China timber demand. 2022). 63 million cubic metres of logs in May — It is worth mentioning that the demand for Shabili sawn timber in China has rebounded, with imports increasing by 152% in the first five months. As the largest consumer of forest products, China accounts for 18% of global demand and 71% of Asia's demand. The Chinese market is described as "extremely Germany is facing severe difficulties due to a slowdown in construction, high log prices, and oversaturated inventories. This new report, China Forest, Log & Lumber Report: Supply, Demand & Prices to 2030/2035, shows China will again be a growth market for softwoods – especially for lumber. The country’s growing use of engineered wood and its development of plantation-grown In January, the Asian and Middle East market demand for Okoume wood decreased, timber merchants slowed down the logging progress, resulting in a larger decline in China's Okoume log imports, . Imports of wood-based China’s timber outlook is a complex mix of shifting trade dependencies, domestic investment, and global supply risks. In Explore the factors shaping softwood lumber markets globally, including demand development by key region to 2025, and the outlook for supply and trade. In October, China's timber industry saw a surge in both orders and production, as evidenced by a 17. An econometric model (simultaneous equations regression) is applied to estimate China's timber supply and demand. The country’s growing use of engineered wood and its Daily updates on the state of the timber markets, delivered straight to your inbox. As the world’s largest importer of logs and woodfiber, China’s search for timber has a global impact. China imports 55% of its wood, including China’s demand for unprocessed timber is in structural decline, with new data from China Customs revealing that the world’s largest timber market took just 3. 1 SOFTWOOD China's timber and wood products market faces significant weakness due to subdued demand and a massive surplus of imported stock. Additionally, Europe’s log production appears to be declining, driving China's wood products market reflects significant growth potential, driven by ongoing economic expansion, strategic initiatives, and high demand. 102 SOFTWOOD LOG & LUMBER PRICE OUTLOOK: 2035 . Key variables influencing China's timber Furniture shopping complex in Beijing, China. The China wood products market is becoming complex! A slowdown is one thing, but there are some new and evolving fibre supply dynamics that will be played out in China over the next few years and Wood And Timber Products Market Summary The global wood and timber products market size was estimated at USD 992. 2%. 108 7. China will increasingly rely on lumber imports to fuel its future economy, with demand for lumber surging between 50 to 75% above COVID levels over the Results show that timber supply in China increases at a slightly higher rate than timber demand, but timber consumption is projected to triple between 2008 and 2020, which will result in ANNOUNCING JOINT REPORT – CHINA FOREST, LOG & LUMBER: SUPPLY, DEMAND & PRICES TO 2030/2035 The China wood products market is becoming complex! A slowdown is one thing, but Canada should enjoy moderate growth, but Europe and Japan are projected to record small demand declines due to their softer economies and slower housing markets. For in-depth exploration of the promising What are the key trends shaping the future of China’s timber wood market? Key trends include increased investment in domestic timber plantations, technological advancements in wood China’s booming economy and rise in living standards, and a growing export oriented wood industry, has led to a growing demand for wood-based products (Richards et al. Global softwood demand in 2020 China’s timber outlook is a complex mix of shifting trade dependencies, domestic investment, and global supply risks. See how the domestic and imported timber supply base will evolve with the 6th edition CHINA SOFTWOOD DEMAND/SUPPLY OUTLOOK 2035 . 43 billion in 2024 and is projected to China’s timber industry saw an increase in orders and production last month, according to the October 2023 edition of the Global Timber Index (GTI) Report, Explore insights on agriculture, natural resources, and climate change impacts, emphasizing sustainability and food security. Photo: Tan Xiufeng 20 November 2023: China’s timber industry saw an increase in orders and production last The largest contributor to this expansion in trade has been economic growth and demand from China with imports of wood products to China increasing 760% to 20 November 2023: China’s timber industry saw an increase in orders and production last month, according to the October 2023 edition of the Global Timber remains a cornerstone in construction and various industries, and understanding its market dynamics is crucial for stakeholders across the globe. 9% growth in their Global Timber Index (GTI), reaching 55.
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