounted to X tons in 2016, remaining constant against the previous year figure. In general, sportswear imports continue to indicate a mild slump. The most prominent rat...
169
Explore the top import markets for sportswear in countries like the United States, Germany, France, and more. Find out key statistics and data from IndexBox.
924
In value terms, track suits, swimwear and other garments imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indi...
794
In value terms, track suits, swimwear and other garments exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, ...
1252
Global sportswear imports amounted to X tons in 2016, remaining constant against the previous year figure. In general, sportswear imports continue to indicate a mild slump. The most prominent rat...
1103
Global sportswear imports amounted to X tons in 2016, remaining constant against the previous year figure. In general, sportswear imports continue to indicate a mild slump. The most prominent rat...
