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 January 2008

Top story

Brazil redoubles efforts to fight deforestation in 2008

Despite economic growth and agriculture development fueled by high commodity prices, Brazil has experienced relatively low deforestation rates in the Amazon, reported Envolverde. Deforestation rates in the Amazon peaked during the period August 2003-July 2004 (27,379 km²), but dropped to 11,224 km² during the same period in 2006-2007. This was the second lowest annual deforestation rate registered since the control system was implemented in 1988. However, from August to November 2007, the rate jumped 10% compared to the same period in 2006.

The decreasing rate over the last three years was due to several factors, such as government plans to control deforestation in the Amazon in 2004, stricter sanctions applied to illegal activities, the establishment of new conservation areas and actions taken by consumers’ and environmentalists’ campaigns. However, economic factors were identified as one of the major determinants putting pressure on the Amazon, due to low prices for soybeans and the limited expansion of agriculture and cattle ranching.

The government will concentrate efforts against deforestation in 32 municipalities with the largest deforested areas in the last few years. To kick start the efforts, a governmental decree in December 2007 included provisions that landowners must register their properties with precise measurements using new technologies and proper monitoring. Violators are now subject to penalties such as losing access to bank credit, losing property and additional fines. In addition, illegal deforestation will result in an embargo being placed on the land and its production capabilities, which means that the penalty will be applied to buyers of animals or products coming from the identified area.

Also in this issue

  • Markets quiet ahead of Chinese New Year
  • Ghana inaugurates Timber Rights Evaluation Committee
  • 20% jump in Ghana’s third quarter exports contracts
  • Malaysian trade surplus jumps 21.6% in November 2007
  • Preference for natural teak drives demand up
  • Incentives attract more investment in downstream processing
  • Brazil’s exports climb marginally in November 2007
  • Proceeds from confiscated timber to be used to protect Brazil’s environment
  • US-Peru FTT aims to protect Peru’s environment
  • Peru records marginal rise in wood products exports
  • Japan’s plywood market shows no sign of rebounding
  • China sees rapid development of bamboo and rattan industry
  • China’s wooden furniture trade grows 10.5% in first three quarters of 2007
  • Particleboard capacity largest in EU15
  • Norway pledges USD100 million to tropical rainforest countries
  • UK researcher claims UN deforestation data flawed

Data snapshot

Table 1: Guyana forest products exports, 2007


In 2007, the export of forest products from Guyana increased by 3%, or approximately USD2 million when compared to 2006. Total value of exports for 2007 was USD61.5 million. This is despite of a 33,500 m³, or 18%, decrease in the volume of logs exported. Sawn timber, round logs and plywood accounted for the bulk of the products exported.

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