According to the latest records of the International Tropical Timber Organisation (ITTO), the country has experienced a total contract volume of 107,184m3 and 1,801 pieces of furniture parts, representing 29.6% and 81% falls respectively compared with the previous quarter.
It added that with the exception of teak poles/billets/logs, which mainly go to the Indian market, all the major exportable products saw further decreases in volume in the quarter.
Timber, plywood, sliced veneer and finger-jointed products all fell in volume, ranging between 9-22%.
The first quarter 2009 exports for Ghana were worth €30m from a volume of 93,424m³, which represented a contraction of 34.7% and 31.4% respectively.
By Emmanuel K. Dogbevi