New Zealand timber industry aims to double exports with high-value processed wood products
New Zealand’s timber sector is targeting a doubling of exports over the next decade, aiming to increase annual export revenue from $5.7 billion to more than $11 billion. The strategy focuses on boosting the production and sale of high-value, processed wood products, including cross-laminated timber (CLT). Mark Ross, CEO of the Wood Manufacturers and Processors Association (WMPA), explained that nearly two-thirds of New Zealand’s timber is currently sold as unprocessed logs. “The log trade return is always going to be lower and relatively flat. The only way we can grow is through increased ...
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