PIA Press Release
Northern Mindanao wood exports up 63% in 3Q of 2007
by Rutchie Cabahug-Aguhob
Cagayan de Oro City (5 February) -- Some 12,669,682.76 cubic meters (cu.m.) of wood products have been exported by Northern Mindanao during the 3rd quarter of 2007, up by 30% compared to 9,742,795.10 cu.m. in the same period of 2006.
"These exports which were valued at US$6,221,328.03 posted a 63% increase over the US$9,742,795.10 value of exports in the 3rd quarter of the previous year, Regional Executive Director Maximo Dichoso of the Dept. of Environment and Natural Resources (DENR), region 10, said.
Dichoso said the highest increase in wood exports was on the lumber core which grew from 1,225,928.22 cu.m. to 2,471,908.17 cu.m. or 102% and correspondingly increased in value from US$157,701.18 to US$646,193.46 or 310%.
This was followed by finished lumber which grew by 56%, from 861,581.34 cu.m. to 1,341,224.58 cu.m. with corresponding values which also increased by 68%, from US$1,601.54 to US$2,691,822.29.
Again production of lumber/timber grew by 16%, from 7,655,285.54 cu.m. to 8,856,550.01 cu.m. with corresponding values which also grew by 40%, from US$2,062,959.20 to US$2,883,312.28.
Meanwhile, Dichoso said production of sawlogs in the region during the 3rd quarter declined by 12%, from 25,626.86 cu.m. in 2006 to 22,734.63 cu.m. in 2007.
The biggest decline in was on the specie "Yemane" which dropped from 6,065.60 cu.m. to 3,944.02 cu.m. or negative 35%, followed by "Mahogany," from 1,454.56 cu.m. to 1,280.96 cu.m. or negative 12% and "Falcata," from 12,626.86 cu.m. to 11,640.38 cu.m. or negative 7.8%.
Other tree species, such as fruit, rubber, Magium, etc, also declined, from 25,752.93 cu.m. to 22,734.63 cu.m. or a negative 12%.
However, production of plywood in Misamis Oriental, posted the highest increase, from 21,516.143 cu.m. to 28,927.50 cum. or 34.4%, blockboard, from 3,56.76 cu.m. to 3,948.48 cu.m. or 29.17% and veneer, from 13,960.75 cu.m. to 16,425.19 cu.m. or 17.6%.
Rattan recorded a production of 160,500 linear meters in the 3rd quarter of 2006, but no available data has been recorded during the same period of 2007. (PIA 10) [top]