May 10, 2013. /Lesprom Network/. Ghana earned Euro 9.17 million from the export of 21,028 cubic metres of wood products in January. By way of comparison exports for January 2013 were up by 47% in terms of value and almost 18% higher in terms of volume on levels in the same month in 2012, ITTO reported.

January 2013 exports of primary products (poles and billets) amounted to Euro 160,904 and 665 cubic metres.

January exports were lower than in the same month in 2012 (down 51% in volume and 71% in value). Analysts say the main reason for the decline was the scarcity of logs.

Secondary wood products, mainly sawnwood, boules, veneer and plywood comprised the bulk of the country’s January wood product exports. Exports of secondary products generated Euro 8.28 million from a sale of 19,037 cubic metres.

Exports of tertiary wood products such as mouldings, flooring, dowels and profile boards earned Euro 727,355 from a volume of 1,326 cubic metres in January.

African countries were the major destination for Ghana’s wood product exports, accounting for some 43% of export revenues.

The ECOWAS market accounted for approximately 44% of the total value of exports to African countries and exports were mainly of plywood and sawnwood to Nigeria, Niger, Senegal, Burkina Faso, Togo, Benin and Mali.