Ghana: Market for Orange Juice (Single Strength) 2024

Market Size for Orange Juice (Single Strength) in Ghana

The Ghanian orange juice (single strength) market dropped sharply to $X in 2022, falling by X% against the previous year. Over the period under review, consumption, however, showed a remarkable increase. As a result, consumption attained the peak level of $X, and then declined notably in the following year.

Production of Orange Juice (Single Strength) in Ghana

In value terms, orange juice (single strength) production reduced markedly to $X in 2022 estimated in export price. Over the period under review, production showed a deep reduction. The most prominent rate of growth was recorded in 2016 with an increase of X%. Orange juice (single strength) production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Orange Juice (Single Strength)

Exports from Ghana

In 2022, approx. X tons of orange juice (single strength) were exported from Ghana; picking up by X% on 2021 figures. Over the period under review, exports, however, continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, orange juice (single strength) exports surged to $X in 2022. Overall, exports, however, showed a abrupt decrease. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Switzerland (X tons) and the Netherlands (X tons) were the main destinations of orange juice (single strength) exports from Ghana.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of X%).

In value terms, Switzerland ($X) remains the key foreign market for orange juice (single strength) exports from Ghana, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Switzerland amounted to X%.

Export Prices by Country

In 2022, the average orange juice (single strength) export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price continues to indicate a notable expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to the Netherlands amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Orange Juice (Single Strength)

Imports into Ghana

In 2022, supplies from abroad of orange juice (single strength) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, posted modest growth. The growth pace was the most rapid in 2020 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, orange juice (single strength) imports declined to $X in 2022. Overall, imports, however, enjoyed a moderate increase. The growth pace was the most rapid in 2020 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Africa (X tons) constituted the largest supplier of orange juice (single strength) to Ghana, accounting for a X% share of total imports. Moreover, orange juice (single strength) imports from South Africa exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), fourfold. The third position in this ranking was held by the Netherlands (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from South Africa amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and the Netherlands (X% per year).

In value terms, South Africa ($X) constituted the largest supplier of orange juice (single strength) to Ghana, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports. It was followed by the Netherlands, with an X% share.

From 2012 to 2022, the average annual growth rate of value from South Africa stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average orange juice (single strength) import price amounted to $X per ton, growing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Cyprus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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