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NewsTop 5 buyers of Ghana's exported timber, wood products as of June...

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Top 5 buyers of Ghana’s exported timber, wood products as of June 2024

Ghana’s timber industry continues to play a vital role in the country’s export market, contributing over €60 million in revenue during the first half of 2024, despite a decline in both volume and value compared to the same period in 2023.

Key players in the timber export business have significantly shaped the market, with five buyers and destinations standing out.

Below is a list of the top 5 buyers of Ghana’s timber exports

  1. Thai Phat International Company Limited
    Thai Phat International, a major player in timber trading, was one of the largest buyers of Ghana’s timber products in 2024. Known for its robust demand for quality hardwood, the company continues to contribute significantly to the sector.
  2. Shree Sagar General Trading FZE
    A major buyer from the Middle East, Shree Sagar General Trading focuses on high-quality wood products, particularly Teak and Wawa, which are among Ghana’s most exported timber species.
  3. Shanghai Timber Furnishing Company Limited
    Operating from China, Shanghai Timber Furnishing Company specializes in purchasing processed wood products from Ghana, including Kiln Dried Lumber and Veneers.
  4. ETS Salou Hassane
    ETS Salou Hassane, based in Niger, is one of Africa’s leading importers of wood products from Ghana, including Plywood and Air Dried Lumber, which are in high demand across the continent.
  5. Pan Asia Intercontinental PTE Limited
    Based in Southeast Asia, Pan Asia Intercontinental has been a consistent buyer of Ghana’s premium timber, particularly focused on Billet and Boules.

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