Price for Wood; Statuettes and Other Ornaments of Wood in Ghana - 2023

Contents:

1. Price for Wood; Statuettes and Other Ornaments of Wood in Ghana (CIF) - 2022
2. Price for Wood; Statuettes and Other Ornaments of Wood in Ghana (FOB) - 2022
3. Imports of Wood; Statuettes and Other Ornaments of Wood in Ghana
4. Exports of Wood; Statuettes and Other Ornaments of Wood in Ghana

Price for Wood; Statuettes and Other Ornaments of Wood in Ghana (CIF) - 2022

The average import price for wood; statuettes and other ornaments of wood stood at $3,173 per ton in 2022, declining by -27.8% against the previous year. Over the period under review, the import price, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 43%. The import price peaked at $4,394 per ton in 2021, and then fell significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($3,446 per ton), while the price for Lebanon ($814 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+39.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Statuettes and Other Ornaments of Wood in Ghana (FOB) - 2022

In 2022, the average export price for wood; statuettes and other ornaments of wood amounted to $1,801 per ton, dropping by -59.8% against the previous year. In general, the export price, however, posted buoyant growth. The growth pace was the most rapid in 2013 when the average export price increased by 369%. Over the period under review, the average export prices hit record highs at $4,476 per ton in 2021, and then fell rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,081 per ton), while the average price for exports to Germany totaled $719 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wood; Statuettes and Other Ornaments of Wood in Ghana

After two years of decline, overseas purchases of wood; statuettes and other ornaments of wood decreased by -34.6% to 15 tons in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage.

In value terms, imports of wood; statuettes and other ornaments of wood contracted markedly to $48K in 2022. In general, imports, however, posted prominent growth.

Top Suppliers of Wood; Statuettes and Other Ornaments of Wood to Ghana in 2022:

1. China (11.7 tons)
2. Lebanon (1.5 tons)
3. Vietnam (0.6 tons)

Exports of Wood; Statuettes and Other Ornaments of Wood in Ghana

After two years of decline, overseas shipments of wood; statuettes and other ornaments of wood decreased by -98.8% to 156 kg in 2022. Overall, exports recorded a dramatic decline.

In value terms, exports of wood; statuettes and other ornaments of wood shrank markedly to $281 in 2022. In general, exports showed a dramatic decline.

Top Export Markets for Wood; Statuettes and Other Ornaments of Wood from Ghana in 2022:

1. United States (124.0 kg)
2. Germany (32.0 kg)

Source: IndexBox Market Intelligence Platform