Woodworking industry

Timber processing complex of Russia

Main article: Timber processing complex of Russia

Information technologies in the forest industry

Main article: Information technologies in the forest industry

2019: The forecast of increase in prices for wood raw materials for 2.5% a year till 2030

Demand for wood is closely connected with level of business in building industry. At the same time, as experts for the beginning of 2019 consider, in the short term business in the construction sector will be negatively influenced by cyclic deceleration of growth of world GDP and rise in price of wood raw materials (+4.2% in 2018 after decrease by 10.5% from the 2015th on the 2017th). In long-term perspective of analytics give the positive forecast as increase in demand for the real estate in emerging markets is expected.

A segment of production of wood for heating and generation of the electric power price fluctuations strongly influence hydrocarbons, and with growth of volumes of use of wood for power generation this influence only amplifies. According to the latest data, available at the time of writing of the report, in 2018 the price of the unprocessed wood grew by 3.3%. Economists of the World Bank predict that with 2019th on the 2030th the prices of wood raw materials will increase on average by 2.5% a year.

In Europe consumption of wood products will be negatively influenced by the general cooling of economic activity in the region (experts of Coface predict deceleration of growth rates of GDP from 2.1% in 2018 to 1.7% in the 2019th) and decrease in demand for the real estate. Demand for heating wood, on the contrary, will grow, analysts as in the region the explicit tendency to growth of popularity of renewable energy sources is observed consider.

In China decrease in demand for the real estate, and together with it and decline in consumption of wood by builders is expected. The reason consists in decrease in growth rates of the Chinese economy and measures which undertakes Beijing not to allow emergence of a bubble in the real estate market.

In Japan demand for wood will grow in connection with active construction of infrastructure for the Olympic Games of 2020 which will take place in Tokyo.

2018: Developing countries expand activity scale in the industry

In recent years in the sector the tendency to redistribution of market shares is planned – producers from developing countries gradually expand scales of activity and take away clients from business from member states of the Economic Commission for Europe of the UN (UNECE).

According to UN committee on the woods and forestry, in 2018 the volume of consumption of timber in the countries of UNECE grew by 1.9%, first of all thanks to increase in demand for wood fuel granules. In the 2019th, analysts of committee predict, growth will slow down and will be only 0.9%. In Europe and North America changes in the legislation favorably affect the sector – the authorities actively stimulate growth of volumes of use of wood in building industry and power.