China's eucalyptus production forecast to boomFriday 18 Dec 2015 Timber output from China’s eucalyptus plantations is forecast to exceed 30 million m3, making up around 27% of the annual domestic timber output, IHB/Fordaq reported, citing government data. Eucalyptus is currently China’s third most available plantation timber, although the eucalyptus plantation area of around 4.5 million hectares accounts for just 2% of the country’s forested area.In 2006, the area of eucalyptus plantations was 1.7 million hectares, but large-scale plantations of fast-growing trees, especially eucalyptus, have been established in South and Central China in recent decades. China’s emergence as the world’s leading consumer of wood products and the growing global forest products market has driven this rapid growth in plantations, IHB/Fordaq noted. The country's eucalyptus supply and manufacturing chain is believed to support more than 10 million jobs. Source: Industry Intelligence Inc  |
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