Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ghana - 2022

Contents:

  1. Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ghana (CIF) - 2022
  2. Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ghana (FOB) - 2022
  3. Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ghana
  4. Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ghana

Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ghana (CIF) - 2022

The average import price for wood; assembled flooring panels, other than multilayer or mosaic stood at $5,075 per ton in 2022, which is down by -8.3% against the previous year. Overall, the import price, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 74%. As a result, import price attained the peak level of $5,535 per ton, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($11,389 per ton), while the price for the UK ($265 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+49.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ghana (FOB) - 2022

The average export price for wood; assembled flooring panels, other than multilayer or mosaic stood at $2,696 per ton in 2022, with a decrease of -3.8% against the previous year. In general, the export price, however, posted resilient growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 158%. The export price peaked at $2,801 per ton in 2021, and then contracted in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Burkina Faso amounted to -19.0% per year.

Imports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ghana

Imports of wood; assembled flooring panels, other than multilayer or mosaic into Ghana reduced remarkably to 37 tons in 2022, dropping by -20.5% compared with the previous year's figure. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year.

In value terms, imports of wood; assembled flooring panels, other than multilayer or mosaic dropped significantly to $189K in 2022. Over the period under review, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 118%. As a result, imports reached the peak of $259K, and then shrank rapidly in the following year.

Import of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa15.024.946.560.759.4%
Portugal4.10.533.421.974.8%
China53.426.123.819.3-28.8%
Italy23.716.622.617.7-9.3%
Turkey6.08.114.411.323.5%
South Korea14.410.113.810.8-9.1%
Spain4.63.24.43.4-9.6%
United States6.03.53.92.5-25.3%
Netherlands3.52.12.51.7-21.4%
United Kingdom1.00.50.50.3-33.1%
Others17.222.993.439.331.7%
Total1491192591898.2%

Top Suppliers of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic to Ghana in 2022:

  1. China (10.1 tons)
  2. Italy (8.4 tons)
  3. South Africa (5.3 tons)
  4. South Korea (2.9 tons)
  5. Spain (2.6 tons)
  6. Portugal (2.0 tons)
  7. Turkey (1.3 tons)
  8. Netherlands (1.2 tons)
  9. United States (1.0 tons)
  10. United Kingdom (0.9 tons)

Exports of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ghana

After two years of decline, shipments abroad of wood; assembled flooring panels, other than multilayer or mosaic decreased by -6.1% to 11 tons in 2022. Overall, exports, however, saw notable growth.

In value terms, exports of wood; assembled flooring panels, other than multilayer or mosaic reduced to $30K in 2022. Over the period under review, exports, however, posted a remarkable increase.

Export of Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South AfricaN/AN/AN/A29.80%
Ireland20.1N/AN/AN/A0%
IsraelN/AN/A33.0N/A0%
Others0.3N/AN/AN/A0%
Total20.3N/A33.029.813.7%

Top Export Markets for Wood; Assembled Flooring Panels, Other than Multilayer or Mosaic from Ghana in 2022:

  1. South Africa (11.1 tons)

Source: IndexBox Market Intelligence Platform

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