Price for Wine; Still, in Containers Holding 2 Litres or Less in Ghana - 2022
Contents:
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Ghana (CIF) - 2022
- Price for Wine; Still, in Containers Holding 2 Litres or Less in Ghana (FOB) - 2022
- Imports of Wine; Still, in Containers Holding 2 Litres or Less in Ghana
- Exports of Wine; Still, in Containers Holding 2 Litres or Less in Ghana
Price for Wine; Still, in Containers Holding 2 Litres or Less in Ghana (CIF) - 2022
In December 2021, the average import price for wine; still, in containers holding 2 litres or lesses amounted to $1.3 per litre, dropping by -2% against the previous month. Overall, the import price, however, showed mild growth. The most prominent rate of growth was recorded in August 2021 an increase of 122% month-to-month. As a result, import price attained the peak level of $3.2 per litre. From September 2021 to December 2021, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Portugal ($4.1 per litre), while the price for the United States ($802 per thousand litres) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Portugal (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wine; Still, in Containers Holding 2 Litres or Less in Ghana (FOB) - 2022
The average export price for wine; still, in containers holding 2 litres or lesses stood at $0.9 per litre in 2022, waning by -51.6% against the previous year. In general, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 77%. As a result, the export price attained the peak level of $2.9 per litre. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($2.2 per litre), while the average price for exports to Togo totaled $0.8 per litre.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+2.6%), while the prices for the other major destinations experienced a decline.
Imports of Wine; Still, in Containers Holding 2 Litres or Less in Ghana
In 2022, purchases abroad of wine; still, in containers holding 2 litres or lesses decreased by -10.2% to 22M litres for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.8% 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 increased by +89.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 69% against the previous year. Imports peaked at 24M litres in 2021, and then dropped in the following year.
In value terms, imports of wine; still, in containers holding 2 litres or lesses reduced to $29M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 49% against the previous year. Imports peaked at $33M in 2021, and then fell in the following year.
| Import of Wine; Still, in Containers Holding 2 Litres or Less in Ghana (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Togo | 0.3 | 3.9 | 4.9 | 7.9 | 197.5% |
| Spain | 4.5 | 7.2 | 8.3 | 5.7 | 8.2% |
| South Africa | 2.0 | 1.3 | 3.0 | 3.0 | 14.5% |
| France | 1.6 | 1.4 | 2.1 | 1.7 | 2.0% |
| Italy | 0.5 | 0.4 | 0.7 | 0.5 | 0.0% |
| Others | 8.1 | 11.1 | 14.3 | 10.4 | 8.7% |
| Total | 17.0 | 25.3 | 33.2 | 29.2 | 19.8% |
Top Suppliers of Wine; Still, in Containers Holding 2 Litres or Less to Ghana in 2022:
- Togo (9.0M litres)
- Spain (4.8M litres)
- South Africa (0.7M litres)
- France (0.5M litres)
- Italy (0.2M litres)
Exports of Wine; Still, in Containers Holding 2 Litres or Less in Ghana
For the fourth consecutive year, Ghana recorded growth in overseas shipments of wine; still, in containers holding 2 litres or lesses, which increased by 73% to 2.7M litres in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 320% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of wine; still, in containers holding 2 litres or lesses reduced notably to $2.5M in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 265% against the previous year. The exports peaked at $3M in 2021, and then declined remarkably in the following year.
| Export of Wine; Still, in Containers Holding 2 Litres or Less in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Togo | 95.9 | 331 | 409 | 1,990 | 174.8% |
| Cote d'Ivoire | 450 | 1,672 | 2,550 | 393 | -4.4% |
| Others | 2.4 | 0.2 | 8.7 | 102 | 249.0% |
| Total | 548 | 2,004 | 2,968 | 2,486 | 65.5% |
Top Export Markets for Wine; Still, in Containers Holding 2 Litres or Less from Ghana in 2022:
- Togo (2494.9K litres)
- Cote d'Ivoire (175.4K litres)
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