Oct 06, 2010. Permits for a total contract volume of 105,926 cubic metres of wood products were approved and processed by the TIDD in Ghana during the 2Q 2010, down 10.2% compared to the 1Q 2010.
2Q wood product contracts down 10.2% in Ghana
Oct 06, 2010. /Lesprom Network/. Permits for a total contract volume of 105,926 cubic metres of wood products were approved and processed by the TIDD in Ghana during the 2Q 2010, down 10.2% compared to the 1Q 2010, ITTO reported.
As in the 1Q 2010, there were no recorded applications for furniture parts exports in the period under review.
Analysts say this was because of the fact that the main furniture export company, Scanstyle Mim Limited, has been concentrating on the domestic market.
Export levels of all major wood products decreased in volume during the 2Q, except sawnwood and rotary veneer which picked up by 5.5% and 99% respectively in comparison to the previous quarter.
Exports of plywood, poles/billets/logs, sliced veneer and processed lumber/mouldings fell by 16%, 39%, 44% and 45% respectively compared to the 1Q 2010.
Sawnwood continued to be the leading export product accounting for 44% of the total export volume in the 2Q 2010.
The regional offices in Kumasi, Accra and Sunyani accounted for 40%, 1.6% and 12% respectively of the total export permits issued during the 2Q.
