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Ghana earns €119.32 m from wood export in 2013

By: Fred Yaw Sarpong

Ghana earned €119,327,780 from a total volume 271,772 cubic meters for the year 2013 indicating respective percentage increase of 19.51% and 8.17% from the 2012 value of €99,849,984 from 251,250 cubic meters, this according to statistics from the Timber Division of Forestry Commission (FC) of Ghana.
However, in December 2013 alone Ghana earned €10,997,758 from the export of 26,120 cubic meters of wood products. The figures indicate increased of 24.46% by value and 29.53% by volume compared to the wood products export figures recorded in the previous month November 2013.
Primary products (Poles and billets) accounted for €2,359,501 (1.98%) from a volume of 9,097 cubic meters (3.34%) of the total wood products for the period between January and December 2013.
Secondary Wood Products (mainly lumber, Boules,Veneers and Plywood) continue to dominate wood exports, constituting 91.59% in volume and 91.34% in value for the period from January to December, 2013. Secondary Products amounted for 248,913 cubic meters valued at €109,115,101.
Tertiary Wood Products (made up of mainly processed Lumber/Mouldings, Flooring, Dowels and Profile Boards) on the other hand, accounted for 13,762 cubic meters (5.06%) valued at €7,853,178 (6.58%) of the total wood products exports from January to December 2013.
On trade, Europe accounted for €47.89 million (40.14%) from a volume of 84,210 cubic meters (30.98%) to be the major destination (in value terms) for Ghana’s wood products from January to December 2013. Key European markets included Germany, Italy, France, UK and Belgium.
The Asia/Far East countries of China, India, Thailand, Russia and Vietnam accounted for 107,020 cubic meters (39.38%) valued at €46.91 million (39.31%) during the twelve month period of 2013. Exports to the region were mostly Teak and Gmelina Poles/Billets as well as recent surge in Rosewood lumber.
Africa imported wood products (mainly Plywood and lumber Air Dried) amounting to €28.09 million (23.54%) from a volume of 81,470 cubic meters (29.98%). Major Africa destinations included South Africa, Morocco, Cape Verde and the ECOWAS countries.
Exports to the ECOWAS sub-region accounted for 65,539 cubic meters (80.44%) valued at €20.43 million (72.73%)) of the total African wood imports from Ghana during the period of January to December 2013.
ECOWAS wood imports comprised mainly overland export of Plywood and lumber.


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