Ghana: Market for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) 2025

Market Size for Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) in Ghana

The Ghanian market for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) stood at $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Production of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels) in Ghana

In value terms, production of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) amounted to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 86% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production of growth failed to regain momentum.

Exports of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

Exports from Ghana

In 2022, approx. X tons of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) were exported from Ghana; dropping by -36.1% compared with 2021 figures. Over the period under review, exports continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2019 with an increase of 439%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) dropped sharply to $X in 2022. Overall, exports recorded a pronounced descent. The most prominent rate of growth was recorded in 2019 with an increase of 454%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Belgium (X tons) was the main destination for exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) from Ghana, with a 25% share of total exports. Moreover, exports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) to Belgium exceeded the volume sent to the second major destination, the UK (X tons), twofold. The third position in this ranking was held by Italy (X tons), with a 9.2% share.

From 2012 to 2022, the average annual growth rate of volume to Belgium amounted to -6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+12.5% per year) and Italy (-14.3% per year).

In value terms, the largest markets for wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) exported from Ghana were Belgium ($X), the UK ($X) and Italy ($X), with a combined 46% share of total exports. Greece, France and Israel lagged somewhat behind, together accounting for a further 13%.

Greece, with a CAGR of +15.1%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) amounted to $X per ton, with a decrease of -12.1% against the previous year. Overall, the export price saw a mild curtailment. The pace of growth appeared the most rapid in 2020 an increase of 4.6% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+3.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Builders' Joinery And Carpentry Of Wood (Excl. Windows, Doors, Posts and Beams, Assembled Flooring Panels)

Imports into Ghana

In 2022, supplies from abroad of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) decreased by -2.6% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, imports continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2018 with an increase of 44% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) skyrocketed to $X in 2022. Overall, imports, however, saw a temperate increase. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) supplier to Ghana, accounting for a 33% share of total imports. Moreover, imports of builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) from Italy exceeded the figures recorded by the second-largest supplier, South Africa (X tons), threefold. The third position in this ranking was held by Turkey (X tons), with a 9% share.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-12.8% per year) and Turkey (-6.6% per year).

In value terms, the largest wooden builders' joinery and carpentry (excl. windows, doors, posts and beams, assembled flooring panels) suppliers to Ghana were Italy ($X), France ($X) and South Africa ($X), together comprising 40% of total imports. The Czech Republic, Turkey, Spain and Israel lagged somewhat behind, together accounting for a further 17%.

Spain, with a CAGR of +68.1%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for builders' joinery and carpentry of wood (excl. windows, doors, posts and beams, assembled flooring panels) amounted to $X per ton, surging by 22% against the previous year. Over the period under review, the import price saw strong growth. The growth pace was the most rapid in 2019 an increase of 59% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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