Report Update Apr 1, 2024

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

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Ghana: Wood Pulp Market 2024

Wood Pulp Market Size in Ghana

After three years of growth, the Ghanian wood pulp market decreased by X% to $X in 2022. Over the period under review, consumption, however, recorded a noticeable decrease. Wood pulp consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Wood Pulp Production in Ghana

In value terms, wood pulp production rose modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt setback. The growth pace was the most rapid in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Wood Pulp Exports

Exports from Ghana

In 2022, shipments abroad of wood pulp increased by X% to X kg, rising for the sixth year in a row after four years of decline. In general, exports, however, showed a dramatic curtailment. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, wood pulp exports skyrocketed to $X in 2022. Overall, exports, however, saw a dramatic setback. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa (X kg) was the main destination for wood pulp exports from Ghana, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to South Africa totaled X%.

In value terms, South Africa ($X) also remains the key foreign market for wood pulp exports from Ghana.

From 2012 to 2022, the average annual growth rate of value to South Africa totaled X%.

Export Prices by Country

In 2022, the average wood pulp export price amounted to $X per ton, dropping by X% against the previous year. In general, the export price, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2021, and then reduced 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 X% per year.

Wood Pulp Imports

Imports into Ghana

In 2022, purchases abroad of wood pulp decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then fell in the following year.

In value terms, wood pulp imports shrank significantly to $X in 2022. Overall, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then fell dramatically in the following year.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of wood pulp to Ghana, accounting for a X% share of total imports. Moreover, wood pulp imports from the United States exceeded the figures recorded by the second-largest supplier, Finland (X tons), more than tenfold. The third position in this ranking was held by China (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and China (X% per year).

In value terms, the United States ($X) constituted the largest supplier of wood pulp to Ghana, comprising X% of total imports. The second position in the ranking was taken by Finland ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average wood pulp import price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 China ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of consumption in 2023 were the United States, China and Canada, together accounting for 49% of global consumption. Japan, Russia, Brazil, Sweden, India, Indonesia, Germany, Finland, France and Lao People's Democratic Republic lagged somewhat behind, together comprising a further 29%.

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

The countries with the highest volumes of production in 2022 were the United States, Brazil and Canada, with a combined 47% share of global production.

What are the leading suppliers of wood pulp to Ghana?

In value terms, the United States constituted the largest supplier of wood pulp to Ghana, comprising 80% of total imports. The second position in the ranking was held by Finland, with a 5.6% share of total imports. It was followed by China, with a 4.6% share.

What are the leading importers of wood pulp from Ghana?

In value terms, South Africa $194) remains the key foreign market for wood pulp exports from Ghana.

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

The average wood pulp export price stood at $1,236 per ton in 2022, declining by -8.5% against the previous year.

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

The average wood pulp import price stood at $681 per ton in 2022, with a decrease of -11% against the previous year.

This report provides an in-depth analysis of the wood pulp 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 2030.

Product coverage:

FCL 1654 - Mechanical wood pulp
FCL 1655 - Semi-chemical wood pulp
FCL 1663 - Chemical wood pulp, sulphate, bleached
FCL 1661 - Chemical wood pulp, sulphite, bleached
FCL 1667 - Dissolving wood pulp
FCL 1662 - Chemical wood pulp, sulphate, unbleached
FCL 1660 - Chemical wood pulp, sulphite, unbleached

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