Ghana’s wood exports on the rise in 1H/2016

Asia accounted for almost 71% of Ghana’s total exported volumes, up significantly on 2015. Leading buyers of air-dried (AD) sawnwood were from China, India and Vietnam, which together accounted for 95% of all AD sawnwood exports, according to the Timber Industry Development Division (TIDD) of the Ghana Forestry Commission. The Chinese market is emerging as a significant market for AD and KD sawnwood.

Exports to Europe were up slightly while shipments to the US and Middle East countries fell in the first half of 2016. The US imported almost 80% of all curl veneers with the balance going to the UK. Exports of AD sawnwood to regional ECOWAS markets amounted to just over 115,000m3 in the first half of this year.

The country earned a total of EUR109.88 million from the export of 194,000m3 of wood products, a 24% increase in value and 11% increase in volume when compared to the same period in 2015. Compared to first half 2015, increases were seen in exports of curl veneer, kindling and air dried (AD) sawnwood.

In total, exports of primary products (logs and billets) comprised just 9% of total export volumes in the first half, down from almost 17% in 2015. In contrast, the volume of secondary product exports increased in the first half of 2016 compared to the same period in 2015.

Tertiary products exports which included mouldings and dowels fell as a proportion of total exports. Teak, rosewood, papao, wawa and ceiba were the leading species exported.

 

 

Jan – Jun (2015)

Cubic metres

Jan – Jun (2016)

Cubic metres

Asia

102,087    58.53%

136,895       70.57%

Europe

21,798      12.5%

22,886         11.8%

Africa

34,816      19.96%

24,175         12.46%

America

10,843      6.22%

6,582            3.39%

Middle East

4,865        2.79%

3,458            1.78%

Total

174,409

193,996

Main markets for Ghana’s first half 2016 exports. Source: TIDD, Ghana


Source: ITTO