Ghana exported a total volume of 173,899 cubic metres of wood products during the first half of 2018 and earned Euro 103 million. For the first half 2018 the volume of exports grew almost 14% while the value of exports expanded 24%.

Sperrholz

Ghana’s wood exports grew 14% in the 1H 2018

Ghana exported a total volume of 173,899 cubic metres of wood products during the first half of 2018 and earned Euro 103 million, according to Ghana Timber Industry Development Division (TIDD). For the first half 2018 the volume of exports grew almost 14% while the value of exports expanded 24%, as ITTO reported.

Exports of furniture parts registered the highest pace of increase (x 6 times) followed by sliced veneer to regional markets which more than doubled year-on-year.

The volume of plantation logs (billets) plus air and kilndried sawnwood accounted for 86% of total export volumes in the first half of 2018.

Ghana’s primary product exports were 17,762 cubic metres, secondary wood product exports amounted to 152,064 cubic metres and tertiary wood products were 4,072 cubic metres.

The species exported in terms of volume were plantation teak (47%), rosewood (10%), wawa (6%), papao/apa (5%) and ceiba (5%). The main markets were India, China, Italy, Vietnam and Germany.

Togo and Burkina Faso were the leading destinations for regional sales shipped overland (mainly plywood). Côte d'Ivoire and Burkina Faso were the only two regional countries buying sliced veneer.