Research and Markets: New Zealand Forest Products Industry Review
Posted on: Thursday, 21 July 2005, 06:00 CDT
Research and Markets (http://www.researchandmarkets.com/reports/c21163) has announced the addition of New Zealand Forest Products Industry Review 2004 to their offering
The review examines the state of the New Zealand forest products industry and the major challenges it faces from markets, climate change, environmental issues, infrastructure developments and government/industry initiatives. The latter is in recognition of the importance of the industry as it becomes a major export earner and positions itself to be the No 1 export earner by 2025, and one of the top five global suppliers of forest products.
Exports of forest products are an essential and growing part of the New Zealand industry but it is a small player in the world market. Although production is relatively small the exports of logs, lumber and MDF are becoming significant contributors to world trade.
New Zealand, with its small population base (4.06 million in mid 2004), is highly dependent on international trade. Its closest and biggest single market is Australia which takes 28.5% of total forest products exports. Other major markets are the all-important Asian markets of Japan (20.0%), S. Korea (12.7%) and China (10.3%). USA, now taking 12-15% of forest products, which are mainly in the form of lumber and mouldings but also include plywood, LVL and MDF, became the 3rd largest export market in 2002 but dropped to 4th in 2003. Twelve Asian markets account for 56% of exports with the balance spread over more than 26 other countries.
The report profiles over 100 companies in the industry and reviews investment opportunities. An in-depth analysis of the environmental position affecting the New Zealand industry is included. Recent major plantation transactions by USA based TIMO's and their impact on harvest levels are discussed and analysed. A 27 page TIMO/REIT fund review is supplied. This publication is the most up to date in-depth analysis available on the New Zealand Forest Products Industry.
For more information visit http://www.researchandmarkets.com/reports/c21163
Source: Business Wire
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