Audio By Carbonatix
Ghana’s export of mangoes grew by 28% between 2020 and 2021.
According to the Ghana Exports Promotions Center (GEPA), the total value of export in 2021 stood at $64.6 million, compared to $50.3 million in 2020.
This put Ghana in the 11th position in the order of countries that exported mangoes to the world in 2021.
But the nation controls 1.7% of the global market.
In 2021 UK global importation of mangoes amounted to about $230 million with Ghana emerging as the largest supplier to the UK market.
Other prominent importers of mangoes from Ghana were Germany ($9.9m), Switzerland ($6.1m), Belgium ($2.7m) and France ($1.2m).
The major four importing countries comprising UK, Germany, Switzerland and Belgium accounted for about 91.4% of total value of export of mangoes from Ghana.
Between 2017 and 2021, exports from Ghana grew by 27% to Germany and 9% to Switzerland/.
Potential new market
The Global demand for Mangoes has seen a steady growth from 42.91 billion in 2017 to $4.14billion in 2021.
The USA was the biggest importer of mangoes at a value of $818.2 million. Other prominent global importers were China ($774.78 million), Netherlands ($376 million), Germany ($243.4 million, UK ($230. 1 million) and France ($155.8 million).
New and potential markets with significant average growth rates, favorable tariff regimes and geographical advantage to be explored for market diversification and penetration for Ghana's export of mangoes are Russia, Spain, Hong Kong.
Although average tariff applied by China and proximity to market are unfavorable elements to Ghanaian mango exporters, the Chinese market is still worth considering , given the increase in the total value of imported mangoes from the world from $166.75 million in 2017 to $774.78 million in 2021.
Latest Stories
-
Ghanaian VR developer Edmund Darko gains recognition for preserving culture through immersive technology
12 minutes -
Over 2,000 residents connected to rural telephony network in Bole District
37 minutes -
‘I used to sell kerosene’ – Dr Adutwum reflects on childhood hustle
46 minutes -
A new chapter for Africa’s malaria response through accountability and sovereignty
48 minutes -
For every generation, vaccines work — Securing Africa’s health future
48 minutes -
I started farming at a young age – Dr Osei Adutwum reveals
50 minutes -
Two arrested in Kintampo with suspected cannabis worth over GH¢100,000
53 minutes -
My younger brother sacrificed his only pig so I could go to school – Dr Adutwum
54 minutes -
‘I was the first to go to secondary school in my family’ – Dr Adutwum
1 hour -
‘Ghana is ready for business’- Ambassador Victor Smith courts Pacific Northwest investors at Ghana@69 Gala in Seattle
1 hour -
GoldBod CEO tours royal Ghana Gold Refinery ahead of refining services partnership
1 hour -
Institute a Grid Expansion Levy now
1 hour -
Tru-Reset4Growth: Why Ghana must adopt “Big Pushcas” now and revive; The NIB-Nestle Equity Model
2 hours -
UGCFL26 WEEK 9: Wilmar snatch late winner as Ghana Airports earn first victory
2 hours -
Claire’s closes all 154 stores in UK and Ireland with loss of 1,300 jobs
2 hours