Forestry and Logging in Australia - Industry Market Research Report
Description
Forestry and Logging in Australia
The Forestry and Logging industry has endured challenging operating conditions in recent years, in response to weak downstream demand. Harvesting volumes have tumbled and downstream demand across key markets has fallen, contributing to a drop in industry profit margins. In particular, lower demand from log sawmilling and drops in residential building construction have contributed to several years of dwindling revenue. But a climbing domestic price of timber has benefitted forestry and logging firms, offsetting further drops in revenue in recent years. Industry exports have plummeted in recent years. This trend is mainly attributed to supply chain disruptions associated with the pandemic and a trade dispute with China since late 2020 over pests allegedly found in previous log imports into China from Australia. Overall, industry revenue has been sinking at an average annualised 8.0% over the past five years and is expected to total $3.6 billion in 2022-23. This includes an anticipated drop of 4.2% in 2022-23 alone.
Companies in the industry manage and log native forest and timber plantations. The industry also provides related services such as timber hewing and shaping. Forestry support services such as pest management and forest planting are excluded from the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
The Forestry and Logging industry has endured challenging operating conditions in recent years, in response to weak downstream demand. Harvesting volumes have tumbled and downstream demand across key markets has fallen, contributing to a drop in industry profit margins. In particular, lower demand from log sawmilling and drops in residential building construction have contributed to several years of dwindling revenue. But a climbing domestic price of timber has benefitted forestry and logging firms, offsetting further drops in revenue in recent years. Industry exports have plummeted in recent years. This trend is mainly attributed to supply chain disruptions associated with the pandemic and a trade dispute with China since late 2020 over pests allegedly found in previous log imports into China from Australia. Overall, industry revenue has been sinking at an average annualised 8.0% over the past five years and is expected to total $3.6 billion in 2022-23. This includes an anticipated drop of 4.2% in 2022-23 alone.
Companies in the industry manage and log native forest and timber plantations. The industry also provides related services such as timber hewing and shaping. Forestry support services such as pest management and forest planting are excluded from the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
50 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
