Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ghana - 2022

Contents:

  1. Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ghana (CIF) - 2022
  2. Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ghana

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ghana (CIF) - 2022

The average import price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $43,595 per ton in 2022, falling by -16.1% against the previous year. In general, the import price, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2018 an increase of 77%. The import price peaked at $51,945 per ton in 2021, and then contracted dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($44,847 per ton), while the price for the UK amounted to $2,714 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.2%).

Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ghana

Imports of pharmaceutical goods; appliances identifiable for ostomy uses into Ghana soared to 734 kg in 2022, growing by 19% compared with the previous year. The total import volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 40% against the previous year. As a result, imports reached the peak of 839 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses totaled $32K in 2022. The total import value increased at an average annual rate of +10.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 36% against the previous year. As a result, imports attained the peak of $32K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India23.632.031.931.910.6%
United KingdomN/A0.1N/AN/A0%
OthersN/AN/AN/AN/A0%
Total23.732.131.932.010.5%

Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Ghana in 2022:

  1. India (712.0 kg)
  2. United Kingdom (14.0 kg)

Source: IndexBox Market Intelligence Platform

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