logoBC
Yaoundé - 28 March 2024 -
Agriculture

Sawn Timber: Cameroon becomes the EU’s leading supplier in Jan-Sep 2019

Sawn Timber: Cameroon becomes the EU’s leading supplier in Jan-Sep 2019
  • Comments   -   Wednesday, 20 November 2019 14:38

(Business in Cameroon) - European Union (EU) countries imported 582,500 metric tons of tropical timber in the first nine months of 2019, according to the International Tropical Timber Organization (ITTO). According to the organization, these shipment, up by 7%, year-on-year amounted to €558 million (about XAF366 billion).

This increase in European imports of sawn timber between January and September 2019 is attributable to the dynamism of Cameroonian wood exporters who shipped 209,000 metric tons of sawn timber to the European Union, according to official sources.  

According to ITTO, these exports are up by 11% compared to the same period in 2018, when “imports from Cameroon [were] particularly low.

Cameroon was thus the leading supplier of these types of wood to the EU during the period under review, by supplying around 35% of the total volume imported by EU countries.  

The country is followed by Brazil whose sawn timber exports increased by 30% over the period under review. Gabon follows, with an 8% increase in its sawn timber exports to EU countries.

The top 5 is completed by Malaysia, despite a 28% decline in its exports, and Congo, whose sawn timber shipments to the EU increased by 32% over the said period.

Brice R. Mbodiam

eu-pledges-over-cfa12bn-for-entrepreneurship-and-electricity-access-support-in-cameroon
The EU agreed to disburse over CFA12 billion to support growth-driven projects in Cameroon. The two related deals were signed in Yaoundé on March 26...
central-africa-set-for-highest-economic-growth-in-a-decade-amid-inflation-concerns
Growth within the Cemac region is expected to peak at 3.6% this year, according to the estimates of Beac’s Monetary Policy Committee (MPC), which met on...
mtn-cameroon-sees-record-growth-with-cfa325-7bn-revenue-in-2023-amid-market-challenges
MTN Cameroon reported a robust revenue of CFA325.7 billion for 2023. According to data released on the Johannesburg Stock Exchange in South Africa, this...
cameroon-s-customs-enforces-air-cargo-regulations-threatens-fines-for-non-compliance
Edwin Fongod Nuvaga, the Director-General of Customs in Cameroon, has issued a reminder to airlines about their obligations to comply with standard...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »