A team from the Ghana Forestry Commission (GFC) visited key importers in EU member states to exchange views and inform buyers, officials from EU competent authorities, customs and timber trade federations on the interim arrangements Ghana is putting in place before it is in a position to provide FLEGT Licensed wood products.
It is expected that the arrangement being put in place in Ghana will meet the due diligence requirements of the EUTR and will facilitate the entry of wood product from Ghana into the EU. The GFC anticipates that FLEGT licensed timber will be available in the first quarter of 2014.
The GFC is encouraging exporters to continue close interaction with their buyers in the EU and to be ready to provide documentation the importers may need to satisfy the EUTR.
Due diligence explained to local industry
The Ghana Forestry Commission (GFC) has organised workshops to provide information to the timber industry and other stakeholders on the requirements of the EUTR.
The workshop provided industry with information on the documentation that exporters may need to provide to their customers in the EU as the importers address the due diligence requirements of the EUTR.
Minister visits Forestry Commission
The Minister of Lands and Natural Resources, Alhaji Inusah Fuseini, has called on the Forestry Commission (FC) to continue its partnership with the ministry and other allied institutions to promulgate laws and regulations which will promote sustainable forest management in the country.
The Minister made this statement when he paid his first visit to the FC headquarters in Accra, where he interacted with the executive management of the commission headed by Mr. Samuel Afari Dartey.
The Minister reminded the FC that the country’s forest resources are a strategic asset which needs a sustained legislative backing to guarantee its sustainable management and utilisation.
Trimming the financial deficit
Ghana's 2013 budget aims to trim the deficit to 9 percent from the 12 percent of Gross Domestics Product (GDP) in 2012 by enhancing tax revenues and controlling expenditures.
In his first budget statement to the nation, the Minister of Finance said the focus in the current budget is revenue generation through expanding the tax base and improving the efficiency of tax administration.
Boule Export prices
Euro per m3 | |
Black Ofram | 225 |
Black Ofram Kiln dry | 294 |
Niangon | 487 |
NiangonKiln dry | 545 |
Domestic Log Prices
Ghana logs |
US$ per m³ | |||
Up to 80 cm | 80cm+ | |||
Wawa | 154-163 | 165-180 | ||
Odum Grade A | 168-174 | 177-188 | ||
Ceiba | 122-152 | 135-152 | ||
Chenchen | 93-105 | 108-123 | ||
Khaya/Mahogany (Veneer Qual.) | 111-123 | 125-145 | ||
Sapele Gradea A | 145-155 | 160-185 | ||
Makore (Veneer Qual.) Grade A | 132-138 | 140-166 | ||
Ofram | 109-117 | 122-131 |
Export Sawnwood Prices
Ghana Sawnwood, FOB | US$ per m³ | |
FAS 25-100mm x 150mm up x 2.4m up | Air-dried | Kiln-dried |
Afrormosia | 855 | 945 |
Asanfina | 480 | - |
Ceiba | 185 | 240 |
Dahoma | 318 | 409 |
Edinam (mixed redwood) | 375 | 444 |
Emeri | 358 | 424 |
African mahogany (Ivorensis) | 575 | 643 |
Makore | 552 | 607 |
Niangon | 502 | 573 |
Odum | 610 | 698 |
Sapele | 600 | 627 |
Wawa 1C & Select | 302 | 353 |
Export Veneer Prices
Rotary Veneer, FOB | € per m³ | |
Core (1-1.9mm) | Face (<2mm) | |
Bombax | 315 | 350 |
Ofram | 295 | 355 |
Ogea | 315 | 350 |
Otie | 310 | 340 |
Chenchen | 285 | 350 |
Ceiba | 290 | 353 |
The above prices are for full sized panels, smaller sizes minus 15%. Thickness below 1mm would attract a 5% premium.
Export Rotary Veneer Prices
Rotary Veneer 2mm and up, FOB |
€ per m3 | |
CORE (2mm & up) | FACE (2mm & up) | |
Ceiba | 280 | 353 |
Chenchen | 315 | 350 |
Ogea | 315 | 350 |
Essa | 215 | 350 |
Ofram | 315 | 355 |
Export Sliced Veneer Prices
Sliced Veneer, FOB | € per sq. m | |
Face | Backing | |
Afrormosia | 1.19 | 1.00 |
Asanfina | 1.40 | 0.80 |
Avodire | 1.00 | 0.60 |
Chenchen | 0.72 | 0.44 |
Mahogany | 1.25 | 0.70 |
Makore | 1.20 | 0.65 |
Odum | 1.75 | 0.95 |
Export Plywood Prices
Plywood, FOB | € per m3 | ||
Ceiba | Ofram | Asanfina | |
4mm
|
404 | 568 | 622 |
6mm
|
392 | 600 | 600 |
9mm
|
335 | 420 | 461 |
12mm
|
333 | 410 | 422 |
15mm
|
296 | 358 | 359 |
18mm
|
286 | 345 | 355 |
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 | 12.00 | 14.47 | 17.60 |
Odum | 8.30 | 11.00 | 11.60 |
Hyedua | 13.67 | 13.93 | 17.82 |
Afrormosia | 13.72 | 18.22 | 17.82 |
Grade 2 less 5%, Grade 3 less 10%.