Report Update Nov 1, 2024

Ghana - Wood Residues - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Wood Residues Market 2022

Wood Residues Market Size in Ghana

In 2020, the Ghanian wood residues market increased by X% to $X, rising for the fourth consecutive year after two years of decline. Overall, consumption continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Wood residues consumption peaked in 2020 and is likely to see steady growth in years to come.

Wood Residues Production in Ghana

In value terms, wood residues production expanded remarkably to $X in 2020 estimated in export prices. Over the period under review, production continues to indicate a prominent increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Wood residues production peaked in 2020 and is likely to see gradual growth in the near future.

Wood Residues Exports

Exports from Ghana

In 2020, the amount of wood residues exported from Ghana declined to X cubic meters, waning by -X% compared with the previous year. Over the period under review, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2016 when exports increased by X% year-to-year. Exports peaked at X cubic meters in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, wood residues exports reduced to $X in 2020. Overall, exports saw a noticeable reduction. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at $X in 2012; however, from 2013 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X cubic meters), Ukraine (X cubic meters) and Poland (X cubic meters) were the main destinations of wood residues exports from Ghana, together accounting for X% of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ukraine, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wood residues exported from Ghana were Germany ($X), Belgium ($X) and Ukraine ($X), with a combined X% share of total exports. Canada, the Netherlands, Austria, Poland, France, Norway, Ireland, the Czech Republic, Croatia and Belarus lagged somewhat behind, together comprising a further X terms of the main countries of destination, Belarus (+X% per year) saw the highest growth rate of 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 2020, the average wood residues export price amounted to $X per cubic meter, picking up by X% against the previous year. Overall, the export price posted a resilient expansion. The growth pace was the most rapid in 2011 an increase of X% y-o-y. The export price peaked in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was the Netherlands ($X per cubic meter), while the average price for exports to Belarus ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Ireland, while the prices for the other major destinations experienced more modest paces of growth.

Wood Residues Imports

Imports into Ghana

In 2020, after two years of decline, there was significant decline in purchases abroad of wood residues, when their volume decreased by -X% to X cubic meters. Overall, imports showed a deep contraction. Imports peaked at X cubic meters in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, wood residues imports skyrocketed to $X in 2020. Over the period under review, imports saw a strong expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports hit record highs in 2020 and are expected to retain growth in the immediate term.

Imports by Country

Austria (X cubic meters), Belgium (X cubic meters) and France (X cubic meters) were the main suppliers of wood residues imports to Ghana, with a combined X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria, while imports for the other leaders experienced a decline.

In value terms, France ($X), Austria ($X) and Belgium ($X) appeared to be the largest wood residues suppliers to Ghana, with a combined X% share of total imports.

France saw the highest growth rate of 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 2020, the average wood residues import price amounted to $X per cubic meter, rising by X% against the previous year. In general, the import price showed a significant increase. The most prominent rate of growth was recorded in 2010 an increase of X% y-o-y. Over the period under review, average import prices reached the maximum in 2020 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Austria ($X per cubic meter), while the price for Belgium ($X per cubic meter) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wood residues in the world?

China remains the largest wood residues consuming country worldwide, accounting for 44% of total volume. Moreover, wood residues consumption in China exceeded the figures recorded by the second-largest consumer, Brazil, fivefold. The U.S. ranked third in terms of total consumption with a 5.6% share.

What are the largest producers of wood residues in the world?

China constituted the country with the largest volume of wood residues production, comprising approx. 45% of total volume. Moreover, wood residues production in China exceeded the figures recorded by the second-largest producer, Brazil, fivefold. The U.S. ranked third in terms of total production with a 5.7% share.

What are the leading suppliers of wood residues to Ghana?

In value terms, France, Austria and Belgium constituted the largest wood residues suppliers to Ghana, with a combined 37% share of total imports.

What are the leading importers of wood residues from Ghana?

In value terms, Germany, Belgium and Ukraine were the largest markets for wood residues exported from Ghana worldwide, together comprising 32% of total exports. These countries were followed by Canada, the Netherlands, Austria, Poland, France, Norway, Ireland, the Czech Republic, Croatia and Belarus, which together accounted for a further 39%.

What is the average export price for wood residues in Ghana?

In 2020, the average wood residues export price amounted to $2,296 per cubic meter, with an increase of 11% against the previous year.

What is the average import price for wood residues in Ghana?

In 2020, the average wood residues import price amounted to $7,404 per cubic meter, rising by 34% against the previous year.

This report provides an in-depth analysis of the wood residues 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 2025.

Product coverage:

FCL 1620 - Wood residues

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