Tropical Timber Market Report - February insightsFriday 20 Feb 2026
Changes in the domestic timber supply structure in China. The country has continuously implemented a ban on commercial logging of domestic natural forests resulting in a significant reduction in large diameter log resources. Sawmills have increased their reliance on imported raw materials, especially for a stable supply of sawn softwood. The market competitiveness of New Zealand timber. New Zealand's timber is mainly composed of radiata pine. It is stable and of uniform specifications. Moreover, due to the upgrade of the China-New Zealand Free Trade Agreement, China has abolished tariffs on 12 related tax items of wood and paper products imported from New Zealand. Approximately 99% of the wood and paper enjoy tax-free treatment, thereby reducing the import cost of sawn softwood. Substitution effect and supply chain diversification. Due to the impact of international circumstances the import volume of timber from traditional supply countries such as the United States and Germany has significantly decreased. Chinese enterprises have accelerated the diversification of their supply chains. As a stable and reliable supply country New Zealand's exports of sawnwood to China have increased. In conclusion, the increase in China's imports of sawnwood from New Zealand in 2025 was the result of the combined effects of domestic resource constraints, policy benefits, supply chain adjustments and changes in the international situation. More >> Source: ITTO Tropical Timber Market (TTM) Report | ||
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