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 December 2007

Top story

Third quarter export volume jumps 21.5%

During January to September 2007, Ghana exported 399,361 m³ of timber and wood products, earning EUR138.5 million of revenue. This represents a 10.1% increase over the EUR125.8 million earned during the same period last year. Export volume also rose by 21.5% during January-September 2007.

Exports to Europe amounted to EUR 58.75 million, representing 42.4% of the earnings. The EU markets, especially Italy, France, Germany and the UK were the key destinations for Ghana’s wood products. Wood exports to India were 93,935 m³ worth EUR21.46 million, the single highest export destination in terms of volume and value. The products shipped to India included air and kiln dried lumber, sliced and rotary veneers, billets and teak poles. China was also emerging as an important East Asian market for Ghana’s wood products.

Also in this issue

  • Prospects of lower prices concern W. Africa producers
  • Ghana’s third quarter export volume jumps 21.5%
  • Indonesia gains edge in wood panel exports
  • Bali COP concludes with a post-2012 roadmap
  • Forest sector contributes less to Para GDP
  • Weak control leads to more illegal log transport
  • Northern Mato Grosso suffers slide in tropical plywood exports
  • Brazil takes measures to address raw materials shortage
  • Peru launches plan to recover tropical forests
  • Peru chalks marginal gains in third quarter exports
  • Anti-logging raid conducted near Mexico’s Monarch reserves
  • Fuel scarcity slows Bolivia’s wood exports growth
  • China’s MOC revises guidance on foreign invested companies
  • Interest grows in China’s wood veneer industry
  • Guangxi Province sees rapid development of plywood industry
  • Rougier expands sawmill capacity in Gabon

Data snapshot

Value of Peru’s Wood Products Exports from January to September, 2000-2007


From January – September 2007, Peru’s wood products exports were USD153.6 million, rising from 2006 levels by 3.38%. September 2007 exports increased by USD4.58 million compared to exports in the same period of 2006. The items with the highest growth in the period of January to September 2007 were furniture and components (rising 18.08%), as well as semi-manufactured products (15.92%) and wood sheets and plywood (14.34%). Products with decreased export value were sawnwood (3.67%), structural timber (2.94%) and veneers (93.39%).

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