Industrial Round Wood Market Size

Industrial Roundwood Market Analysis

The industrial round wood market is anticipated to register a CAGR of 5.0% during the forecast period. In 2018, global industrial roundwood removals grew by 5 percent to reach a record level of 2.03 billion m³. Global trade grew 7% to a record high of 138 million m³, of which 43 % was imported by China. New Zealand overtook the Russian Federation to become the top exporter of industrial roundwood in 2018. s. In 2018, China's imports of industrial roundwood increased by 8%. Trends in total trade and net trade over the observed period showed a decline of 6% in 2015 followed by an increase of 5% in 2016, and 7% increase in 2018. At a regional level, Asia-Pacific was a net importer of industrial roundwood, and all other regions were net exporters. In 2018, net imports of 41 million m³ accounted for about 7% of consumption in the Asia-Pacific region. Europe and Northern America were the main net exporters of industrial roundwood, with net exports in 2018 of 12 million m³ and 13 million m³ respectively.