Rosewood is the world’s most trafficked wild product, according to the UN Office of Drugs and Crime, accounting for a third of all seizures by value, more than elephant ivory, pangolins, rhino horn, lions and tigers put together. The Convention on the Trade in Endangered Species (CITES) has imposed trade restrictions on all a third species of rosewood. Trade in the timber, which is used in America ’s booming luxury furniture market, is leading to deforestation in south-east Asia , China and central west Africa . A 300 times increase since 2005 puts the value of the trade at an estimated $2.2bn p.a. The UN Office of Drugs and Crime reports that rosewood is the most trafficked wild product in the world, providing a third of all seizures in terms of value.
The Convention on the Trade in Endangered Species (CITES) has imposed trade restrictions on all a third species of rosewood. Trade in the timber, which is used in America ’s booming luxury furniture market, is leading to deforestation in south-east Asia , China and central west Africa . A 300 times increase since 2005 puts the value of the trade at an estimated $2.2bn p.a. The UN Office of Drugs and Crime reports that rosewood is the most trafficked wild product in the world, providing a third of all seizures in terms of value.