Jun 02, 2011. /Lesprom Network/. Ghana’s revenue generated from timber and wood export for 1Q 2011 dropped 24% to Euro 30.18 million compared to the same period last year. The corresponding export volume for the period was 89,680 cubic metres this year compared to 121,410 cubic metres last year, ITTO reported.
Air and kiln dried lumber together accounted for 41% of the total value of wood exports for the quarter, while the contribution of plywood exports was 38%, 12 other products contributed the balance of the total exported value.
A drop in export volumes of kiln dried lumber (-34.3%), sliced veneer (-32.2%), air and kiln dried boules (-37.8%) and parquet flooring (-32.1%) has been attributed to the inadequate domestic supply of logs.