Market research

Wood charcoal market in Ghana

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The wood charcoal market in Ghana demonstrated steady growth from 2018 to 2023, with total market volume increasing from 2.06 million tonnes to 2.34 million tonnes. This expansion was driven entirely by rising domestic production, which climbed from 2.06 million tonnes to 2.34 million tonnes over the same period.

After remaining stable in 2019, market growth resumed and accelerated from 2020 onward. The market's development was largely insulated from international trade, as imports and exports were minimal throughout the years and did not significantly affect the overall supply volume.

The consistent upward trend in both production and market size indicates robust and sustained domestic demand for wood charcoal in Ghana during this period.

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, K t
  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, K t
  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, K t
  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. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Ghana in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Ghana by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Ghana in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Ghana by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Ghana, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Ghana by countries, 2018-2024, $ US/kg
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Ghana in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Ghana by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Ghana in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Ghana by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Ghana, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Ghana by countries, 2018-2024, $ US/kg
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Ghana in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Ghana by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Ghana in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Ghana by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Ghana, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Ghana by countries, 2018-2024, $ US/kg
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Ghana in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Ghana by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Ghana in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Ghana by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Ghana, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Ghana by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  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 wood charcoal in Ghana

In kind, 2017-2020, K t

From 2017 to 2020, Ghana held the 6th position globally in wood charcoal production.

Top producers of wood charcoal, 2017-2020

Source: SHEV.io

World map of production of wood charcoal, 2017-2020

Source: SHEV.io

In 2020, Ghana produced 2 171 K t of wood charcoal, marking a controlled year-over-year increase of 5.5%. Over the 2017-2020 period, production grew by 8.5%, with a compound annual growth rate of 2.8%. The most stable year was 2019, showing no significant change.

Annual dynamics of production in Ghana in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.8%	-	5.5%	2.8%

Source: SHEV.io

Exports wood charcoal from Ghana

Exports in kind, t

The market exhibited volatility during these years. Export volumes reached their lowest point in 2018 and peaked in 2020, representing a 2.8-fold increase. In 2020, Ghana's wood charcoal exports totaled 990.7 t, a 60.4% rise from the previous year. The minimum volume was recorded in 2018 at 355.6 t. The largest decline occurred in 2018, falling by 2.6%, while the largest increase was in 2019, up by 73.6%.

Annual dynamics of product's exports from Ghana in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(2.6%)	73.6%	60.4%	39.5%

Source: SHEV.io

Between 2017 and 2020, Ghana traded wood charcoal with numerous countries. Even the top destinations—Turkey, China, and the United Kingdom—collectively accounted for only 47.2% of total exports in volume.

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

Market performance showed noticeable fluctuations during this period. Exports hit a trough in 2019 and peaked in 2017, with a 120-fold difference. In 2020, Ghana exported 299 K $ US of wood charcoal, a sharp increase of 110.7% compared to 2019. The minimum value was recorded in 2019 at 142 K $ US, with the largest decline that year at 99.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.7%)	(99.2%)	110.7%	(74.0%)

Source: SHEV.io

From 2017 to 2020, Turkey and Lebanon were the primary buyers of wood charcoal from Ghana, together making up 98.6% of total exports in 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 wood charcoal to Ghana

Imports in kind, t

The market displayed volatility in these years. Import volumes were lowest in 2018 and highest in 2020, showing a 2.6-fold gap. In 2020, Ghana's wood charcoal imports were recorded at 43.1 t, a 41.0% increase from 2019. The minimum volume was in 2018 at 16.9 t. The largest decline occurred in 2018, down by 34.3%, while the largest increase was in 2019, up by 81.5%.

Annual dynamics of product's imports to Ghana in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(34.3%)	81.5%	41.0%	18.9%

Source: SHEV.io

Throughout 2017-2020, China (38.0% of imports in volume), Lebanon (26.9%), and South Africa (15.0%) formed the key group of partners for wood charcoal imports to Ghana, jointly representing 79.9% of total flows.

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

The data indicates irregular changes, pointing to a volatile market environment. Import values bottomed out in 2018 and peaked in 2020, with a top-to-bottom ratio of 7.8 times. In 2020, wood charcoal shipments to Ghana from abroad reached 120 K $ US, reflecting a rise of 466.9% versus the previous year. The minimum value was recorded in 2018 at 15 K $ US, with the largest decline that year at 25.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(25.5%)	37.5%	466.9%	79.8%

Source: SHEV.io

Over 2017-2020, China (64.9% of imports in value), South Africa (12.2%), and Lebanon (10.1%) remained the leading sources in Ghana's import structure, with a combined share of 87.2% 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