Ghana’s Wood Product Exports Up 32.5 Per Cent



OLYMPUS DIGITAL CAMERAGhana earned €91.35 million from the export of 206,603 cu.m of wood products in the first three quarters of 2013 as against €68.93 million from the export of 179,819 cu.m in 2012.

According to data from the Timber Industry Development Division (TIDD) of the Ghana Forestry Commission (GFC), exports in the first three quarters of 2013 increased 32.5 per cent in value and 4.9 per cent in volume compared to the same period last year.

The European Union is the country’s major market for wood products and, for in the period reviewed, accounted for € 39.45 million or almost 49 per cent of all exports, the data said.

The United States imports of kiln dried sawnwood amounted to 17 per cent of the total volume of sawnwood exports and were worth €5.48 million.

The main species exported as sawnwood were wawa, mahogany, cedrela, koto and sapele.

Markets in neighbouring African countries, according to the data, accounted for 30.4 per cent of the value of Ghana’s wood product exports in the first three quarters of 2013 as against 34.2 per cent in the same period last year.

The ECOWAS market, mainly Nigeria, Niger, Senegal, Burkina Faso, Togo, Benin and Mali, were the main destinations (70 per cent).

The data said exports of primary products, that is, poles and billets; secondary wood products, mainly sawnwood, boules, veneers and plywood; and tertiary wood products, comprising mouldings, flooring, dowels and profile boards, accounted for €2.02 million (2.21 per cent), €83.05mil. (90.92 per cent) and €6.272 mil. (6.87 per cent), respectively of the total export revenue.

Secondary wood products comprised the bulk of the country’s exports in the first three quarters of 2013, the data said.

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