Daily News / Global Trends / Market Analysis / Forestry / Lumber / Sawmilling / Statistics / Wood Products / Asia & Middle East / Global
January 30, 2019
Malaysian timber exports projected to contract by 4% in 2018
The Malaysian Timber Industry Board (MTIB) is projecting a 4% decline in exports of timber and timber products for 2018 — falling short of the National Timber Industry Policy (NATIP) target of RM23 billion — before picking up again this year. Speaking to reporters at a timber market performance outlook event, MTIB deputy director general Norchahaya Hashim said the value of the exports of timber and timber products is projected to contract 4% to RM22.30 billion in 2018, from RM23.21 billion in in 2017. The projected decline in 2018, she said, is ...
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