Chipped Non-Coniferous Wood Price in Ghana - 2022

Contents:

1. Chipped Non-Coniferous Wood Price in Ghana (FOB) - 2022
2. Chipped Non-Coniferous Wood Price in Ghana (CIF) - 2022
3. Chipped Non-Coniferous Wood Exports in Ghana
4. Chipped Non-Coniferous Wood Imports in Ghana

Chipped Non-Coniferous Wood Price in Ghana (FOB) - 2022

In 2022, the average chipped non-coniferous wood export price amounted to $96 per cubic meter, rising by 29% against the previous year. Overall, the export price saw a strong increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 405%. Over the period under review, the average export prices attained the maximum at $346 per cubic meter in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +218.8% per year.

Chipped Non-Coniferous Wood Price in Ghana (CIF) - 2022

In 2022, the average chipped non-coniferous wood import price amounted to $118 per cubic meter, jumping by 16% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 584% against the previous year. As a result, import price attained the peak level of $133 per cubic meter. From 2021 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($119 per cubic meter), while the price for the United Arab Emirates stood at $116 per cubic meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-5.8%).

Chipped Non-Coniferous Wood Exports in Ghana

In 2022, exports of non-coniferous wood in chips or particles from Ghana dropped rapidly to 224 cubic meters, declining by -16.1% compared with the year before. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 299% against the previous year. As a result, the exports reached the peak of 267 cubic meters, and then declined dramatically in the following year.

In value terms, chipped non-coniferous wood exports expanded rapidly to $21K in 2022. Overall, exports continue to indicate a abrupt curtailment. The exports peaked at $27K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Chipped Non-Coniferous Wood from Ghana in 2022:

1. Niger (222.0 cubic meters)
2. Cote d'Ivoire (1.0 cubic meters)

Chipped Non-Coniferous Wood Imports in Ghana

In 2022, after three years of growth, there was significant decline in purchases abroad of non-coniferous wood in chips or particles, when their volume decreased by -30.8% to 9 cubic meters. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 200% against the previous year. Over the period under review, imports attained the maximum at 13 cubic meters in 2021, and then contracted significantly in the following year.

In value terms, chipped non-coniferous wood imports shrank significantly to $1.1K in 2022. Overall, imports, however, posted a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 1,951% against the previous year. Imports peaked at $1.3K in 2021, and then contracted sharply in the following year.

Top Suppliers of Chipped Non-Coniferous Wood to Ghana in 2022:

1. Germany (8.0 cubic meters)
2. United Arab Emirates (1.0 cubic meters)

Source: IndexBox Market Intelligence Platform