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Wood market: exports to Ghana fall, Europe still the second largest customer

19/02/2026
Source : ORISHAS FINANCE
Categories: Index/Markets

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In a report published on Sunday, February 15 Last, the data compiled by the Industry Development Division of Timber (TIDD) mention that Ghana has placed 217,000 m³ of wood and derivatives on the international market in 2025, down by 20% compared to stocks exported a year earlier (273,000 m³).

Exports of forest products from Ghana have reached their lowest level in six years in 2025, according to a report published by the Timber Industry Development Division (TIDD). Among international markets, Europe, despite increased competition from other regions, maintains a place central to the country's outlets. Ghana shipped 217,000 cubic meters of wood and wood products in 2025, for revenues of 98.38 million of euros. Volumes fell by 20% over one year and revenues by 21% by compared to 2024.

Asia remains by far the leading market, absorbing 63% of exports. Europe comes in second position with 17%, ahead Africa (13%), while the Americas and the Middle East represent smaller shares.

The decline observed in 2025 is part of a trend that has been going on for several years. After a continued growth as of 2020, exports peaked at 343 000 m³ in 2022, for a value greater than 153 million euros. The dynamic was reversed as early as 2023, with a fall of around 15%, followed by a contraction continues until the end of 2025.

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