Report Update Nov 1, 2024

Ghana - Oriented Strand Board (OSB) - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Oriented Strandboard (Osb) Market 2024

Oriented Strandboard (Osb) Market Size in Ghana

The Ghanian oriented strandboard (OSB) market skyrocketed to $X in 2021, picking up by 97% against the previous year. In general, consumption posted buoyant growth. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Oriented Strandboard (Osb) Production in Ghana

In value terms, oriented strandboard (OSB) production expanded sharply to $X in 2021 estimated in export price. Over the period under review, production saw a mild setback. The most prominent rate of growth was recorded in 2016 with an increase of 13% against the previous year. Oriented strandboard (OSB) production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Oriented Strandboard (Osb) Exports

Exports from Ghana

In 2013, oriented strandboard (osb) exports from Ghana amounted to X cubic meters, remaining constant against the previous year. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the maximum in 2013 and are expected to retain growth in years to come.

In value terms, oriented strandboard (OSB) exports totaled $X in 2013. Over the period under review, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2013 and are likely to continue growth in the near future.

Exports by Country

From 2013 to 2017, the average annual rate of growth in terms of volume to No country was relatively modest.

From 2013 to 2017, the average annual rate of growth in terms of value to No country was relatively modest.

Oriented Strandboard (Osb) Imports

Imports into Ghana

Oriented strandboard (OSB) imports into Ghana skyrocketed to X cubic meters in 2021, increasing by 64% on the previous year's figure. Over the period under review, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2019 when imports increased by 1,362%. As a result, imports attained the peak of X cubic meters. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, oriented strandboard (OSB) imports skyrocketed to $X in 2021. Overall, imports continue to indicate a prominent expansion. The growth pace was the most rapid in 2019 when imports increased by 1,442%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X cubic meters) constituted the largest supplier of oriented strandboard (OSB) to Ghana, accounting for a 44% share of total imports. Moreover, oriented strandboard (OSB) imports from China exceeded the figures recorded by the second-largest supplier, Canada (X cubic meters), threefold. South Africa (X cubic meters) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +19.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+1.7% per year) and South Africa (+33.4% per year).

In value terms, China ($X) constituted the largest supplier of oriented strandboard (OSB) to Ghana, comprising 51% of total imports. The second position in the ranking was taken by Romania ($X), with a 13% share of total imports. It was followed by South Africa, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+18.8% per year) and South Africa (+71.6% per year).

Import Prices by Country

In 2021, the average oriented strandboard (OSB) import price amounted to $X per cubic meter, increasing by 84% against the previous year. In general, the import price, however, showed a slight descent. Over the period under review, average import prices reached the peak figure at $X per cubic meter in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Romania ($X per cubic meter), while the price for Canada ($X per cubic meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+5.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for oriented strandboard (osb) in the world?

The United States remains the largest oriented strandboard osb) consuming country worldwide, comprising approx. 64% of total volume. Moreover, oriented strandboard osb) consumption in the United States exceeded the figures recorded by the second-largest consumer, China, sevenfold. Germany ranked third in terms of total consumption with a 3.9% share.

What are the largest producers of oriented strandboard (osb) in the world?

The countries with the highest volumes of oriented strandboard osb) production in 2021 were the United States, Canada and China, together accounting for 71% of global production. These countries were followed by Russia, Romania, Germany, Poland, the Czech Republic, Latvia and the UK, which together accounted for a further 20%.

What are the leading suppliers of oriented strandboard (osb) to Ghana?

In value terms, China constituted the largest supplier of oriented strandboard osb) to Ghana, comprising 85% of total imports. The second position in the ranking was occupied by Romania, with a 9% share of total imports.

What are the leading importers of oriented strandboard (osb) from Ghana?

In value terms, the largest markets for oriented strandboard osb) exported from Ghana were the United Arab Emirates $249), Germany $149) and the United States $43).

What is the average export price for oriented strandboard (osb) in Ghana?

In 2013, the average oriented strandboard osb) export price amounted to $118 per cubic meter, approximately equating the previous year.

What is the average import price for oriented strandboard (osb) in Ghana?

The average oriented strandboard osb) import price stood at $277 per cubic meter in 2021, with an increase of 2.2% against the previous year.

This report provides an in-depth analysis of the oriented strandboard (osb) market in Ghana. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 1606 - OSB

Country coverage:

Ghana

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ghana
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023