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 April 2011

Top story

CITES classifies Big Leaf Mahogany as a "species of urgent concern"

A CITES Plants Committee meeting was recently held in Switzerland and there are unconfirmed reports that Bolivia was advised to set a zero harvesting/export quota for Big leaf Mahogany (Swietenia macrophylla).

Bolivia did not submit a non-detriment findings report for the meeting and this triggered the Plants Committee to classify Big Leaf Mahogany as a "species of urgent concern" and to recommend that within three months Bolivia should set a zero quota. 

This information is not yet on the CITES website but importers are advised to follow developments as it may take some time for Bolivia to re-validate its non-detriment process. 



Also in this issue

  • Gabon export ban includes boules        
  • Cameroon to halt exports of Wenge and Bubinga                                               
  •  Logging submerged logs in Ghana    
  •  Indonesia ready for the VPA                      
  • Deforestation rate declines in Amazon          
  • Japan timber industry in crisis                       
  • China’s trade in wood products expanded in 2010                                               
  • Ecobuild fair dwarfs other construction shows in UK                                                           
  • US home renovation spending expected to grow in 2011           

Data Snapshot

Malaysian wooden furniture exports to major destinations (US$ million)


The recent Malaysian International Furniture Fair (MIFF) 2011 showed increasing interest from buyers to the UAE market. Malaysian wooden furniture manufactures hope a rebound in exports to the UAE after a sharp drop to US$39 million in 2009, compared to US$87 million in 2008.

According to the latest statistics released by countries importing wooden furniture from Malaysia, the  import levels for Malaysian wooden furniture were maintained at 2009 levels during 2010 in Japan and the UK while US imports posted a significant increase.

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