RISI, which analysis global forest products, says that over the next two decades we’ll see major changes in Southeast Asian exports that will impact the timber and forest products market on a global scale.
According to a new report from RISI, Southeast Asia: Regional Timber Supply and Market Outlook, changes in the Southeast Asian forest products markets will ripple internationally as the region dominates hardwood log and woodchip exports to Asia.
Robert Flynn, director of International Timber at RISI and co-author of the study, commented: “Southeast Asian woodchip exports to Japan and China produced 5.6 million tonnes of bleached-hardwood kraft pulp that would have otherwise been imported from global markets. This affects South American producers of hardwood pulp as well as competitors in the woodchip trade in Australia, Chile and South Africa. Similarly, we are expecting to see a significant reduction in hardwood log exports in the future. Considering this region supplied 75% of global tropical hardwood log exports last year, this trend will influence wood products and timber markets internationally.”
The study covered Indonesia, Malaysia, Thailand, Vietnam, Philippines, Myanmar, Cambodia, Lao PDR, Brunei Darussalam, Singapore, Timor-Leste, Papua New Guinea and Solomon Islands.
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