UN Agency Reports Rises In Wood Production And Bioenergy Demand

According to new data from the UN Food and Agriculture Organization (FAO), global production of wood products has been increasing for the past six years, while wood trade saw a slight decline. “Our data registers a healthy growth in the global production of wood products and a rapid growth in production and trade of relatively […]

According to new data from the UN Food and Agriculture Organization (FAO), global production of wood products has been increasing for the past six years, while wood trade saw a slight decline.

“Our data registers a healthy growth in the global production of wood products and a rapid growth in production and trade of relatively new products indicating that the forest industry is adapting to changes and has huge potential to become a key player in emerging bio-economies,” said Mats Nordberg, FAO Senior Forestry Officer.

The data also suggests that the growth in the production volume ranged from between one to eight percent, and was mainly triggered by the continuous economic development in Asia, a recovering housing market in North America, and expansion of the bioenergy targets. In addition, FAO reported a small decrease in global trade value of wood and paper products from $267 billion in 2014 to $236 billion last year.

The wood pellet production in Europe has grown in the last decade, due to a high demand for bioenergy, reaching 28 million tons, which represents an eight percent increase from the previous year, and 47 percent increase from 2012.

According to the agency, Estonia, Latvia, and Lithuania produced and exported 3 million tons of pellets in 2015, overtaking Germany and Canada. The global markets of wood pellets were dominated by Europe and North America, with the US and Canada accounting for over one-third of global pellet production, and the UK, Denmark and Italy accounting for some 80 percent of global pellet imports (UK alone 52 percent).

From the UN News Centre: http://www.un.org/apps/news/story.asp?NewsID=55800#.WFgskPO_3S9

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