Ghana's export of wood products for the first three months of 2015 totalled 81,518 cu.m, some 48% more than for same period in 2014 and resulted in earnings of euro 43 million, almost double that in the first quarter 2014.
For the first quarter 2015 there were thirteen categories of wood products shipped from 93 exporters. Products manufactured from around 40 different species were shipped to 38 countries of which shipments to India were significant. Shipments to Asian countries accounted for 62% of total export for the period. In contrast exports to Europe, Africa and the Middle East declined by 55%, 19% and 30% respectively.
According to the Timber Industry Development Board (TIDD) air dry sawnwood, billets and sliced veneer were the main drivers for increased revenues as all registered significant growth. Air and kiln-dried sawnwood exported to international markets and neighbouring countries together accounted for 59% of total export volumes in the first quarter of the 2015.
Plywood accounted for 12% of the total export volume. Exports of sawnwood and plywood earned euro 32 million, around 74% of total revenues for the quarter.
The export of wood products from Ghana to ECOWAS member countries in the first quarter totalled 10,876 cu.m compared to 14,212cu.m recorded for the same period in 2014.
Boule Export prices
Euro per m³ | |
Black Ofram | 313▲ |
Black Ofram Kiln dry | 395 |
Niangon | 465▼ |
Niangon Kiln dry | 520 |
Export Sawnwood Prices
Ghana Sawnwood, FOB | US$ per m³ | |
FAS 25-100mm x 150mm up x 2.4m up | Air-dried | Kiln-dried |
Afrormosia | 860 | 925 |
Asanfina | 492 | 564 |
Ceiba | 240 | 272 |
Dahoma | 410 | 495 |
Edinam (mixed redwood) | 525 | 580 |
Emeri | 450 | 520 |
African mahogany (Ivorensis) | 630 | 950 |
Makore | 700 | 790 |
Niangon | 560 | 580 |
Odum | 660 | 850 |
Sapele | 642 | 800 |
Wawa 1C & Select | 300 | 400 |
Export Rotary Veneer Prices
Rotary Veneer 2mm and up, FOB |
€ per m3 | |
CORE (2mm & up) | FACE (2mm & up) | |
Ceiba | 325 | 415 |
Chenchen | 330▲ | 355 |
Ogea | 450 | 400 |
Essa | 325 | 375 |
Ofram | 500 | 350 |
Export Sliced Veneer Prices
Sliced Veneer, FOB | € per sq. m | |
Face | Backing | |
Afrormosia | 1.19 | 0.84 |
Asanfina | 1.40 | 1.50▲ |
Avodire | 1.50 | 0.29 |
Chenchen | 1.10 | 0.80▲ |
Mahogany | 1.30 | 0.82 |
Makore | 1.60 | 1.15 |
Odum | 1.76 | 1.20 |
Export Plywood Prices
Plywood, FOB | € per m3 | ||
Ceiba | Ofram | Asanfina | |
4mm
|
482▼ | 510 | 641 |
6mm
|
400 | 535 | 615 |
9mm
|
393 | 460 | 510 |
12mm
|
360 | 445 | 450 |
15mm
|
450 | 415▲ | 374 |
18mm
|
333▲ | 362▲ | 370 |
Grade AB/BB would attract a premium of 10%, B/BB 5%, C/CC 5% and CC/CC 10%.
Export Added Value Product Prices
Parquet flooring 1st | FOB € per sq.m | ||
10x60mm | 10x65-75mm | 14x70mm | |
Apa | 14.00 | 16.00 | 17.80▼ |
Odum | 10.26▲ | 12.55▲ | 11.70 |
Hyedua | 14.00 | 14.93 | 18.45 |
Afrormosia | 15.50 | 18.65 | 18.55 |
Grade 2 less 5%, Grade 3 less 10%.