Abstract
The study focused on marketing and value of additions of timber in Ife East Local Government, Osun state Nigeria. Specifically, the study examined the market efficiency, determined the profitability of the timber business, examine the level of value addition and the constraints facing the timber industry. Data were collected with the use of primary and secondary data. Primary data needed for the study were generated from structured questionnaire. Fifteen sawmills were randomly selected and one hundred and fifty questionnaires were distributed to the timber marketer and furniture m firm. One hundred and forty eight were retrieved. The data collected were analyzed using descriptive and budgetary analyses. The result showed that males had the highest percentage (89.2%). Majority of the respondents were within the age range of 40 -50 years (83.8%) and most were married (81.8%) it was further revealed that (67.6%) had regular supply of their product and the means of transportation was lorry (44.6%). The study also revealed that benches with 42% added more value addition to the industry. It showed that the year 2013 had the highest efficiency with 2.6. The budgetary analysis showed that the average revenue for the industry for the year 2012-2018 ranged between N2, 285,108.45, 889,107.12. It also revealed that the total profit for the timber ranged between 7, 340, 54.59 and 2,304,897.47.government policy, inadequate facilities in the market, inadequate facilities in the market, inadequate credit facilities, inadequate power supply and high cost of transportation were some of the constraint faced by the timber industry in Ife East Local Government.
 Keywords; profitability, marketing efficiency, timber, value addition, industry
Highlights
IntroductionThe study revealed that benches with 42% added more value addition to the industry
In the context of the result obtained from this study, timber business is an important source of income to many households in Nigeria and the study area in particular, it is experiencing major setbacks
The identified constraints to the development of timber industry need to be addressed if the industry must move forward
Summary
The study revealed that benches with 42% added more value addition to the industry It showed that the year 2013 had the highest efficiency with 2.6. (Popoola and Rahji, 2001) posited that an efficient marketing system is a prerequisite for increased and sustained production, and so, it is relevant in stimulating and producing forestry development and economic growth. This helps in appraising the extent to which. This study wish to examine profitability, marketing efficiency and value addition of timber industry in Ifeeast Local government of Osun State Nigeria
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