European and American Hardwood Markets in 2001 & 2002 A presentation for the AHEC European American Hardwood Convention Dublin, Ireland 25 October 2001 by Ed Pepke UN-ECE &
Download ReportTranscript European and American Hardwood Markets in 2001 & 2002 A presentation for the AHEC European American Hardwood Convention Dublin, Ireland 25 October 2001 by Ed Pepke UN-ECE &
European and American Hardwood Markets in 2001 & 2002 A presentation for the AHEC European American Hardwood Convention Dublin, Ireland 25 October 2001 by Ed Pepke UN-ECE & FAO Geneva UNECE TIMBER COMMITTEE European American Hardwood Convention, 25 October 2001 Sources of information • UN-ECE & FAO TIMBER database, Geneva • UN-ECE & FAO Timber Bulletins – “Forest Products Annual Market Review, 2000-2001” – “Forest Products Markets in 2001 and Prospects for 2002” UNECE TIMBER COMMITTEE European American Hardwood Convention, 25 October 2001 Forest Products Annual Market Review, 1999-2000 findings (1 of 4) • Consumption of sawn hardwood in the UNECE region* continued to rise to an all-time record through 2000. • Sawn hardwood production in the UNECE region increased by 4.1% in 2000. • Trade in hardwoods was at record levels in 1999 and continued to accelerate during most of 2000 throughout the UNECE region. * ECE region is USA & Canada, all of Europe and CIS (55 countries) UNECE TIMBER COMMITTEE European American Hardwood Convention, 25 October 2001 Forest Products Annual Market Review, 1999-2000 findings (2 of 4) • Prices of logs and lumber produced in the region advanced, although much more so in North America where the domestic and export demand was exceptionally strong and only towards the end of 2000 showed any sign of easing. • European production of sawn hardwood in 2000 responded to increased demand and improved prices and swelled with the recovery of wind-blown timber at the beginning of the year and demand from Asia. UNECE TIMBER COMMITTEE European American Hardwood Convention, 25 October 2001 Forest Products Annual Market Review, 1999-2000 findings (3 of 4) • Eastern Europe emerged as a more significant supplier of sawn hardwoods greatly assisted by the continued strength of the dollar and weakness of the euro currency. • Globalization of hardwood markets continued to play an increasingly important role, well demonstrated by the influence of such countries as China in the global supply and demand equation. UNECE TIMBER COMMITTEE European American Hardwood Convention, 25 October 2001 Forest Products Annual Market Review, 1999-2000 findings (4 of 4) • Rationalization in the furniture industry within and outside the UNECE region is changing the supply and demand profile for sawn hardwood. • The first half of the 2001 market saw a sharp downturn in demand levels and prices in North America and Europe. UNECE TIMBER COMMITTEE European American Hardwood Convention, 25 October 2001 Timber Committee market discussions forecasts from 3 October 2001 • Sawn hardwood markets in North America are softening in 2001. • Uncertainty for 2002 based on reports presented during the market discussion. • Production and trade of value-added products, both temperate and tropical, is increasing, in part due to globalization effects. • Tropical value-added products trade could exceed that of primary products in 2003. UNECE TIMBER COMMITTEE European American Hardwood Convention, 25 October 2001 Europe: Hardwood lumber demand and supply Million m 3 20 15 10 1993 1994 1995 1996 1997 Production UNECE TIMBER COMMITTEE 1998 1999 2000 2001 2002 Consumption European American Hardwood Convention, 25 October 2001 10 9 8 7 6 5 4 3 2 1 0 1993 Million m 3 Europe: Hardwood lumber trade 1994 1995 1996 1997 Exports UNECE TIMBER COMMITTEE 1998 1999 2000 2001 2002 Imports European American Hardwood Convention, 25 October 2001 Europe: Hardwood lumber imports 7 Million m 3 6 5 4 3 2 1 0 1989 '90 '91 '92 '93 '94 '95 Temperate UNECE TIMBER COMMITTEE '96 '97 '98 '99 2000 '01 2002 Tropical European American Hardwood Convention, 25 October 2001 United States: Hardwood lumber demand and supply 40 Million m 3 35 30 25 20 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 Production UNECE TIMBER COMMITTEE Consumption European American Hardwood Convention, 25 October 2001 United States: Hardwood lumber trade Million m 3 3 2 1 0 1993 1994 UNECE TIMBER COMMITTEE 1995 1996 1997 Exports 1998 1999 2000 Imports 2001 2002 European American Hardwood Convention, 25 October 2001 Europe: Hardwood logs demand and supply 35 Million m 3 40 30 25 1998 1999 2000 Production UNECE TIMBER COMMITTEE 2001 2002 Consumption European American Hardwood Convention, 25 October 2001 Europe: Hardwood log trade 4 Million m 3 3 2 1 0 1998 1999 2000 Exports UNECE TIMBER COMMITTEE 2001 2002 Imports European American Hardwood Convention, 25 October 2001 United States: Hardwood log demand and supply Million m 3 80 70 60 50 1994 1995 1996 1997 Consumption UNECE TIMBER COMMITTEE 1998 1999 2000 2001 2002 Production European American Hardwood Convention, 25 October 2001 Conclusions of UN Timber Committee market discussions, October 2001 (1 of 2) • In light of the economic downturn, it is imperative to develop new wood products to expand existing markets and to establish new markets to meet consumers’ needs. • It is important for the forest products industry to work internationally to promote the environmental advantages of the sustainable production of wood. UNECE TIMBER COMMITTEE European American Hardwood Convention, 25 October 2001 Conclusions of UN Timber Committee market discussions, October 2001 (2 of 2) • Need to increase the wood culture in the region. • Coordinate on-going national and regional campaigns to promote the use of wood. UNECE TIMBER COMMITTEE European American Hardwood Convention, 25 October 2001 Discussion, questions? UNECE TIMBER COMMITTEE European American Hardwood Convention, 25 October 2001