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Customs data shows that New Zealand's timber exports in November fell 58% year on year

2022-12-27

According to customs data, in November 2022, the timber exported from New Zealand decreased by 58% year on year to 121,800 cubic meters.

According to customs data, the average price of timber exported from New Zealand in November 2022 increased by 49% over the previous month, reaching US $423 per cubic meter. According to customs data, this is 105% higher than the US $206 a year ago.

Recently, Stuart Nash, the Minister of Forestry of New Zealand, said at the press conference that his country would continue to make efforts to increase the production of low-carbon wood products,

He said that by 2030, the wood processing output will increase by 25% to 3.5 million cubic meters, and the use rate of local wood in buildings will increase by 25%. By 2040, the export of high value-added wood products will increase by AUD 600 million. In addition, the Forestry and Wood Processing Industry Transformation Plan (ITP) released by the sector will improve the wood processing output of New Zealand and develop low-carbon, high value-added technology industries.

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