Scoop has an Ethical Paywall
Work smarter with a Pro licence Learn More

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

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.