Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Strong Growth in Use of Wood Products

Forestry Flow Account: 1996–2002

Strong Growth in Use of Wood Products

There was a strong increase in the use of wood products within New Zealand for the period 1996 to 2002, Statistics New Zealand said today. This increase occurred despite the Asian financial crisis depressing the market between 1998 and 1999.

Over this period domestic use of plywood increased dramatically by 367 percent (or 286,000m³ of roundwood equivalent), and particleboard use increased by 134 percent (or 98,000m³ of roundwood equivalent). These increases occurred predominantly in the furniture manufacturing and residential construction industries.

Exports of wood and wood products increased by over a third (by 40 percent or almost five million m³ of roundwood equivalent) for the period 1996 to 2002. The majority of these exports were to Australia (a quarter) and Japan (a fifth). New Zealand’s forestry industry contributed around $3,000 million in 2004 directly to New Zealand’s gross domestic product (around 3 percent) and provided around 100,000 jobs.

Released today, the Forestry Flow Account 1996–2002 presents analytical information about New Zealand’s forestry industry and the use of wood products within the economy as part of an environmental series measuring the reliance of our economy on natural resources.

The Forestry Flow Account 1996–2002 report and accompanying tables can be found on the Environmental Statistics webpage (www.stats.govt.nz/environment).

Brian Pink
Government Statistician

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Reserve Bank: Policy Lessons From A Year Of Covid-19

The Reserve Bank of New Zealand – Te Pūtea Matua was in a sound position to continue to meet its mandate in the face of the COVID-19 induced economic shock. However, we must continue to transform so as to remain relevant and effective in addressing longer-term challenges, Reserve Bank Governor Adrian Orr said... More>>


Transport Industry Association: Feb 2021 New Vehicle Registrations Strongest On Record

Motor Industry Association Chief Executive David Crawford says that the February 2021 figures are the strongest for the month of February ever. Registrations of 12,358 were 8.0% up on February 2020. Year to date the market is up 7.1% (1,735 units) compared to the first two months of 2020... More>>

Paymark: Lockdown Equals Slowdown For Some

The three days of lockdown for Auckland earlier this month made a clear impression on our retail spending figures. While only Auckland moved into Level 3 lockdown, the impact was felt across the country, albeit at different levels. Looking at the ... More>>

Infrastructure Commission: Te Waihanga Releases Report On Water Infrastructure

The New Zealand Infrastructure Commission, Te Waihanga’s latest discussion document highlights the importance of current reforms in the water sector. Its State of Play discussion document about water infrastructure is one of a series looking at the ... More>>


OECD: Annual Inflation Picks Up To 1.5% In January 2021 While Euro Area Records Sharp Increase To 0.9%

Annual inflation in the OECD area picked up to 1.5% in January 2021, compared with 1.2% in December 2020. Following a rebound between December and January, the annual decline in energy prices was less pronounced in January (minus 3.9%) than in December... More>>


Hemp Industries Association: Could The Next Team NZ Boat Be Made Entirely Of Hemp?

With The America’s Cup due to start in a few days’ time, innovators from a very different sphere have been wondering how long it could be before New Zealand could be competing in a boat entirely built from hemp, with the crew eating high-energy, nutritious hemp-infused foods and wearing high-performance hemp kit..? More>>


ACT: Matariki Almost A Half Billion Dollar Tax On Business

“Official advice to the Government says an extra public holiday at Matariki could cost almost $450 million,” ACT Leader David Seymour can reveal. “This is a perfect example of the Prime Minister doing what’s popular versus what’s responsible. ... More>>

Genesis: Assessing 6,000 GWh Of Renewable Generation Options For Development By 2025

Genesis is assessing 6,000 GWh of renewable generation options for development after starting a closed RFP process with 11 partners. Those invited to participate offer a range of technologies as Genesis continues to execute its Future-gen strategy to ... More>>