Market research

Particle board of wood market in Ghana

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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Earlier Report Observations

The particle board market in Ghana expanded significantly from 2018 to 2022, with total market volume rising from 10 898 m³ to a peak of 25 124 m³. This growth was fueled entirely by a surge in imports, which increased more than fivefold from 2 898 m³ to 17 124 m³, while domestic production held constant at 8 000 m³ each year.

The market trajectory reversed in 2023, contracting by 36% to 16 030 m³. This decline corresponded with a sharp drop in imports, which fell to 8 030 m³ for the year. Despite the setback, the overall market size in 2023 remained notably larger than at the start of the period, underscoring a heightened reliance on imported particle board.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Ghana
  1. 5.1.1. Annual dynamics of production in Ghana in kind, 2018-2023, m³
  2. 5.1.2. Annual dynamics of production in Ghana in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, m³
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, m³
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, m³
    1. 6.1.2.1. Annual dynamics of product's imports to Ghana in kind, 2018-2024, m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Ghana by countries, 2018-2024, m³
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Ghana in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Ghana by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/m³
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Ghana, 2018-2024, $ US/m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Ghana by countries, 2018-2024, $ US/m³
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, m³
    1. 6.2.2.1. Annual dynamics of product's imports to Ghana in kind, 2018-2024, m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Ghana by countries, 2018-2024, m³
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Ghana in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Ghana by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/m³
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Ghana, 2018-2024, $ US/m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Ghana by countries, 2018-2024, $ US/m³
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, m³
    1. 7.1.2.1. Annual dynamics of product's exports from Ghana in kind, 2018-2024, m³
    2. 7.1.2.2. Dynamics of product's exports in kind from Ghana by countries, 2018-2024, m³
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Ghana in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Ghana by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/m³
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Ghana, 2018-2024, $ US/m³
    2. 7.1.4.2. Dynamics of average price of product's exports from Ghana by countries, 2018-2024, $ US/m³
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, m³
    1. 7.2.2.1. Annual dynamics of product's exports from Ghana in kind, 2018-2024, m³
    2. 7.2.2.2. Dynamics of product's exports in kind from Ghana by countries, 2018-2024, m³
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Ghana in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Ghana by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/m³
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Ghana, 2018-2024, $ US/m³
    2. 7.2.4.2. Dynamics of average price of product's exports from Ghana by countries, 2018-2024, $ US/m³
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, m³
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, m³
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production particle board of wood in Ghana

In kind, 2017-2020, m³

Top producers of particle board of wood, 2017-2020

Source: SHEV.io

World map of production of particle board of wood, 2017-2020

Source: SHEV.io

In 2020, Ghana produced 8 000 m³ of particle board, showing no significant change from the previous year. The largest decline occurred in 2018 at 0.0%, while the largest increase was also recorded in 2018 at 0.0%.

Annual dynamics of production in Ghana in kind, 2017-2020, m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	-	-	-	-

Source: SHEV.io

Exports particle board of wood from Ghana

Exports in kind, m³

In 2020, Ghana's exports of particle board reached 11 m³, marking a dramatic increase of 20 290.0% compared to 2019.

Annual dynamics of product's exports from Ghana in kind, 2017-2020, m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	20 290.0%	-

Source: SHEV.io

From 2017 to 2020, Ghana's exports were heavily concentrated, with Côte d'Ivoire accounting for 100.0% of total shipments.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Ghana in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

In 2020, Ghana's particle board exports were valued at 2 K $ US, representing a dramatic gain of 21 146.7% from the previous year.

Annual dynamics of product's exports from Ghana in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	21 146.7%	-

Source: SHEV.io

Between 2017 and 2020, the export market was highly concentrated, with Côte d'Ivoire alone responsible for 99.5% of total export value.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Ghana in value, 2017-2020

Source: SHEV.io

Imports particle board of wood to Ghana

Imports in kind, m³

Ghana's particle board imports grew for the third consecutive year in 2020, totaling 6 689 m³, which reflects a 70.6% increase from 2019. Over the 2017-2020 period, imports rose by 346.8%, with a compound annual growth rate of 64.7%.

Annual dynamics of product's imports to Ghana in kind, 2017-2020, m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	93.5%	35.3%	70.6%	64.7%

Source: SHEV.io

From 2017 to 2020, Turkey (32.1% of imports), Romania (21.9% of imports), and China (12.9% of imports) were the largest suppliers of particle board to Ghana, together accounting for 66.8% of total imports.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Ghana in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Import values showed noticeable fluctuations during the period, with a 3.3-fold difference between the low in 2017 and the high in 2020. In 2020, Ghana imported approximately 1 503 K $ US of particle board, reflecting a 55.2% increase from the previous year. The largest decline occurred in 2019 at 6.7%, while the largest increase was in 2018 at 127.3%.

Annual dynamics of product's imports to Ghana in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	127.3%	(6.7%)	55.2%	48.7%

Source: SHEV.io

Between 2017 and 2020, Romania (28.6% of import value), Turkey (26.0% of import value), and Spain (13.8% of import value) consistently led the import structure, jointly accounting for 68.5% of total flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Ghana in value, 2017-2020

Source: SHEV.io