Earlier Report Observations
The market for beef, sheep, or goat fat in Ghana experienced steady growth from 2018 to 2023, with total volume rising from 2 415 t to 2 893 t. This represents an overall expansion of 19.8%, or 478 t, over the six-year period.
The pace of growth varied across the years, with the strongest annual increase of 5.1% recorded in 2020. The market continued to expand at a more moderate rate of around 2% in 2021 and 2022 before growth picked up again to 4.1% in 2023.
Domestic production was the dominant component of market supply throughout this time, while import and export volumes remained very low and had a marginal effect on the total market size.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Ghana
- 5.1.1. Annual dynamics of production in Ghana in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Ghana in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Ghana
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Ghana in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Ghana by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Ghana in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Ghana by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Ghana, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Ghana by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Ghana in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Ghana by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Ghana in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Ghana by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Ghana, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Ghana by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Ghana in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Ghana by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Ghana in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Ghana by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Ghana, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Ghana by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Ghana in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Ghana by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Ghana in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Ghana by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Ghana, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Ghana by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production beef, sheep or goat fat in Ghana
In kind, 2017-2020, t
Top producers of beef, sheep or goat fat, 2017-2020
World map of production of beef, sheep or goat fat, 2017-2020
Ghana's production of beef, sheep, or goat fat has grown for the third year in a row. In 2020, the country produced 2 645 tonnes, showing a modest increase of 4.9% compared to 2019. Looking at the period from 2017 to 2020, production rose by 12.4%, with an average annual growth rate of 4.0%.
Annual dynamics of production in Ghana in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.6% | 4.4% | 4.9% | 4.0% |
Exports beef, sheep or goat fat from Ghana
Exports in kind, kg
Annual dynamics of product's exports from Ghana in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
From 2017 to 2020, Niger was nearly the sole buyer of beef, sheep, or goat fat from Ghana, accounting for 100.0% of total exports in volume.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Ghana in kind, 2017-2020
Exports in value, $ US
Annual dynamics of product's exports from Ghana in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
During 2017–2020, exports of beef, sheep, or goat fat from Ghana in value terms were almost entirely focused on Niger, which held a 100.0% share.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Ghana in value, 2017-2020
Imports beef, sheep or goat fat to Ghana
Imports in kind, kg
Ghana's imports of beef, sheep, or goat fat have increased for the second consecutive year. In 2020, imports hit 14 000 kg, a sharp rise of 268.7% from 2019. Over the period from 2018 to 2020, imports surged by 4 676.5%, with an average annual growth rate of 262.8%.
Annual dynamics of product's imports to Ghana in kind, 2017-2020, kg
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | 1 195.6% | 268.7% | - |
Between 2017 and 2020, Germany and Belgium dominated the import structure of beef, sheep, or goat fat to Ghana in volume, together making up 99.9% of total imports.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Ghana in kind, 2017-2020
Imports in value, $ US
The market showed significant volatility during these years. Imports reached their lowest point in 2019 at 68 US dollars, then jumped to a peak of 7 329 US dollars in 2020, marking a dramatic increase of 10 632.0% from the previous year. This represented a 107-fold change between the two years. The largest decline occurred in 2019, when imports fell by 25.8%.
Annual dynamics of product's imports to Ghana in value, 2017-2020, $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | (25.8%) | 10 632.0% | - |
From 2017 to 2020, the partner base for imports in value terms was very limited, with Germany alone responsible for 99.1% of total flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Ghana in value, 2017-2020
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