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wood production down 30% in the 2nd quarter of 2023 –

Published on 04.10.2023 at 12:02 p.m. by Linda Manga

According to data from the latest economic report from the Ministry of the Economy, wood production increased from 1.3 million m3 at the end of June 2022 to 982,006 m3 at the end of June 2023.

The Minister of the Economy explained that the falling production is the result of logistical problems in the sector in recent months, particularly linked to recurring incidents on the railway and the poor state of the road network during the rainy season. . Difficulties which have negatively affected the supply of factories, particularly those installed in the Nkok special investment zone (ZIS). As a result, sales to local industries fell by 19.8%. However, quarter on quarter, production activity in the wood industries recovered by 3%, despite this situation. Takes note of the Le Nouveau Gabon site.

Despite the fall in wood production, we still note a 4% increase in the sawmill production index at the end of the second quarter of 2023. This progression puts an end to a downward cycle over three consecutive quarters. Indeed, the good performance of the order book over the period under review explains this good production trend. We must still note a slowdown towards the markets of Asia and the Middle East, according to the Ministry of the Economy.

We also note a slight increase in peeling (composed of veneer and plywood) of 2%, slowing down after the 11% recorded during the first quarter. Despite strong demand, production suffered from low supply to production units. Year-on-year, the situation is exacerbated and production declines by 13%. Indicates the New Gabon site.

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