U.S. forest sector in 2030: markets and competitors

• Published in: Forest products journal Vol. 55; no. 5; pp. 27 - 36
• Main Authors: Turner, J.A, Buongiorno, J, Zhu, S, Prestemon, J.P
• Format: Journal Article
• Language: English
• Published: Madison, WI Forest Products Society 01-05-2005
• Subjects: Applied sciences; Case studies; Competition; Competitive advantage; demand; econometric models; Economic growth; Exact sciences and technology; Exports; Forecasts and trends; forest economics; Forest products; Forest products industry; GDP; Global Forest Products Model (GFPM); globalization; Gross Domestic Product; imports; Industrywide conditions; International trade; Laws, regulations and rules; market competition; Market size; Newsprint; Paper, paperboard, non wovens; Plywood; Polymer industry, paints, wood; Prices; Production costs; Stagnation; Studies; supply; Tariffs; Timber; Trends; Wood; Wood. Paper. Non wovens; world markets; United States; North America; America; United States > US; Paperboard; Import; Wood fiber; Paper pulp; Round wood; Newsprint; Economic study; Waste paper; Marketing; Paper industry
• EISSN: 2376-9637
• ISSN: 0015-7473

The Global Forest Products Model was used to project international forest sector developments, conditional on the latest RPA Timber Assessment of future domestic changes in the United States. While the United States, Japan, and Europe were predicted to remain major importers of forest products out to 2030, the rapid economic growth of China would make it the world’s largest market for raw wood, and intermediate and final forest products.Mexico and the Republic ofKoreawould also become important markets for solid wood and fiber products. The U.S. share of global exports of industrial roundwood and other paper and paperboard were predicted to increase out to 2030. In competition with the United States, itwas predicted that Finland, Austria, Latvia, Chile, and New Zealand would increase their share of global sawnwood exports, and Austria and the Republic of Korea would emerge as exporters of printing and writing paper.