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Asian/Far East countries imported large volume of woods from Ghana

By: Fred Yaw Sarpong

Statistics from the Forestry Commission (FC) revealed that Ghana’s wood export to countries in Asian and Far East was about 113,671.166 cubic meters of wood products Ghana valued at €65.35 million from January to May 2016, compared to €41.72 million recorded in the same period in 2015.

Export of timber products to these regions were mainly Lumber (Air Dried), Billet, Lumber (Kiln Dried), Poles, Processed L/Mouldings and Sliced Veneer in Rosewood, Teak, Papao/Apa, Wawa, Potrodum, Makore, Chenchen, Sapele, Denya and Gmelina and the major destinations were China and Indian.

Europe, Africa, America and Middle East were other regions which Ghana exported wood products to. Export to Europe accounted for €11.68 million from a volume of 18,971.509 cubic meters during the period. Last year exports accounted for €10.19 million.

Meanwhile, wood product exports to Africa (third topmost destination) yielded €6.75 million from an exported volume of 19,786.140 cubic meters.  

Major destinations included Egypt, South Africa, and Morocco with the ECOWAS sub-region market having the largest share of 16,491.415 cubic meters valued at €4.92 million of the total African wood products imported from Ghana during the period between January and May 2016.

American imports accounted for €5.05 million from the volume of 5,509.542 cubic meters making it the fourth topmost destination for Ghana’s wood products exports from January to May 2016. America imported wood products valued at €5.05 million last year. Wood exports to America were mainly Lumber (Kiln Dried), Sliced Veneer, Rotary Veneer and Lumber (Air Dried) in Mahogany, Cedrela, Ceiba, Mansonia, Sapele, Teak, Wawabima and Edinam.

Meanwhile, Ghana secured €90,694,674.95 from the entire export of 160,891.187 cubic meters from January to May 2016. Comparatively, in the previous year for the same period under review €72,735,711.24 was obtained from the export of 141,743.584 cubic meters showing an increase of 24.69% in value and 13.51% in volume respectively.

Primary products (Poles and Billets) accrued €4,972,767.83 (5.48%) from 15,242.086 cubic (9.47%) of the total export of wood products from January to May 2016. The figures indicate decreases of 37.07% in volume and 27.77% in value respectively compared to the timber export figures between January and May 2015 of 24,220.208 cubic meters (16.98%) valued €6,884,626.42 (9.41%).

Secondary wood products comprising of Lumber, Plywood, Veneer, Boules and Kindling formed the bulk of the country’s wood  export which generated €83,377,484.98 (91.83%) from a volume of 141,830.560 cubic meters, compared to the contribution of €64,078,763.68 (87.59%) and 114,327.079 cubic meters (80.15%), respectively between January to May 2015.

Tertiary wood products (Processed L/Mouldings, Dowels) contributed €2,344,422.13 (2.58%) from a volume of 3,818.541 cubic meters (2.37%) to the total wood products export between January and May 2016. Moreover, the figures indicate decrease of 6.61% in volume and increase of 6.75% in value compared to the contribution of 4,088.835 cubic meters (2.87%) and €2,185,414.16 (3.00%) from January to May 2015.

Export of Ghana’s wood products in the month of May 2016 alone yielded €18,755,766.40 in value from the exported volume of 33,340.433 cubic meters which represent increase of 37,53% in value and 22.82% in volume respectively as compared to an amount of €13,637,903.33 secured from the exported volume of 27,151.987 cubic meters documented from January to May2015.


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