Some Market Trends of Wood Products Exports in Ghana and Their Implications for Stakeholders: The Case of Furniture and Kiln-Dried Lumber

Autor: Paul Benedict Inkum, Kojo Agyapong Afrifah, Peter Kessels Dadzie
Rok vydání: 2015
Předmět:
Zdroj: International Journal of Business and Economics Research. 4:307
ISSN: 2328-7543
DOI: 10.11648/j.ijber.20150406.16
Popis: Market trends information like price/value fluctuations aid traders and investors to create profits. This study assessed unit values of garden furniture and lumber among wood species, as well as the destination and product type effect on these values. Reports on wood products export were reviewed to obtain data for analyses. Findings were that values/m3 of all wood species were higher when used for garden furniture than when used for lumber production for exports. Among the identified wood species for both garden furniture and lumber production for export, Pericopsis elata (afromosia) had the highest value for both furniture (€3,308.844) and lumber (€869.00) whereas Terminalia ivorensis (emire) had the least furniture value (€1,336.936) while Pycnanthus angolensis (otie) had the least lumber value (€263.10). Sweden and Italy respectively offered the highest (€17,891.80) and lowest (€1134.30) mean garden furniture value, while Sweden and France respectively offered the highest (€557.31) and lowest (€314.97) lumber value. Direction of trade and product type had significant effect (p
Databáze: OpenAIRE