Ghana exported a total volume of 173,899 cu.m of wood products during the first half of 2018 and earned Eur 103 million according to data from the latest, but as yet unpublished, Ghana Timber Industry Development Division (TIDD) export report. For the first half 2018 the volume of exports grew almost 14% while the value of exports expanded 24%.
Nine out of the 17 wood products exported recorded positive growth in the first half of 2018 as against the 2017 figures. The table in the picture shows the details.
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.
The TIDD report also indicates that the country’s primary product exports were 17,762 cu.m, secondary wood product exports amounted to 152,064 cu.m and tertiary wood products were 4,072 cu.m.
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.
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