Report Update Nov 1, 2024

Ghana - Plywood - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Plywood Market 2024

Plywood Market Size in Ghana

The Ghanian plywood market totaled less than $X in 2021, flattening at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a relatively flat trend pattern.

Plywood Exports

Exports from Ghana

Plywood exports from Ghana totaled less than X cubic meters in 2021, flattening at the previous year's figure. In general, exports saw a relatively flat trend pattern.

In value terms, plywood exports totaled less than $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern.

Exports by Country

Burkina Faso (X cubic meters), Togo (X cubic meters) and Benin (X cubic meters) were the main destinations of plywood exports from Ghana, together accounting for 50% of total exports. These countries were followed by Senegal, Greece and Nigeria, which together accounted for a further 50%. Moreover, plywood exports in Burkina Faso exceeded the figures recorded by the second-largest exporter, Togo, fourfold.

From 2012 to 2021, the biggest increases were recorded for Senegal (with a CAGR of +78.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for plywood exported from Ghana were Senegal ($X), Burkina Faso ($X) and Greece ($X), together comprising 50% of total exports.

In terms of the main countries of destination, Senegal, with a CAGR of +78.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average plywood export price amounted to less than $X per thousand cubic meters, remaining stable against the previous year. Over the period under review, the export price showed a relatively flat trend pattern.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Greece ($X per thousand cubic meters), while the average price for exports to Burkina Faso ($X per thousand cubic meters) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Plywood Imports

Imports into Ghana

In 2021, approx. less than X cubic meters of plywood were imported into Ghana; approximately reflecting the year before. In general, imports saw a relatively flat trend pattern.

In value terms, plywood imports stood at less than $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern.

Imports by Country

In 2021, China (X cubic meters) was the main supplier of plywood to Ghana, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China stood at +54.7%.

In value terms, China ($X) constituted the largest supplier of plywood to Ghana.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +54.1%.

Import Prices by Country

In 2021, the average plywood import price amounted to less than $X per thousand cubic meters, standing approx. at the previous year. In general, the import price continues to indicate a relatively flat trend pattern.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -0.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plywood in the world?

China remains the largest plywood consuming country worldwide, comprising approx. 48% of total volume. Moreover, plywood consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. The third position in this ranking was occupied by India, with an 8.5% share.

What are the largest producers of plywood in the world?

China constituted the country with the largest volume of plywood production, accounting for 56% of total volume. Moreover, plywood production in China exceeded the figures recorded by the second-largest producer, India, sevenfold. The United States ranked third in terms of total production with an 8.3% share.

What are the leading suppliers of plywood to Ghana?

In value terms, India constituted the largest supplier of plywood to Ghana, comprising 42% of total imports. The second position in the ranking was occupied by Slovenia, with a 14% share of total imports. It was followed by Turkey, with a 13% share.

What are the leading importers of plywood from Ghana?

In value terms, the largest markets for plywood exported from Ghana were Burkina Faso, Greece and Benin, together accounting for 98% of total exports.

What is the average export price for plywood in Ghana?

In 2021, the average plywood export price amounted to $245 per cubic meter, growing by 2.1% against the previous year.

What is the average import price for plywood in Ghana?

The average plywood import price stood at $745 per cubic meter in 2021, increasing by 79% against the previous year.

This report provides an in-depth analysis of the plywood 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 1640 - Plywood

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