ECONOMIC ANALYSIS OF SAWN TIMBER MARKETING IN SAPELE LOCAL GOVERNMENT AREA, DELTA STATE, NIGERIA

Abstract

The study examined economics of sawn timber marketing in Sapele Local Government Area of Delta State, Nigeria. A multi-stage sampling technique was used to select 150 sawn wood marketers as respondents for the study. Data was collected with the aid of structured questionnaire. Descriptive statistics and gross margin analysis were used for the data analysis. Result showed that the mean age of the respondents was 36 years, 98.0% of the respondents were males and mean household size of 5 persons. Majority (73.3%) of the respondents had primary school education, while the mean marketing experience was 13 years. The calculated net revenue was N600,684.20. It was recommended that Government should endeavour to construct roads in areas where they do not exist and maintain the already existing ones for easy access to forest where these timbers were fetched. This will thus reduce transportation cost in order to boost the revenue of the marketers. Improved marketing efficiency should be pursued to help increase and sustain profit in sawn wood marketing.