Market Information Service

Towards greater transparency in the tropical timber markets

The ITTO Tropical Timber Market (TTM) Report, an output of the ITTO Market Information Service (MIS), is published in English every two weeks with the aim of improving transparency in the international tropical timber market. The TTM provides market trends and trade news from around the world, as well as indicative prices for over 400 tropical timber and added-value products.


 

 

16-30 June 2015

Top story

By 2025 half world’s consumers a stone’s throw from ASEAN

Currently the intra-ASEAN trade represents only around 25% of total exports but with almost all tariffs to be abolished when the ASEAN Economic Community (AEC) comes into effect at the end of this year 2015 this is set to change.
 
 ASEAN countries stand to benefit from the new trade pact as it is forecast that by 2025 more than half of the world’s consumers would live within a five to six hour flight from the heart of ASEAN.

Also in this issue

  • Ghana soon to implement full scope of VPA
  • Myanmar Association seeks support for industry exporters
  • Encouraging plantations of sandal wood and agar
  • Japan to promote wood use for Olympic venues               
  • China introduces tough domestic standards for wooden furniture
  • Upward trend in EU furniture production continues                         
  • Poland closing gap on Italy the EU’s top wooden furniture exporter
  • N. American sawnwood markets head in different directions

Data snapshot

Smuggling, a global problem



 

The forests of Myanmar are rich in high value hardswoods and this has attracted very well organised gangs of smugglers. Over the years the Myanmar forest authorities, along with the police and army, have seized thousands of tons of timber (see above) and arrested smugglers.
During the monsoon months from May to October, most of the timber smuggling is done by motor launches going upstream along the rivulets and creeks of the Ayeyarwady.
The largest single haul of seized timber was of 4,557 tons and the smugglers were apprehended and charged under immigration laws and also under  Myanmar’s Protection of Public Property Law No. 3 which carries a minimum 10 years in prison.
 

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