Projected Increase in Demand for Wood in China

It has been estimated that China will require 800 million cubic meters of timber in 2020.

Thursday, July 3, 2014

From a statement issued by Costa Rican Foreign Trade Promotion Office:

A study by the State Forestry Administration (SFA) in China shows that the country's timber demand will rise to 800 million cubic meters in 2020. The Chinese government plans to build a billion square meters of green buildings between 2011 and 2015 and expects that by 2015 20% of new urban buildings will be ecological.

In order to meet this growing demand and to ensure a smooth supply chain, the SFA has submitted a proposal to simultaneously optimize the use of wood sources, both national and international ones.

More on this topic

Wood in Nicaragua: Bureaucracy Affects Businesses

March 2021

The slowness of local authorities to grant permits to wood exporters prevents them from taking advantage of the available resources in the country.

2020 was a complicated year for the sector, as Nicaraguan exports were considerably reduced due to the pandemic. In addition to this phenomenon, exporters face complications when it comes to obtaining the corresponding permits, a situation that prevents them from doing business in emergency scenarios.

Wood: $139 Million in Regional Sales

January 2020

In the first six months of 2019, $139 million in wood and wood products were exported from Central America, and 54% of them were sold by companies in Costa Rica and Panama.

Figures from the Trade Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graphics"]

Extraction and Export of Timber in Panama

February 2017

In 2016, 800 40ft containers containing teak and rosewood were exported to India and Vietnam, and this year the union of reforesters plans to export 5,000 containers.

The process of planting timber trees began about 20 years ago, and now, explained spokesmen from the union of reforesters, the first results are starting to be seen.

Market for Timber and its Derivatives in Costa Rica

November 2016

Production and sales figures and an analysis of the barriers to the use and economic activity of timber in Costa Rica and how to overcome them.

From a report entitled "Market for timber and timber derivatives in Costa Rica by the Forestry Financing Fund (FONAFIFO):