![]() United States of America (18%) Russian Federation (11%) China (9%) Brazil (8%) Canada (7%) Indonesia (4%) Sweden (3%) Finland (3%) Germany (3%) India (3%). Source: FAO Largest Wood Producing Countries by Products (percentage of global production 2018) Imports of wood pellets increased in Japan and, in 2016, the Republic of Korea became the third largest wood pellet importer, driving up wood pellet production in Viet Nam, Malaysia, Indonesia and Thailand. Imports of wood pellets in Asia surged by 51 percent in 2018. Europe accounted for 75 percent and Asia-Pacific for another 18 percent of global pellet consumption in 2018.Europe and Northern America accounted for most of the global production (55 percent and 28 percent respectively) however, the production share of the AsiaPacific region doubled to 15 percent from 2014 to 2018. In 2018, global production grew by 11 percent, reaching 37 million tonnes, of which more than half (24 million tonnes) was traded internationally. ![]() Wood pellet production has increased dramatically in recent years, mainly owing to demand generated from bioenergy targets set by the European Commission.Sawnwood and panel production and consumption continued to grow faster in China than in the rest of the world. In 2018, China’s imports of industrial roundwood increased by 8 percent. China is also highly significant in international trade of forest products, being the world’s largest importer of industrial roundwood, sawnwood and fibre furnish (pulp and recovered paper), and the largest exporter of wood-based panels.the United States of America in sawnwood production). China, by far the largest producer and consumer of woodbased panels and paper, has grown in importance as both a producer and consumer of forest products, and has recently overtaken a number of other big players in key product groups (e.g.Conversely, global consumption of recovered paper shrunk by 3 percent to 229 million tonnes, mainly due to declined imports in China. Most of the increased supply of wood pulp came from Brazil and Europe. Global production and trade in wood pulp grew by 2 percent to reach record high levels in 2018 (188 million tonnes and 66 million tonnes respectively).In contrast, the Russian Federation saw continued growth in sawnwood and panel production and exports, in 2018, surpassing Canada to become the largest sawnwood exporter. Canada saw a decline in production and exports of sawnwood from 2016 to 2018 due to trade disputes over import duties imposed by the United States of America, its main market.Global production and trade of both panels and sawnwood increased by 2 percent to a record high of 493 million m³ and 408 million m³ respectively. ![]() Wood-based panel and sawnwood production (combined) grew in all five regions around the world in 2018.New Zealand overtook the Russian Federation to become the top exporter of industrial roundwood in 2018. Global trade grew 7 percent to a record high of 138 million m³, of which 43 percent was imported by China. In 2018, global industrial roundwood removals grew by 5 percent to reach a record level of 2.03 billion m³.The fastest growth occurred in the Asia-Pacific, Northern American and European regions, likely due to positive economic growth in these areas. In 2018, growth in production of the main wood-based product groups ranged from 1 percent (woodbased panels) to 5 percent (industrial roundwood). ![]() Join today to see how BizVibe can help your business grow! Global Timber and Wood Products Industry Figures and Facts With this growing momentum set to continue through 2020, the world’s largest wood producing countries, largest wood exporters and importers are expected to witness a stronger increase in their production and trading volumes over the near future.īizvibe’s smart B2B marketplace solutions help buyers and suppliers in the global timber and wood industry to find and connect with each other, shorten sourcing and purchasing cycles, and maximise profit growth. According the latest statistics reported by the UN’s FAO, the global production and trade of all major wood-based products recorded their highest ever values in 2018, reflecting a steadily growing demand of timber and wood products in the global market. The world’s largest wood producing countries, largest wood exporters and importers are contributing immensely to the global timber industry and wood products industry.
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