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African mahogany plantations in Australia a good investment
22/03/2010
A government report in North Queensland, Australia, has described a recent harvest of African mahogany as “pleasing”, with the forestry plots producing above-average yields of high-grade, marketable timber.
The principal scientist from the Department of Employment, Economic Development and Innovation (DEEDI), Dr Kevin Harding, pointed out: "African mahogany is an established and highly sought-after timber in international markets for high-quality furniture, boat building and veneer products, and has also been used to make musical instruments."
With a mean of 338 cubic metres per hectare of commercial quality saw log over a twenty year period, the African mahogany plantations are generating 204 cubic metres of dried sawn timber for each hectare.
Dr Harding explained that the plantations produced a volume of usable timber that was above average, with only a 6 per cent reject rate. The timber had been assessed in terms of log volume, log end split, shrinkage, wood colour and heartwood/sapwood proportions
At the moment, the price for milled and dried timber board varies between US$1800 and US$2250 per cubic metre, making mahogany a good investment.
Over the past twenty years, landowners in the region were encouraged to plant African mahogany as part of various community forestry projects.
The principal scientist from the Department of Employment, Economic Development and Innovation (DEEDI), Dr Kevin Harding, pointed out: "African mahogany is an established and highly sought-after timber in international markets for high-quality furniture, boat building and veneer products, and has also been used to make musical instruments."
With a mean of 338 cubic metres per hectare of commercial quality saw log over a twenty year period, the African mahogany plantations are generating 204 cubic metres of dried sawn timber for each hectare.
Dr Harding explained that the plantations produced a volume of usable timber that was above average, with only a 6 per cent reject rate. The timber had been assessed in terms of log volume, log end split, shrinkage, wood colour and heartwood/sapwood proportions
At the moment, the price for milled and dried timber board varies between US$1800 and US$2250 per cubic metre, making mahogany a good investment.
Over the past twenty years, landowners in the region were encouraged to plant African mahogany as part of various community forestry projects.
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