Export of wood products from Ghana for the 11-month period between January and November 2015, increased year-on-year by almost 4.5 per cent to 327,279 cubic metres, according to a study by the Timber Industry Development Division (TIDD) of the Forestry Commission of Ghana.
The TIDD study showed that wood products export earnings jumped to €166.85 million, an increase of 36 per cent compared to that for the same period in 2014.
The positive export performance was the result of increased sales of air-dried sawnwood (20 per cent), rotary veneer (21 per cent) and kiln dried lumber (3 per cent).
However, the analysis revealed that exports of some products fell including exports of plywood to non-regional markets (-78 per cent), sawnwood to regional markets (-5 per cent), sliced veneer to regional markets (-30 per cent) and plywood to regional markets (-16 per cent).
For the 11-month period reported air-dried sawnwood, rotary veneer and kiln-dried sawnwood accounted for 60 per cent of the total volume of exports with some fourteen other wood products making up the balance.
According to the study, the three leading exporters of plywood for the period reviewed were Samartex Timber and Plywood Company Limited, Naja David Veneer and Plywood and Bibiani Logging and Lumber Company Limited.
The main species utilised were ceiba, black ofram and walnut.
The assessment revealed that regional markets accounted for a major share of exports, which included Nigeria, Burkina Faso, Niger and Togo.
The overall market shares for the 11-month period in 2015 were Asia (58 per cent), Africa (19 per cent), Europe (14 per cent), America (5 per cent), and Middle East (3 per cent) with small volumes to Oceania.
Within the ECOWAS regional block, the TIDD study said Nigeria (39 per cent), Burkina Faso (24 per cent), Niger (20 per cent) and Senegal (seven per cent) were the four leading importers of Ghana’s wood products in the period reviewed and accounted for 89 per cent, or 51,486 cubic metres.
By Times Reporter