Ghana
Export lumber, Air Dry FOB
FAS 25-100mmx150mm and up 2.4m and up
| FOB |
Euro per Cu.m |
| Afromosia |
855 |
| Asanfina |
472 |
| Ceiba |
180 |
| Dahoma |
272 |
| Edinam |
350 |
| Khaya |
520 |
| Makore |
449 |
| Odum |
540 |
| Sapele |
460 |
| Wawa |
240 |
Exports continue to fall
Ghana's wood product exports fell by about 7% in volume terms between January to September 2003 and revenues fell some12% to Euro 123.8 million. Products worst hit were furniture parts (down by 45% in value) and Profiled board which fell 66% in value.
The poor showing was due mainly to difficulties with log supply say local analysts plus the high cost of production at the mills. The difficulties in acquiring logs for production was partly due to the delay in the pre-qualification and allocation of Timber Utilization Contracts (harvesting licenses) and the delays in the competitive bidding for plantation forest. It is expected that both processes will be completed before the end of this year
For the period January to September 2003, export permits issued covered about 333,270 cubic metres of wood products including Kiln Dried Lumber (27.1%), Air dried Lumber (18.2%), Rotary Veneer (17.7%), Sliced Veneer (7.0%), Plywood (17.3%), Furniture Parts (0.5%), Processed Lumber/Mouldings (8.6%) and other wood products (3.6%).
Exports to the European market accounted for around 49% of all exports. The main markets were Germany, France, Italy, Spain Belgium and the UK.
Peru
Beginning November 15th, the international trade in Mahogany has been regulated by Appendix II of CITES as a consequence, some timber entrepreneurs have said that an increase in the price of Mahogany in 2004 is most likely. Analysts explain that this increase is justified by the producers because of the extra time, and therefore cost, involved in obtain the necessary documentation.
The Peruvian timber industry is very conscious that, as a matter of urgency it must expand the markets for Peru's timber, expand the species traded and diversify the range of products for export. The trade is currently examining the possibilities that the European market offers especially as the Brazilian trade has seemed to do well in the EU.
Also, some Peruvian timber companies are seeking commercial alliances with Brazilian companies to take advantage of the broader customer base of the Brazilian companies.
| For US Market |
per Cu.m |
| Mahogany 1C&B, KD 16% |
| Central American market |
US$1150-1190 |
| Mahogany 1C&B, KD 16% |
| US market |
US$1170-1190 |
| Walnut 1" Thickness, |
| 6' - 11' length |
US$620-650 |
| Spanish cedar # 1 C&B, |
| KD 16% |
US$600-625 |
| Virola 1" to 1 1/2 |
| Thickness, 6' - 8' |
| length, KD |
US$400-430 |
| Lagarto 2" Thickness, |
| 6' - 8' length |
US$340-355 |
| Ishpingo 2" |
| Thickness 6' - 8' length |
US$365-385 |
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