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.



16-31 August 2007

Top story

Ghana's TIDD reports record trade volume increase of 22%

The Timber Industry Development Division (TIDD) of the Ghana Forestry Commission indicated that Ghana's trade volume from January until June 2007 reached a total of 2.66 million m³ and was worth over US$93 million. This was a 22% increase in volume and a 9.5% increase in value from the previous year's figures.

Wawa, Ceiba, Ofram, Mahogany, Asanfina, Niangon and Odum featured prominently in the export of rotary sawnwood and sliced veneers, plywood and furniture parts. Plywood (including overland exports), lumber (KD) and lumber (AD) contributed 24.0%, 21.2% and 15.5%, respectively, to the total volume of timber exports for the half-year period. Compared to the same period in 2006, plywood was up 64.7% in volume while lumber (KD) and lumber (AD) decreased 0.80% and 24.1%, respectively.

Also in this issue

  • Trends show slower growth in Canadian office furniture market
  • Progress on EU VPA negotiations yield mixed progress
  • Shangdong Port plywood exports rise dramatically
  • RAN targets Japanese companies over eucalyptus chips
  • Unsteady market for Southseas logs and plywood
  • Exporters fear FTA conditions may reduce US sales
  • INRENA and ADEX fulfil commitments under FTA
  • Improved fines collection could stop Brazil’s illegal logging
  • Volatility characterizes teak prices in August
  • Log prices hold steady through August
  • Malaysia mulls use of RFID to prevent timber theft
  • Malaysia PM backs Japanese approach to climate change
  • Indonesia aims at doubling trade with Qatar

Data snapshot

Japan reduces plywood imports in June.


Plywood imports fell in June by 2.7% from May 2007. Total plywood imports were 3.55 million m3 in June.

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