Teak Information
For more information on present availability of shares please contact us at invest@PanamaTeakForestry.com
- Introduction
- Teak: A Global Overview
- Ecology
- Management of Natural Teak Forests
- Teak Plantations
- History of Teak Plantations
- Plantation Areas & Planting Rates
- Plantation Management
- Growth Rates and Clear Bole Growth
- Management Strategies
- Growing Conditions
- Quality of Plantation-Grown Teak
- Availability of Planting Materials
- Spacing, Thinning and Pruning
- Rotation Period
- Teak Plantation Investment Controversies
- Productivity and Volume Estimates
- Research concerning Teak Plantations
- Round-wood Production & Trade in Teak
- Pricing of Teak
- Policies & Legislation Affecting Teak -natural Forests
- Plantation Establishment
- Trade Policies & Related Measures
- Environmental Issues
- Social Aspects
- Conclusions
- Bibliography
Trade Policies and Related Measures
Plantation Establishment
Trade-related measures that may influence teak growing and markets include national import tariff structures applied to teak products, non-tariff measures such as requests for certification, and boycotts by retailers or consumer groups.
The Uruguay Round of the General Agreement on Tariffs and Trade (GATT) formalized a general trend in trade liberalization for forest products, which applies also to trade in teak. In general, the most significant restrictions on trade in primary teak products are those applied by potential exporting countries, particularly log export bans and export taxes on sawn timber. Nonetheless, considerable import tariffs, commonly 10 to 15 percent, are still applied to some processed products, such as joinery and furniture, in important developed-country markets. Such tariffs can lead to discouragingly high prices for teak products. Probably the most significant recent change influencing global teak trade was the removal, in 1992, of import licensing requirements for logs in India. As a consequence India is now able to import large volumes of teak logs, particularly from Africa, to make up for the domestic shortfall caused by the country's restrictions on teak logging.