Overview of the Market for Saw Logs And Veneer Logs (Non-Coniferous) in Uganda
In value terms, production of saw logs and veneer logs (non-coniferous) dropped sharply to $ in 2019 estimated in export prices. Overall, production continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2013 when the production volume increased by % y-o-y. Production peaked at $ in 2017; however, from 2018 to 2019, production stood at a somewhat lower figure.
The revenue of the market for saw logs and veneer logs (non-coniferous) in Uganda dropped notably to $ in 2019, waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed prominent growth. The growth pace was the most rapid in 2013 with an increase of % against the previous year. Consumption peaked at $ in 2017; however, from 2018 to 2019, consumption stood at a somewhat lower figure.