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 October 2016

Top story

Protecting rosewood

By consensus CITES has placed the entire Dalbergia genus of rosewood under trade restrictions. Demand, especially in Asia, has had a devastating impact on available resources in South-East Asia and traffickers are now tapping alternative sources in Africa and Central America.
Some rosewood species can still be logged under the new rules but will require permits issued only if the supply is deemed sustainable.

Also in this issue

  • Not all plain sailing in Gabon duty free zone
  • MTC visits South Africa to assess falling meranti imports
  • Two tier log pricing creates problems in Myanmar
  • Andhra Pradesh eyes timber clusters to attract shippers to local ports
  • Brazilian survey says ‘Bureaucracy in importing countries hinders exports’      
  • China launches quality and safety demonstration facility for exported wood products
  • Tropical suppliers squeezed out of the European flooring market
  • NGOs criticise US legal wood credit scheme

Data snapshot

FTAs negotiated but largely under utilised


The global trade in rosewood is estimated to have surged from around US$300 million to close to US$3 billion over the past decade. The recent decision by CITES to list all rosewood means that traffickers can no longer pass off illegal rosewood as one of the previously unprotected species.
Now enforcement should be easier. In the past those charged with implementing CITES rules had great difficulty in distinguishing between species, now all Dalbergia are subject to control.

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