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LumberMarketPhilippines - Sector Profile For Forestry and...

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Sector Profile For Forestry and Wood Products In The Philippines Market 1.0 MARKET STRUCTURE 1 1.1 Background The Philippines is experiencing a decline in the volume and quality of local wood supply due to the alarming dwindling forestry situation. The timber industry used to be among the top contributors to the country’s national income. The Philippines, being a timber producing country, had been one of the most active producers and exporters of logs and other wood products in the Asia-Pacific region. Over the last three decades, however, the industry has steadily declined in terms of economic prominence. The important contributions of the industry have been eroded by deforestation that has been going on at a rate acknowledged to be among the highest in the world. The rapid depletion of the country’s forest resources brought about by various factors has severely affected and continues to affect the viability of the industry. 1.2 Market Size Data from the Department of Trade and Industry in the Philippines revealed that the country’s imports of forest products from New Zealand increased by 37%, from US$ 10.3 million in 2004 to US$ 16.5 million in 2005. Of the total amount of US $ 16.5 million, sawn timber/lumber accounted for 25%, logs (2%), plywood and veneer (37%), pulp wood (7%) and others (29%). Logs Local log production dropped significantly by 52% from 767,668 m 3 in 2004 to 367,079 m 3 in 2005. The net supply or apparent domestic consumption (ADC) of local logs in 2005 was 22% lower (951,000 m 3 in 2004, 745,000 m 3 in 2005) in volume than that in 2004. Imported logs constituted 22% of 2005 ADC compared to 19% ADC in 2004. Total log imports decreased slightly by 7% from 177,107 m 3 in 2004 to 164,960 m 3 in 2005. Hardwood logs continue to dominate log imports, accounting for over 50% of total log supply in the year. Sawmillers mostly use tropical hardwood logs coming from Solomon Islands, Malaysia, and Papua New Guinea as raw material for lumber manufacture. The volume of imported softwood logs (mostly sourced from NZ) that is processed into lumber is negligible, as imported softwood logs are mostly processed into plywood. Log imports from NZ in 2005 1 New Zealand Trade and Enterprise 1 While every effort is made to ensure the accuracy of the information contained herein, New Zealand Trade and Enterprise, its officers, employees and agents accept no liability for any errors or omissions or any opinion expressed, and no responsibility is accepted with respect to the standing of any firms, companies or individuals mentioned. New Zealand Trade and Enterprise reserves the right to reuse any general market information contained in its reports. ISBN 978-0-478-30603-3
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2 New Zealand Trade and Enterprise totalled 7,987 m 3 . Lumber manufactured from local logs is primarily produced from the lauan species from dipterocarp forests, from plantation species, and coconut wood (cocowood). Lumber
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LumberMarketPhilippines - Sector Profile For Forestry and...

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