Ghana: Market for Packing Cases, Boxes And Similar Packings 2025

Market Size for Packing Cases, Boxes And Similar Packings in Ghana

The Ghanian wooden case and box market reduced to $X in 2022, dropping by X% against the previous year. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Packing Cases, Boxes And Similar Packings in Ghana

In value terms, wooden case and box production shrank modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X%. Wooden case and box production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Packing Cases, Boxes And Similar Packings

Exports from Ghana

In 2022, overseas shipments of packing cases, boxes and similar packings were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, wooden case and box exports soared to $X in 2022. In general, exports, however, saw a abrupt decline. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Cote d'Ivoire (X units) was the main destination for wooden case and box exports from Ghana, with a X% share of total exports. Moreover, wooden case and box exports to Cote d'Ivoire exceeded the volume sent to the second major destination, Australia (X units), more than tenfold. Burkina Faso (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Cote d'Ivoire stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Burkina Faso (X% per year).

In value terms, Cote d'Ivoire ($X) emerged as the key foreign market for packing cases, boxes and similar packings exports from Ghana, comprising X% of total exports. The second position in the ranking was held by Australia ($X), with a X% share of total exports. It was followed by Nigeria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cote d'Ivoire stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Nigeria (X% per year).

Export Prices by Country

The average wooden case and box export price stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the export price saw perceptible growth. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per unit), while the average price for exports to Burkina Faso ($X per unit) was amongst the lowest.

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

Imports of Packing Cases, Boxes And Similar Packings

Imports into Ghana

Wooden case and box imports into Ghana rose remarkably to X units in 2022, surging by X% on 2021 figures. Overall, imports recorded a tangible expansion. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, wooden case and box imports rose rapidly to $X in 2022. In general, imports continue to indicate a tangible increase. The pace of growth was the most pronounced in 2016 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Spain (X units) constituted the largest wooden case and box supplier to Ghana, with a X% share of total imports. Moreover, wooden case and box imports from Spain exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), threefold. Turkey (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Turkey (X% per year).

In value terms, the largest wooden case and box suppliers to Ghana were Spain ($X), Nigeria ($X) and the Netherlands ($X), together accounting for X% of total imports. Turkey, the United States, Cote d'Ivoire, China, the UK, Brazil and South Africa lagged somewhat behind, together accounting for a further X%.

Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wooden case and box import price stood at $X per unit in 2022, flattening at the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by X%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 Brazil ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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