Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Ghana - 2023

Contents:

  1. Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Ghana (FOB) - 2022
  2. Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Ghana (CIF) - 2022
  3. Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Ghana
  4. Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Ghana

Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Ghana (FOB) - 2022

In 2022, the average export price for wood amounted to $409 per cubic meter, therefore, remained relatively stable against the previous year. In general, the export price showed significant growth. The growth pace was the most rapid in 2020 a decrease of 99.9% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Nigeria.

From 2019 to 2022, the rate of growth in terms of prices for India amounted to 0.0% per year.

Price for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Ghana (CIF) - 2022

In 2022, the average import price for wood amounted to $64 per cubic meter, remaining constant against the previous year. Over the period under review, the import price saw a significant increase. The most prominent rate of growth was recorded in 2020 when the average import price decreased by 99.9%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.

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

From 2019 to 2022, the rate of growth in terms of prices for the UK amounted to 0.0% per year.

Exports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Ghana

In 2022, overseas shipments of wood decreased by 0% to 1 cubic meters for the first time since 2019, thus ending a two-year declining trend. Overall, exports continue to indicate a precipitous curtailment. The smallest decline of 99.9% was in 2020. The exports peaked at 153 cubic meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of wood amounted to $409 in 2022. In general, exports recorded a sharp downturn. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the maximum at $16K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NigeriaN/AN/AN/A0.40%
India15.8N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total15.8N/AN/A0.4-70.6%

Top Export Markets for Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated from Ghana in 2022:

  1. Nigeria (1.0 cubic meters)

Imports of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Ghana

In 2022, after two years of decline, there was decline in purchases abroad of wood, when their volume decreased by 0% to 1 cubic meters. In general, imports showed a precipitous shrinkage. The smallest decline of 99.9% was in 2020. Over the period under review, imports of attained the peak figure at 1.1M cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of wood stood at $64 in 2022. Over the period under review, imports saw a significant curtailment. The smallest decline of 99.9% was in 2020. Over the period under review, imports of reached the maximum at $9.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated in Ghana (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South AfricaN/AN/AN/AN/A0%
United Kingdom9.2N/AN/AN/A0%
Others0.8N/AN/AN/A0%
Total9.9N/AN/AN/A0%

Top Suppliers of Wood; for Fuel, Sawdust and Wood Waste and Scrap, Not Agglomerated to Ghana in 2022:

  1. South Africa (1.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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