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.


 

 

1-15 July 2013

Top story

Error in EU statistics –EU imports of Indonesian furniture fell sharply in first quarter

The value of first quarter 2013 EU furniture imports from Indonesia were wildly over stated due to a statistical error in Belgian import data.
 
The value of the Belgian imports of Indonesia furniture in January 2013 were reported as around euro 200 million. When revised figures are released the figure is more likely to be in the region of euro 4-5 million.
 
The Belgian Statistical Office will publish new data in September 2013. It is now forecast that first quarter 2013 EU imports of furniture from Indonesia fell just under 20%. 


Also in this issue

  • Côte d’Ivoire opens negotiations on VPA with EU
     
  • Imports of Sarawak sawnwood by Philippine and Thailand top 76,000 cu.m
     
  • Myanmar teak harvests to be reduced drastically
     
  • Tax hike hits Brazilian wood product manufacturers
     
  • Consumer confidence falls in Japan
     
  • Company to establish in beech plantations in China
     
  • Challenges in Implementing EUTR in the furniture sector are immense
     
  • ​Growth in US home sales will support furniture demand

Data snapshot

 

Planted forest area brazil eucalyptus pine SFM

Source http://www.google.com/imgres?imgurl=http://llahardwood.com

Wamara or Guyana rosewood is a beautiful dense wood similar to typical rosewoods the wood has a deep purple/brown heartwood with dark stripes and a pale yellow sapwood. Some boards have wonderful banding where the heart and sap meet.
 
Wamara finishes beautifully but processing is a challenge due to the high silica however the wood takes a polish much like a true ebony.

 


 

 

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