EXPORT STATISTICS
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1 EXPORT STATISTICS MONTHLY LOG EXPORTS F.O.B. US$ MILLION JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC MONTHLY LOG EXPORTS VOLUME M JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC
2 LOG EXPORTS BY DESTINATION China Japan Korea India Taiwan Philipns Other 1. Based on percentage of total log export volume. 2. China includes exports to Hong Kong. 3. In 21 Other is comprised of Malaysia, Indonesia and Vietnam. Indonesia only in 22. LOG EXPORTS BY SPECIES (M3 %) KWI CAL MAL MER TAU TER GP1 GP2 GP3 GP4 1. GP1 includes all other group 1 species not graphed individually.
3 EXPORT STATISTICS AVERAGE LOG EXPORT PRICE US$ / M $/M LOG EXPORTS VOLUME IN M3 million M3mil
4 AVERAGE LOG EXPORT PRICES K/M3 US$/M Exchange rates Bank PNG Quarterly Economic Bulletin yearly rate Actual average rates for log exports derived from SGS log export reports KINA / US$ EXCHANGE RATES.6 K1=$
5 EXPORT TAX PAID K million K'mil Government PNG Budget papers SGS log export reports EXPORT TAX AS % OF F.O.B. VALUE %FOB Tax rates have been amended from , 3% increase, from , 13% increase, on and from , current revenue system introduced, the effective tax rates increased only slightly but a marginal tax scale based on FOB value in Kina was implemented , the first K13 of FOB value was exempted from tax , the exemption was withdrawn and 1995 rates reapplied 1-1-2, marginal tax rates were reduced by 5%
6 TOTAL F.O.B. VALUE LOG EXPORTS (million) Kina US $ F.O.B. EXPORT PRICE US$/M3 AND EXPORT TAX $/M FOB $/M3 Tax $/M
7 Key Statistics Log Exports Export Volume M3 1,983,852 1,992,527 1,556,22 1,853,55 Value FOB US$ 151,952, ,75,96 89,393,44 99,75,854 Value FOB Kina 385,572, ,746, ,89, ,43,757 Export Tax Paid Kina 1,597, ,853,442 95,77,91 112,692,564 Average Price US$/M Average Price Kina/M Average Tax Rate 26.1% 35.4% 33.8% 3.7% NUMBER OF COMPANIES INVOLVED IN LOG EXPORT SUB-SECTOR JUL '3
8 JAPANESE LOG IMPORTS M3 million Southsea Nth America Russia N.Z. Africa/Europe 1.Southsea includes PNG, Malaysia, Indonesia, Solomon Islands. PNG s share 21, 2% (1997, 37.5%) 2.Source Japan Lumber Journal JAPANESE TIMBER IMPORTS M3 million Southsea N America Russia N.Z. Chile Europe Plywood Plywood from all sources (mainly Indonesia 2.7m.M3 and Malaysia 1.8m.M3). 2.Source Japan Lumber Journal
9 CHINA FOREST PRODUCTS IMPORTS US$billion CHINA LOG IMPORTS YR 2 M3 million Logs Timber Plywood Veneer Pulp/Used Paper Paper/Paperboard Russia Malaysia Gabon PNG Indonesia Manyamar Germany France Others TOTAL Hardwood Softwood
10 CHINA TIMBER IMPORTS YR 2 M3 million Indonesia US Russia Malaysia Canada NZ Others 2
11 PROCESSED TIMBER EXPORTS ( K/$ million ) PNG K US $ Exchange rates Bank PNG yearly rate actual average annual rates based on SGS export reports. 2. Source Bank PNG Quarterly Economic Bulletin NFS Price Barometer for export permit applications and producer reports M3, 2 65M3 of certified (FSC) lumber of select species was exported. No other figures for small scale, eco forestry certified production or exports are available. PROCESSED EXPORTS BY COMMODITY ( M3 ) Veneer Eaglewood Balsa Plywood Lumber Woodchip not to scale Rubberw'd Actual Woodchip volumes ,M3 2 12,M ,6M ,428M3
12 PROCESSED EXPORTS BY VALUE ( US$ ) Veneer Sand'wd Balsa Plywood Lumber Woodchip Rubberw'd LUMBER, RUBBERWOOD & BALSA EXPORTS BY DESTINATION ( US$ ) Australia Belgium New Cal UK India China Malaysia NZ Tahiti Taiwan Indonesia Other Asia Europe 1. Total value 2 US$15.3m, 21 US$16.2m, 22 US$15.2m
13 LUMBER EXPORTS BY SPECIES M Malas Furn Comp Kwila Pencil Cdr Other Grp1 Mixed Rosew'd Taun Teak AVERAGE EXPORT PRICES MAJOR SPECIES US$/M3 Teak Taun Rubberw'd Rosew'd Mixed Kwila Kempas Balsa
14 AVERAGE EXPORT PRICES MINOR SPECIES & OTHER PRODUCTS US$/M3 Pencil Cdr Vitex Walnut Woodchip Veneer Plyw'd Calo. Malas
15 PLANTATION DEVELOPMENT AREAS PLANTED AS AT END OF YR, Ha s Ulamona Galley Rch Wahgi Ulabo Stettin Bay Open Bay Lapegu Kuriva Kerevat Kaut Kainantu Ialibu Fayatina Madang Gogol Bulolo Brown Rv Source NFS Annual Reports 1969,1974, National Forest Board reports 1996, 2. No new plantings in 21.
16 PNG PLANTATION ESTATE TOTAL Ha s AT END OF YEAR Ha's Reliable figures are unavailable for areas established by private smallholders, mainly in East New Britain, for Balsawood production. Estimated area ranges up to 4 hectares. Charts do not include Balsa plantation figures. PLANTATION DEVELOPMENT BY STATE/PRIVATE SECTOR AGENCIES 1% 8% 6% 4% Private State 2% %
17 NEW PLANTATION AREAS DEVELOPED, Ha s To State Private PLANTATION RESOURCES BY SPECIES, END YR 2, Ha s Teak Pinus/Aurc. Rubberw'd Hardwoods Major hardwood species planted include E.sp, Saligna, Robusta, Deglupta & Grandis, A. Mangium, T. Brassii Minor hardwood plantings include Rosewood, Erima, Albizia F., Callophylum
18 COMMERCIAL GROSS WOOD VOLUMES AVAILABLE AT MATURITY M3 TOTAL VOLUME 15.2Million M Teak Pinus/Aurc. Rubberw'd Hardwoods 2 Planting, thinning and felling cycles vary for different species and locations. Above estimates are based on average yields at maturity of 225M3/ha. Pinus and Rubberwood and 255M3/ha. for Teak and Hardwoods.
19 ANNUAL REVENUE FROM LOG EXPORTS K million Ki Ex La PERCENTAGE SHARE OF ANNUAL REVENUE Export Tax Landowners
20 ALLOCATION OF FOB VALUE PER M3 2 FOB US$/M Los Inv Cos Lan Exp INDICATORS OF CAPITAL INVESTMENT IN CURRENT OPERATIONS Unit Sales Heavy Equi Logging Tru Note above total cost to operator is cost of production plus loss.
21 PNG EXPORTS BY COMMODITY ( Source BPNG Quarterly Bulletin, SGS and NFS reports ) 25 2 K'million PNG KINA / US $ AVERAGE EXCHANGE RATE PNG Kina
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