Status and trend analysis of the production, export and import of wood and wood products in the G20 countries from 2004 to 2021

Vinod Kumar Upadhyay, Ritesh Tailor, Rashmi Ramesh Shanbhag, Narasimha Murthy, Pradeep Kumar Kushwaha and Manish Ranjan
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Vinod Kumar Upadhyay: ICFRE - Institute of Wood Science and Technology, Bengaluru, India
Ritesh Tailor: ICFRE - Institute of Wood Science and Technology, Bengaluru, India
Rashmi Ramesh Shanbhag: ICFRE - Institute of Wood Science and Technology, Bengaluru, India
Narasimha Murthy: ICFRE - Institute of Wood Science and Technology, Bengaluru, India
Pradeep Kumar Kushwaha: ICFRE - Institute of Wood Science and Technology, Bengaluru, India
Manish Ranjan: ICFRE - Institute of Wood Science and Technology, Bengaluru, India

Journal of Forest Science, 2025, vol. 71, issue 4, 159-170

Abstract: The aim of this work was to study the use of different types of wood products by the G20 countries. In the current scenario, every country is concerned about the severe exploitation of forests and the ensuing lack of markets for timber. Production and consumption of wood and wood products by the G20 countries account for 85% of global GDP and two-thirds of the world's population. Data for the study includes eight major categories of wood products in the G20 countries from 2004 to 2021: industrial raw wood, sawlogs and veneer logs, sawn wood, wood fuel, wood-based panels, paper and paperboard, pulp for paper, wood pellets, and other agglomerates. Autoregressive integrated moving average (ARIMA) models were used to predict the production, export, and import behaviour of wood and wood products from 2022 to 2030. According to the findings, the G20 countries would consume 1 644.6 million m3 of industrial raw wood in 2030, followed by 984.8 million m3 of sawlogs and veneer logs, 454.7 million m3 of sawn wood, 882.5 million m3 of wood fuel, 406.2 million t of paper and paperboard, 199.4 million t of pulp for paper, and 51.7 million t of wood pellets and other agglomerates. This study provides decision-makers with an analysis of the production and consumption of wood product markets in the G20 countries, which can be used for policy decisions.

Keywords: autoregressive integrated moving average model; forecast; time series; wood trade (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:caa:jnljfs:v:71:y:2025:i:4:id:42-2024-jfs

DOI: 10.17221/42/2024-JFS

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