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Companies in the timber industry / Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Statistics / Wood Products / Australia and Pacific Region / China / Global
March 13, 2020

Coronavirus: New Zealand forestry sector not likely to return to normal for six months

Coronavirus: New Zealand forestry sector not likely to return to normal for six months
   New Zealand’s forestry industry continues to be impacted by coronavirus related disruption. GWMI's industry contacts, primarily those involved in scheduling and making exports, report that in their view it is likely to be 6 months before normal business can resume, assuming the international situation does not deteriorate.    Provisional data from StatsNZ shows that forestry exports for the 4 weeks to 23 February are currently tracking below both 2019 and 2018. This is below forecast, and supports industry information that shows that harvesting and log exports have slowed.    Harvesting ...

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