Wood Product Export Increases
The volume of Ghana’s wood product exports for the first five months of 2015 was 141,744 cubic metres compared to 141,744 cubic metres recorded at the same period in 2014, Forestry Commission of Ghana data has revealed.
According to the data, released from the Research and Statistical unit of the Timber Industry Development Division (TIDD) of the Forestry Commission of Ghana, exports for the first five months of 2015 was worth 72.74 million Euros as against 46.77 million Euros in 2014.
Of the total exports for the period, primary products accounted for 23,976 cu.m, secondary products 113,679 cu.m and tertiary products 4,089 cu.m.
Primary products include poles and billets, secondary products comprise sawn wood, boules, veneers, blockboard and plywood while tertiary products are made up of mouldings, dowels, flooring and profile boards.
The leading products in each category, the Commission said, were billets (12,464 cu.m), airdry sawnwood (53,975 cu.m) and mouldings (3.955cu.m.).
Markets in Asia imported 83,797 cu.m of Ghana‘s wood products, mainly poles and billets destined for India, followed by African regional markets (20 per cent) and Europe (13 per cent).
TIDD is a department committed to ensuring that Ghana maintain and increase its wood resource through the sustainable management of its forest reserves, the establishment of industrial wood plantations, the evolution of a sophisticated bamboo industry, and the committment of local communities to the protection and responsible use of their forested lands.
Ghana’s cumulative wood products exports in 2014 totalled 356,036 cubic metres, earning the country total revenue of €138.22 million.
Source: Ghanaian Times
Disclaimer: The views expressed in this news report do not necessarily reflect the views of the National Development Planning Commission (NDPC)