Guyanese plywood exports bounce back

Plywood export volumes from Guyana bounced back in the third quarter largely due to increased US consumption, according to the International Tropical Timber Organisation’s latest market report.

Plywood exports made up 41% of all timber products leaving the country, with third-quarter volumes up 9% on the second quarter and 14% up on the first quarter.

The American market consumed 54% of all plywood exported during January-September.

Log exports also grew as a result of greater demand from India, which now accounts for 53.8% of all logs exported from Guyana.