China Forestry and Timber Market Report 2008China Market ReportMay 26, 2008 43 Pages - SKU: CMP2073251 |
| Countries covered: China China's forest areas cover 4.6% of the total in the world with 174.90 million hectares. The forest coverage only reaches 18.21%, far lower than the world average level of 61.52%. The forest reserves are 12.46 billion cubic meters and still not amount to 3% of the total reserves in the world. The forest area per capita is 0.132 hectares, not reaching 1 / 4 of the world average level. The forest reserves per capita are 9.421 cubic meters and do not reach 1 / 6 of the world average level. The forest reserves per hectare are only 84.73 cubic meters which is equal to 84.86% of the world average level. From the perspective of forest area per capita, China is short in the forestry resource and far behind other countries which have abundant forest resources. In 2007, the output of timber was 69.7665 million cubic meters in China, up 5.52 per cent year-on-year, provided more timber supply for domestic market, amid 64,920,500 cubic meters of logs, increased 6.22 per cent year-on-year; 4.846 million cubic meters of fuel wood, decreased 3.10 per cent year-on-year. The timber market would be prosperous in the following years. It is expected that China timber output would increase rapidly and the annual growth rate would keep between 20% and 30%. In 2007, China imported 37,090,800 cubic meters of logs, up 15.36 per cent year-on-year, the total amount was 5.35061 billion U.S. dollars, increased 36.17 per cent year-on-year. Russia is China's main source for timber imports. In 2007 imports 25,395,600 cubic meters of timber from Russia, accounting for 68.47 per cent of the total imports. In the first quarter of 2008, China imported 8,514,700 cubic meters of logs, decreased 11.53 per cent year-on-year; unit price was 164.42 U.S. dollars per cubic meter, increased 22.25% than 134.5 U.S. dollars in 2007. The demand for timber is a large amount for the paper manufacturing industry. In 2007 the total amount of machine-made paper and paperboard output in China was 77.87 million tons, which has increased 18.07 per cent year-on year. In 2007 the output of wood-based panel was 88.3858 million cubic meters, up 18.98 per cent year-on-year; wooden floor was 343.43 million square meters, up 46.77 per cent year-on-year, a significant increasing. |
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