Research article Wood supply and demand issues in the Pacific rim—background situation.
A. Ogle and R. Miller
Christchurch, New Zealand: New Zealand Institute of Forestry.
The paper contains an update on the wood supply and demand outlook situation for New Zealand. There have been a number of modelling attempts in recent years to look at both supply and demand situation for wood. The outcome of these modelling attempts has been inconclusive. The paper attempts to separate market certainties from uncertainties. It also highlights the increasingly important role of plantations in the world industrial wood supply, and the decreasing supply of larger diameter logs. The paper concludes that there are significant market risks in plantation forestry as a result of the long lead times and changes in the world economy. New Zealand appears to be reasonably positioned because of our early investment in larger diameter logs and our presence in the Asia-Pacific market region; however, there is no room for complacency. (no keywords)
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