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Do Malaysian wood products have a "bright future" in the European market?

Noor Aini Zakaria, Lim Hin Fui (), Ahmad Fauzi Puasa (), Jean-Marc Roda (), Rohana Abd Rahman () and Ismariah Ahmad
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Lim Hin Fui: Forest Research Institute Malaysia
Ahmad Fauzi Puasa: Forest Research Institute Malaysia
Rohana Abd Rahman: Forest Research Institute Malaysia
Ismariah Ahmad: Forest Research Institute Malaysia

EAS Strategic Options, 2009, vol. 2009, issue 03, 1-2

Abstract: Since many decades, Malaysia has been recognized as a major supplier of tropical wood products in the world. Malaysia has exported wood products to all the regions in the world mainly to Asia, Europe, Middle East, Oceania (New Zealand and Australia), America and Africa. Traditionally, Europe has been the favorite market for Malaysia after Asia. In 2008, Asia market (about 54%) constitutes the highest percentage of the Malaysia total wood export value and followed by Europe (12%). Among the European market, Western Europe received the highest exports of wood product value from Malaysia (47% of the total European market). The biggest export markets are Netherlands, Belgium, France, United Kingdom and Germany. In 2008, the export value to Europe was USD 586,925,586. Despite that, in 2013 we expected that it will decline to 503,000,000 USD. The total trade value of Malaysian wood products in the European region is expected to decline about 14% compared to 2008.

Keywords: fleet; europe; malaysia; market; wood products; economy; industry; wood; exports; forecast; china; africa; middle east; timber; brazil; un commodity trade statistics (search for similar items in EconPapers)
Date: 2009
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Handle: RePEc:epf:easopt:200912