Price for Cheese of All Kinds, Grated or Powdered in Ghana - 2022
Contents:
- Price for Cheese of All Kinds, Grated or Powdered in Ghana (CIF) - 2022
- Price for Cheese of All Kinds, Grated or Powdered in Ghana (FOB) - 2022
- Imports of Cheese of All Kinds, Grated or Powdered in Ghana
- Exports of Cheese of All Kinds, Grated or Powdered in Ghana
Price for Cheese of All Kinds, Grated or Powdered in Ghana (CIF) - 2022
The average import price for cheese of all kinds, grated or powdered stood at $4,341 per ton in 2022, reducing by -32.1% against the previous year. Over the period under review, the import price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 75%. Over the period under review, average import prices hit record highs at $8,402 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($30,600 per ton), while the price for Belgium ($449 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cheese of All Kinds, Grated or Powdered in Ghana (FOB) - 2022
In 2022, the average export price for cheese of all kinds, grated or powdered amounted to $4,255 per ton, remaining stable against the previous year. Overall, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cheese of all kinds, grated or powdered increased by +3.5% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 103% against the previous year. The export price peaked at $5,067 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Namibia.
From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to 0.0% per year.
Imports of Cheese of All Kinds, Grated or Powdered in Ghana
In 2022, purchases abroad of cheese of all kinds, grated or powdered was finally on the rise to reach 29 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a dramatic curtailment.
In value terms, imports of cheese of all kinds, grated or powdered surged to $127K in 2022. Over the period under review, imports, however, faced a dramatic contraction.
| Import of Cheese of All Kinds, Grated or Powdered in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | N/A | N/A | N/A | 43.5 | 0% |
| United States | 86.7 | 50.9 | 37.5 | 34.2 | -26.7% |
| South Africa | 11.3 | 7.7 | 29.3 | 27.7 | 34.8% |
| Denmark | 11.0 | 17.4 | 16.2 | 8.7 | -7.5% |
| France | 27.9 | 8.8 | 1.4 | 4.2 | -46.8% |
| Belgium | 15.2 | 4.2 | 2.8 | 2.3 | -46.7% |
| Turkey | 71.7 | 64.0 | 1.0 | 1.8 | -70.7% |
| Germany | 57.5 | 0.2 | 0.2 | 0.2 | -84.8% |
| Others | 17.4 | 7.0 | 5.4 | 4.4 | -36.8% |
| Total | 299 | 160 | 93.8 | 127 | -24.8% |
Top Suppliers of Cheese of All Kinds, Grated or Powdered to Ghana in 2022:
- United States (9.0 tons)
- Egypt (5.6 tons)
- South Africa (5.3 tons)
- Belgium (5.2 tons)
- France (0.8 tons)
- Denmark (0.5 tons)
- Turkey (0.2 tons)
Exports of Cheese of All Kinds, Grated or Powdered in Ghana
After three years of growth, overseas shipments of cheese of all kinds, grated or powdered decreased by -5.2% to 55 kg in 2022. The total export volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year.
In value terms, exports of cheese of all kinds, grated or powdered fell to $234 in 2022. The total export value increased at an average annual rate of +5.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 11% against the previous year. As a result, the exports reached the peak of $246, and then shrank in the following year.
| Export of Cheese of All Kinds, Grated or Powdered in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | N/A | N/A | N/A | 234 | 0% |
| Cote d'Ivoire | N/A | N/A | 246 | N/A | 0% |
| Nigeria | 201 | N/A | N/A | N/A | 0% |
| Others | N/A | 222 | N/A | N/A | 0% |
| Total | 201 | 222 | 246 | 234 | 5.2% |
Top Export Markets for Cheese of All Kinds, Grated or Powdered from Ghana in 2022:
- Namibia (55.0 kg)
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