Ghana’s wood product exports in the first two-months of 2019 dropped 7.5% in volume and 19% in value (Euro terms) year-on-year, according to the Timber Industry Development Division (TIDD).

Lumber

Ghana’s wood exports dropped 7.5% in January-February

Ghana’s wood product exports in the first two-months of 2019 dropped 7.5% in volume and 19% in value (Euro terms) year-on-year, according to the Timber Industry Development Division (TIDD).

The cumulative volume and value figures for the first two months were 53,115 cubic metres and Euro 28.03 million compared to 57,404 cubic metres and Euro 34.88 million over the same period 2018, as ITTO reported.

Sawnwood (AD and KD) were the leading export products in both 2018 and 2019. These two products contributed 40,976 cubic metres to total exports representing 77% of the 2019 export volume.

Billet exports expanded 13% to a volume of 4,697 cubic metres in the first two months of 2019 from 4,146 cubic metres in 2018.