Ghana’s exported less secondary and tertiary wood products (TWPs) during the first four-months of 2014, compared to the same period last year. During that period export earnings totalled Euro 33.80 million from the export of 83,454 cubic metres of wood products, a 20% drop in volume and a nearly 8% decline in value.
ByLesprom Network
Jul 07, 2014. /Lesprom Network/. Ghana’s exported less
secondary and tertiary wood products (TWPs) during the first four-months of
2014, compared to the same period last year. During that period export earnings
totalled Euro 33.80 million from the export of 83,454 cubic metres
of wood products, a 20% drop in volume and a nearly 8% decline in value, ITTO
reported.
As a share of total
exports, secondary wood products (primarily sawnwood) accounted for 83% in the
first four months of this year as against 90% in the same period in 2013.
The decline in the
export of SWPs can be attributed to lower sales of sawnwood, veneer and
plywood. There were also weaker sales of dowels, flooring, mouldings and furniture
parts.
The respective
market shares of Europe, Africa and Asia were 40%, 31% and 14% with the balance
to the United States, Middle
East and Oceania.
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