Friday, August 23, 2019
Growing demand in timber across regions highlighted the need for planting new tress. Latest reports from IITO brings forth the various uses of wood across the globe. Latest review on timber situation underpinned that wood production slowed down around the countries in Asia and manufacturing usage also reduced over times.
China’s imports of tropical sawnwood slowed in 2018 after rapid growth between 2014 and 2017, according to the Biennial Review and Assessment of the World Timber Situation 2017–2018, published recently by ITTO. The ITTO flagship publication provides insights into trends in the global timber sector and markets, including the production and trade of primary and secondary processed wood products.
This Review includes data appendices on total timber production volumes and trade volumes/values for all ITTO members, in addition to trade values on secondary processed wood products for all ITTO members and price indices for selected products and
species.
Data from the Review are included in ITTO’s online statistical database, updating it for the period 1990–2018 and making it a formidable tool for analyzing long-term trends in the trade of tropical timber and primary tropical timber products (industrial roundwood, sawnwood, veneer and plywood) and important shifts in timber production and further processing. The latest edition of the Review also features a comprehensive analysis of timber supply and demand in Japan, including current trends and future prospects for South Sea timber.
Tags: china, otto, review, timber production, wood manufacturing
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